Living Beaverton - Your guide to everything Beaverton

head_left_image

You are only fooling yourself if you call yourself an investor

I know it sounds harsh, but the statement is true! I've been to many investor clubs and talked to many "Real Estate Investors" that have been going to the meetings for 5 years, yet have never actually invested in a single piece of property.

This is strange to me, but the more I talk to people the more I find out they call themselves investors because they buy all the books, go to every meeting and think they are experts. But, when you get right down to it, they are scared they will lose everything and will never actually invest anything more than the money they will pay for a book, a seminar, or the next year's investor club dues.

I love talking to the soon to be first time investor that has the light in their eyes and is ready and willing to go! I've even helped some out by showing that I believe in what they are buying so much that I will go in it with them, but they will have to split the profit with me 50/50%.

This usually separates the serious first time investors frm the wannabe. A real first time investor will jump at the chance to reduce their risk by 50%, and usually within one year they will purchase their second investment property without my help.

So why do I do this? Because I know that once an investor gets that feeling of joy that comes from getting a positive cash flow property check every month, they will buy another one. I love helping other investors. I buy a lot of properties, but I know I can't buy them all! So I'm willing to give back and teach others.

This is a no brainer for a novice investor, or the experienced investor. They can make money buying the great deals that I have found them.

If you are in the Portland Metro area and are interested in becoming an investor and would possibly like to take me up on my offer to go 50/50 with you on your first deal to get your toes wet in real estate investing, give me a call I will love to sit and talk to you.

Respect Realty LLC (Expect More)

 

At Respect Realty, LLC our agents believe in 100% dedication to client satisfaction.  We specialize in property and land acquisition around the Portland Metro and Vancouver, WA area. We delight in working with first time home buyers and sellers to guide them from start to finish. Our doors are always open and we are always happy to assist you with your real estate questions.

 

Reach out today, we look forward to talking with you!

 

Todd Clark and Seraina Aguayo (Owners of Respect Realty)

Respect Realty LLC (Expect More)

(503)564-3130

info@RespectRealtyNW.com

www.RespectRealtyNW.com

 

Thinking of buying? Start your home search by clicking here
Thinking of selling? Find how much your home is worth by clicking here

 

Don't forget to follow us on Social Media to keep up with the latest real estate information

Facebook

Twitter

Instagram

Pinterest

 

Comment balloon 10 commentsRespect Realty LLC • January 08 2008 12:39AM

Comments

Todd- You are right, there are so many wannabe investors. Oh, did they get a rude awakening when our market crashed and left them holding their flippers! Katerina
Posted by Katerina Gasset, Get It Done For Me Virtual Services (Get It Done For Me Virtual Services ) over 11 years ago
When I was a total newbie in real estate nearly 3 years ago, I had an "investor" I would show properties to, email listings, discuss listings.  He did write an offer on one property, it was countered, he countered back, it was accepted - he nearly died!  He pulled out of the deal on contractor's inspection and my broker told me to stop wasting time with him.  Contrast that to true investors of mine, bought a property very low, improved within budget and well, and bottom-lined a contract six weeks after listing - that is quick for Michigan in November!  If there were no offers or showings in a week or so, they dropped price.  They understand how to do it despite being new to it and I feed them because I love this part of the business. 
Posted by Susan Walters (Keller Williams Realty, Ann Arbor, MI) over 11 years ago

Todd, I haven't had any luck working with investorsl. It seems like most of the ones I run into are just pulling my chain. No real money and looking to really take advantage of sellers.

One of my friends works with them almost exclusively and loves it. I just need to find the right ones!

Posted by Linda Scanlan (A Fan of AR) over 11 years ago
This is a great idea!  I actually had a past client who wanted to buy an investment property; but was just a bit short on funds.  I should have gone in with him 50/50 - I am sure he would have jumped on that!
Posted by James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes, When Looking to Buy or Sell - Make the Right Move (Real Living | At Home) over 11 years ago

I started in RE in the very early 2000s at the start of the upswing.  I found it interesting (and a waste of time) when first time investors came "blindly" into our office.   At that time, in that area, you did not find investment deals within a real estate office - a least not with a realtor who didn't deal directly with investment properties.  I could never find properties where the "numbers" worked.  Again, in the market we were in and area, chances were if they hit the MLS they were no longer good properies for investors. I think it still holds true a bit. 

Posted by Judi Glamb, Associate Broker, ABR (Coldwell Banker Hearthside) over 11 years ago
I love the "Investor" as well...they have to be my favorite. I had a person call me up that was referred to me by a couple that actually are investors and own a good amount of properties. I love it because it was almost like they were interviewing me to see if they would work with me but at the same time I interview all of my clients. This so called "investor" did have a rental property so next I asked about their primary residence and it turned out that they were actually renting themselves...It made me scratch my head a little bit but ehhh...what do I know?
Posted by Rick Grand (nowhere) over 11 years ago
TODD, it seems that some folks want title recognition. Most aspiring investors have absolutely no idea that RE investments require a plan, a purpose, some knowledge, some elbow grease, some professional leadership, opportunity and some cash. Am I missing anything? As soon as I have my ducks in a row I am taking the plunge.
Posted by Dionne Morgan, Broker REALTOR ,GRI, e-PRO (Realty World Solano Realty) over 11 years ago

Katerina - If they would have someone on their side that cared more about them beyond that one deal a lot of these people wouldn't be in the trouble they are today.

Susan - Sounds like your broker gave you some solid advice and I'm glad you didn't act to proud and listened to him.

 

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) over 10 years ago

Linda - I think once you have met the right one, they will introduce you to their friends. It is like a domino effect.

James - You both would have won and you then would have had a future investment buyer for life!

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) over 10 years ago

Judi - Very true, that is why I have my investment club... The Empowered Investor, this group had investment trades. We would come across properties all the time, but we may not have the funds available to buy at that time, so we gave the deal to someone else.

Rick - If it was a possible cash flow thing, it could be all about the money. Some investors I know rent because they are nomadic by nature and don't want to pay the capital gains tax if they buy.

Dionne - The big one is certainly professional leadership, but you still have to have faith or you will never move and never become an investor.

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) over 10 years ago

This blog does not allow anonymous comments