Here is a PM I received that I wanted to make note of. I believe we can all learn from this:
I need help getting started. I have several challenges I'm having difficulty solving. Will you help?
First is no money. I mean none. My husband is a commercial fisherman currently scalloping in MD right now (we're in CT) to scrape together LAST months' mort. payment. Talking of cashing in our daughters' (we have 3) savings bond to make this month;s pymt.
SECOND, I'm hearing impaired. I'm finding it difficult to set up deals. People around here dont want to commuicate via email. They want to talk on the phone which really difficult for me. Face to Face is better but that leads to challenge
THREE My girls, they are 7, 4, 2. Not professional to bring them, even 1, to look at houses. It's bad enough I have to drive a minivan. Getting a sitter is getting expensive, espcialy for deals that arent' working out.
FOUR southeastern CT market is HARD! There's no middle ground here. Houses are either not selling or selling for 95% or more of asking price. I've spoken to 5 agents and they all say the same. I live by 2 major casinos..Foxwoods and Mohegan sun, close to Pfizers, and EB (submarine maker) They all have a hiring freeze going on.
WHAT CAN I DO to succeed at this? Will you help me please?
If you've read this far...thank you. I hope you respond, in any way.
1) Money is not an issue. “Empty pockets never held anyone back. Only empty heads and empty hearts can do that”. There is a lot of learning that can be done. Real estate can be done without money. The question is how? You will find in a myriad of posts on this site how to do this business.
2) I know there are a lot of hearing impaired services that are free or low costs that you can use. What I would suggest would be a Realtor that understands investing and also understands that there is a need to communicate through email or instant message. I have a Realtor that wants to use email and instant message mainly – I just hate email. I know there are Realtors that can work with you.
3) My kids have gone to properties with me. I say why not? No one seems to say anything to me. If the property cannot stand up to my kids beating I probably should not buy it.
4) Many can say that their markets are hard and maybe yours is hard BUT there are people doing real estate investing all over the country, in every area. The questions would be: How are they doing it? I would suggest not so much worrying about the market, understand it – yes, but not worry about it. Then, start making offers, a lot of offers – with contingencies of course.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125