Umm, yeah...

This has me scratching my head. I am part of a real estate investing group that consists of somewhere around 3,000 "investors". I use this term loosely because there does not seem to be much activity going on with these people. I (and a couple other investor buddies) have suspected as much, but now it seems to be pretty clear.

As a benefit of being a part of this group, when we have a deal to market, they will send out an email to everyone. So, the property that I mentioned in an earlier post (great investor location, good price, low amount of rehab, etc.) has hardly even been sniffed by this group. Because I had my doubts about how many of these people are active investors, I created a BudURL for my property page and had it put in the email this way I could track the hits just from this group.

Maybe I am expecting too much, but from a list of 3,000 investors there have been about 125 hits...4%. This seems rather low considering this group paid anywhere from $5,000 to $7,500 to attend the classes and become a member of this group.

At the end of the day, while I am not looking to hold anything right now, closing on this myself is not the worst outcome. I should be able to cash out about $10k and clear $150-$200/month, I would just rather have a fast payday...give me nickels now and I will work on collecting dimes later.

Have a Great 4th of July!