OfflineHow's it going out there real estate investors and future real estate investor? I have a question for ya'll folks(yes i am from Texas) i have completed my real estate market chart and in my area(arlington, Texas) it looks to be just starting on the up swing while i have the national factors on the down side. My question to you the reader is can we compare notes as I am 20 years old and have not uptained as much knowledge as my advanced counter partners(you the reader and my mother). I have ventured out and seeked edvice from my mother and emailed realtors to see how houses in my area are selling. I emialed them first since it was a simple question. If they respond with a number to call then i know that we have something going here and can use them in the future(in theory). I have done my home work so i dont want you to think that i am looking for a easy way out by asking for yor answers. I just want to compare and see if i am on the right path to success. Thank you for your time and effort to read my long passage. singed: a kid with alot on his mind.
knowing your real estate market.
Posted on: Sun, 06/01/2008 - 18:45
Wow, I'm impressed... I wish my 20 year old daughter would take my advice and pursue investing, but she insists it's too complicated! I'm in El Paso visiting her now... I don't know how far we are from Arlington but there doesn't seem to be much to do here... LOL!
Anyway, my advice to you is to talk to the locals. Nobody knows the trends better than the people who live and work there. National statistics are too general, stick with the experts in your area for the most accurate information. Keep up the good work and best of luck to you!
Psalms 118:23 "This is the LORD's doing; it is marvellous in our eyes."
I read your post and congrats on taking on this new challenge. I would gain knowledge of the local market by actually finding an agent, going into the office and sitting down with them and asking a ton a questions. Even if you do not use them for your team, gain as much useful info about your area as possible.
Also find a neighborhood/area you are interested in and go talk to the neighbors. Talk to the people that live and work there and by all means ask them about potential available real estate.
Good luck
Anita
"Just Do It!"
read the real estate section of you local paper. Take of of the selling prices in certain areas/neighborhoods and read the articles for current market info related to where you live.
Anita
"Just Do It!"
Thanks for the info it really will help assist me i know it will. I just got done reading part 2 and man WOW. I was already highly motovadited but this chapter help me with situation that was out of my control but i always reationalize and think before i act(unless my highly trusted human instinct take over)and the book really aided me and making the right decssion. It will be hard but i have to be the postitve and offer my shoulder when needed. I will definitely re-read this chapter upon finishing the book because its soooo true.
Tell your daughter to never limit herself. Have her read Be a Real Estate Millionaire. Not only is a great book but it changed my thinking. It opened me up to new possibilities and it gave me a new outlook on life. You can use the lessons he teaches , especially in Part II, to anything you do in life. I am only 18 and I am already starting in my real estate investing career. I am starting by assigning contracts and collecting finder's fees. I will later buy my own properties. You just have to separate yourself from the crowd and take action.
I have three daughters and I've taken them with me when I cruise neighborhoods, I've taken them to see houses I viewed and to closings, I've given them books to read, courses I've bought and tried everything to get them interested in investing. My oldest got married a year ago and I tried to talk her into investing in their starter home so when they move they'll have another nest egg, but they got an apartment instead, she said real estate is too complicated right now. So I'm not going to force it down their throats, I figure when they're ready they'll come to me. But it would be nice if they encouraged me like Anita's son does. I've always taught my daughters that they can do ANYTHING in life if they believe and don't give up their dreams. My encouragement comes from all the people on this site and from within. I know I can do it, I've already proven that to myself, it's just a little harder road when you're going it alone like some of the other ladies I've seen on the sight. A little support goes a long way... I really appreciate your words of encouragement, you will succeed in anything you do with your mindset. I think it's great that you have a good head on your shoulders at only 18 years of age!
Best of luck to you,
Elena
Psalms 118:23 "This is the LORD's doing; it is marvellous in our eyes."
Hey Elena you can adopt me as 4th daughter I have no femily here. And when I talk to my mom in Germany she laughs at me.
How sweet!! I'd be more than happy to adopt you! Feel free to talk to me or ask me anything, anytime, I promise NOT to laugh! I was laughed at too, but they ALL stopped laughing when they saw that I did it, and they said "I knew you could do it!" Then I was the one laughing, all the way to the bank... LOL!
Give yourself a big hug from me,
Momma E
Psalms 118:23 "This is the LORD's doing; it is marvellous in our eyes."
Thank you Elena. I will do all that really appreciate you and all.
No thanks necessary! We're here for you 24/7!!
Psalms 118:23 "This is the LORD's doing; it is marvellous in our eyes."
I like that!
Lilie, you found someone very good to take you under her wing.
Remember, we are all here for each other. I love it!!
Rina
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
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"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
Hey,
As a computer lab assistant at a High School, I've adopted @ least 5 teenagers, so what's another addition to the family? But Rina's right we're ALL here for you Lilie!!
Elena
Psalms 118:23 "This is the LORD's doing; it is marvellous in our eyes."
Thanks you all.