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Millionaire Real Estate Agent

Private • 154 • Free

Real Estate Investment Club

Public • 37 • Free

5 contributions to Real Estate Investment Club
Deals And Drinks Recap - Biggest Mistakes Investors Make In Real Estate
Hello Everyone, for all those who attended last night, it was great to see and connect with you in the real world. I want to give a big shout out and thank you to @Emiel Barbosa for creating such a powerful community of likeminded investors and inviting me to be apart of it. For those of you who couldn’t make it, your presence was missed, but here is a recap of what I shared with the group: Recap: Biggest Mistakes Investors Make in Real Estate Hey team! Here’s a quick recap of what we discussed at the recent investor meetup on the biggest mistakes real estate investors make and how to avoid them. 1. Finding Deals We’ve all heard someone say, “There are no good deals out there,” or, “I’ll wait until after the election, after summer, or when I’m older.” But waiting is a huge mistake. Time is your most valuable resource—you’ll never get it back. 🫰🏾Just like that, it’s gone. Solution: Change your environment. Surround yourself with doers, not talkers. For years, I held myself back by staying around people who weren’t moving forward. Once I left, everything changed—I made more money and was much happier. It’s a lesson I won’t forget. The 73-Cent Strategy: I have garnered over $1M using direct mail for the cost of 73 cent stamp! I’ve done this by sending hand written envelopes to distressed owners with no return address. Sometimes, the smallest actions in the right environment can create the biggest results. 2. Believing No Money = No Deal This is a myth. I’ve done plenty of deals with no money down, and I recently helped 22-year-old Noah Jackson do the same. OPM (Other People’s Money) is real, and it’s one of the most powerful tools in real estate. Here’s a video to watch Noah’s story: How To Fix and Flip With No Money Down | 22 Year Old First Time Flipper Shares How https://youtu.be/dhV3kIcHNbk 3. Underestimating Budget & Overestimating ARV Many investors either underestimate their budget or overestimate the property’s ARV. Personally, I’ve learned to keep my optimism in check—my team constantly reminds me not to price flips like it’s still 1999! I shared a story about a friend who refinanced his family home for a flip, only to break even after 18 months. Lesson learned? Be realistic with your numbers.
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New comment 8d ago
Deals And Drinks Recap - Biggest Mistakes Investors Make In Real Estate
2 likes • 8d
Defintely huge shout out to @Robert Nichols for taking the time out of his night and going through traffic for the event! It was a great event and everyone left with some new information that they could use to improve their business. Happy to be a part of this community and excited to keep learning, connecting and growing with everyone!
Live Meetup Wednesday 11/13/24
Hello Family, On Wednesday November 13th I’ll be speaking at a live meetup hosted by @Emiel Barbosa in Brockton MA. We will be discussing how to find, fund and exit deals for a profit. We’ll also discuss the biggest mistakes made by investors and how to avoid them on the road to financial freedom. I’m looking forward to seeing you there. You can rsvp using the following calendar link. https://www.skool.com/reiclub/calendar
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New comment 11d ago
1 like • 11d
Super excited for the event tomorrow. You can also RSVP for free on eventbrite if you would like as well. LAST MINUTE VENUE CHANGE TO BROCKTON BEER CO - 121 Main St, Brockton, MA 02301
Raising Capital
How do you structure deals when raising capital for buy and holds?
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New comment 15d ago
1 like • 16d
@Robert Nichols Thanks for the detailed answer - that definitely helps!
New Free Course Just Released!
Hello Family, I just uploaded a new course in the classroom. It's your guide to automating your lead flow. Once you know how to find and close deals, it's important to learn how to automate the process so that you can scale your cashflow. Once you get to level 2, you'll be able to access this corse for free. Let me know if you have any questions. Here's the link to check it out: How To Automate your lead flow
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New comment 24d ago
1 like • 24d
thanks definitely checking it out!
What Are You Working On?
Welcome @Rudy Oneil and @Dawson Boston what deals are you guys currently working on? I think it’s good to talk about our wins and losses as we’re working on deals so that we can encourage each other, learn from each other and get support whenever we need it. I had a great week last week on the Deal sourcing side. I sourced a deal in Fall River and submitted an offer. The seller countered and I’ll be countering tomorrow. I believe we will come to an agreement in the next week or so and I will be submitting an application to develop 300+ units. This is my largest project to date and I’m super excited to share my progress with you guys as I move forward. They’ll also be opportunities for you guys to invest with me on this project and others. I also sourced a deal in Malden yesterday on a single family fix and flip where a partner and I should be able to get the house for $250,000. This one was on the probate list.
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New comment Oct 23
1 like • Oct 21
@Robert Nichols Glad to join the group! I am an agent and investor; I just put an offer on an mls property for a flip - also refinancing a property to pull some equity to buy another rental property
1 like • Oct 23
@Robert Nichols My offer did not get accepted; I came up a bit on my offer and they wanted me to go higher. Considering the market right now I want to be cautious and was not willing so I will continue to look for the next opportunity and not be attached to that deal
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Emiel Barbosa
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@emiel-barbosa-6426
📍Greater Boston 📚Excited to Learn & Grow

Active 17h ago
Joined Oct 21, 2024
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