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  • Entrepreneurs

    Starting off as a property sourcer

    Hi All,

    I’m really interested in becoming a property investor to grow a portfolio and create long term wealth, I have been focusing on building my education over the last 6 months and have really caught the property bug, in order for me to gain capital to invest I’m looking at starting my own property sourcing company, I feel I have the confidence to chase these deals but I want to know if it’s the right area to get into, building a list of investors is something I plan on doing very soon by attending local property meet ups in my local area of north east Essex.

    I’m currently a store manager in retail but my role is rather flexible for start times and finish times and also what days I have off (perks of being the boss) haha.

    I really would love to speak to anyone who has started a buisness in this area and find out about their journey.

    Any advice is greatly appreciated and thank you for taking your time to read my post.

    Thanks

    Dave

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    Hi Dave.

    When the bug bites it doesn't let go.

    (*Moderator note:  Rest of comment removed as not in line with our community standards*).

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    ``I have the confidence to chase these deals``

    I like people with confidence . Entrepreneurs need bundles of it

    I built my own portfolio

    Then and only then did I feel I had the confidence and expertise  to provide a sourcing service for others

    I did that successfully for a number of clients - easing off in 2015

    In the 6 months you have been educating yourself where does your confidence emanate from

    What does the template of your new venture look like

    I feel though a learner driver has to take lessons then pass their  test,

    Then get maybe 25000 miles under their belt before they even consider becoming a driving instructor themselves

    So sorry to be a kill joy but.....

    The test I feel  for you is to build your own portfolio first as then you will have a skill that others will pay you for

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    Jonathan Clarke. http://www.buytoletmk.com

    Them that can do just get on and do it

    others that can’t do just teach

    to be taken seriously you need to show you personally have a track record of success

    Otherwise you have no credibility


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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Hi Dave and welcome,

    This is a forum where people discuss openly a particular topic and, for community safeguarding reasons and the benefit of everyone who visits this site, we prefer that these discussion are held in the open rather than taken into a one to one private messaging environment.

    As you might imagine, you are not the first person to want to become a property sourcer.

    These threads may be of interest to you:

    FREE deal sourcing course 

    So I thought I'd be property broker / sourcer 

    Starting as a property sourcer

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    If Dave 1993 introduces me to what I consider a good deal then I would very happy to pay him an introducers fee (on exchange of contracts of course).How he is going to source the deals is a different matter

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