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Forums » New Member Introductions » Hello from NC

Hello from NC Subscribe to Hello from NC

8 posts by 5 users

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Jeremy Teal

· Havelock, NC


Forum_avatar_avatar-jlteal

Icon_minipost Sep 08 '08, 10:53 AM

Hello, Im a "new investor" meaning i havent done any deals before but as soon as i get out of the sand box im going to make my first move. I have been reading and learning now for much of 5 months and think im ready to jump in!

Jere

Edited: 06/26/2010 at 05:52AM


Jason Hanson

Real Estate Coach · Oakton, Virginia


Forum_avatar_avatar-primo_coach

Icon_minipost Sep 09 '08, 04:43 AM

Jeremy,

Do you know what type of investing you want to do? Wholesaling, lease options, etc?

Edited: 06/26/2010 at 05:52AM


Dick Green

Residential Real Estate Broker · Conroe, Texas


Forum_avatar_avatar-dcg123

Icon_minipost Sep 09 '08, 08:57 AM

Hi Jeremy,

Glad you're here. So you've started to outgrow the sand box....lol. This site will help you thru your transition. Looking forward to chatting with you.

Edited: 06/26/2010 at 05:53AM


John Quebedeaux

Real Estate Investor · California


Forum_avatar_avatar-johnnyq214

Icon_minipost Sep 09 '08, 11:47 AM

Actions speaks louder than words. That is good you are committed. Now you need to take action. What are your goals? What about a game plan? What investment vehicle are you gear towards?

Edited: 06/26/2010 at 05:53AM


Jeremy Teal

· Havelock, NC


Forum_avatar_avatar-jlteal

Icon_minipost Sep 10 '08, 12:25 PM

Thanks for all the replies...

I should be home before the end of the month from Iraq and my lease is over in December. That gives me 2 whole months to find my first deal because i plan on living in my first investment until I come back out here again 8-12 months after i get back. Im trying to think about my first move right now... more than the bigger picture. I really cant help from wanting to dabble in a little in wholesales though. I have been investigating about 25 possible properties, half of those are REO's. From my computer in Iraq iv been looking through tax records and getting as many comps together as i can. My plan is when i get back to submit really low ball offers on all of those properties and hopefully at least one will counter and we'll play from there. But if not i will do a little marketing, (Bandit signs, run an ad in the newspapers for a couple of weeks, and maybe even through mail) I haven't really decided on exactly how to do my marketing yet.

I have found quite a few investors in my area...7 small real estate companies through tax records alone! Just off of houses that i was looking at and decided to do a little more research. Iv looked all those people up and have numbers and emails for all of them. Maybe that will help me with my wholesaling if i do any of that.

Also another big priority for me is to set up my "team" I know of a few real estate attorneys, i need to look up and find a good title company that deals with investors, and i still need to find, contact and set up relations with inspectors, a good realtor, and some kind of financing.

If there is anything left that maybe i have left out...mind throwing some ideas out there?

Thanks in advance.

Jere

Edited: 06/26/2010 at 05:53AM


Kevin O'Brien

Property Manager · Corolla, North Carolina


Forum_avatar_avatar-outerbanks

Icon_minipost Sep 10 '08, 08:00 PM

Hey Jeremy,

Fellow newbie from NC here also. Good luck with your investing plans

Edited: 06/26/2010 at 05:53AM


Dick Green

Residential Real Estate Broker · Conroe, Texas


Forum_avatar_avatar-dcg123

Icon_minipost Sep 10 '08, 09:35 PM

Hey Jere,

What you been doing in Iraq?

Edited: 06/26/2010 at 05:53AM


Jeremy Teal

· Havelock, NC


Forum_avatar_avatar-jlteal

Icon_minipost Sep 11 '08, 11:48 AM

Im an Communication, Navigation, and Radar Tech on the EA-6B prowler. Basicly a whole lot of nothin Dick. ;)

Edited: 06/26/2010 at 05:54AM


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