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Our Members Are Willing To Help You Get Started In Real Estate! #shorts

5 Nov 2024 · 1 min

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0:47

In this short, the speaker recounts how his first real‑estate purchase was made possible by the collective effort of his community members. He explains that, despite having no prior deals and feeling hesitant, he was transparent with the group about his inexperience. Several members proposed pooling their money to fund a property together. The speaker initially resisted, inventing excuses, and even consulted a lawyer fearing the deal would be legally impossible due to extensive paperwork. The lawyer, however, confirmed that the transaction could proceed, warning only that it would involve a lot of documentation. The narrative highlights the supportive role of the membership, the legal feasibility of member‑funded deals, and the speaker’s journey from doubt to action.

Chapters

My first property actually was a group of members. So at this point, our membership was growing and I was completely honest with everyone. Like, listen, I have not done a deal yet, thinking that people would be like, no. They're like, okay, you seem to be smart. Well, come on, we'll figure it out with you. So a couple of members kept saying, let's pull our money together and do a deal. And I really did not want to do it. I kept coming up with a bunch of excuses to the point where we hired a lawyer and I thought the lawyer was going to come in and be like, nah, y'all can't do it. It's too much legal tape. Y'all can't do it. So I literally brought the lawyer in and she was like, yeah, you can do it. It's going to be, you know, it's going to be crazy. It's going to be a lot of paperwork.