Properties on the market seems like forever.....and other ?s

Properties on the market seems like forever.....and other ?s

Member since 2008 · 3 posts · 0 votes

1.well... in my neighborhood i have seen houses stay on the market for 3-6 months. one has been for sale for about a year. it seems like the market here in NC is sllllloooowwww.
is there anyway that i could help them out?

2. how can i get started with bad/no credit? (i married my hubby who has bad credit and i had no credit) with little money and bad/no credit... is there any hope for me to get started.

3. is there anyone eles here that is from NC?

thanks
casandra

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  • Residential Real Estate Agent · Moriches, NY · Member since 2008 · 635 posts · 9 votes
    19y

    cassy,

    what part of NC are you?

    with bad/no credit - you can still do whatever you want. you just will have a hard time borrowing money from banks and such.

    you'll need to start from the ground up. what is your background in?

    what are your financial goals?

    what is your current financial status?

  • Member since 2008 · 3 posts · 0 votes
    19y

    i live in person county just north of durham. as far as what field... i havent even gotten my feet wet yet. i see all these little boxes sitting around with all the book/catalogs in them. such as the real estate book and homes and land. i get a new one every month. i am looking into the feild. im college i did take a small business class. but my major was unrelated to real estate. so i guess i am looking to start at the ground and work up.

  • Residential Real Estate Agent · Moriches, NY · Member since 2008 · 635 posts · 9 votes
    19y

    what do you want to do?

    i assume you're interested in rei. but what do you want to do?

    do you want to be a realtor? a realtor/investor? a mortgage broker?

    an appraiser, inspector? a developer?

    you want to buy houses and sell them for a profit? rent them out?

    with good or bad credit, you can start taking real estate courses to get your realtors license. if the area is sslloooowwww, can you move?

    are the housing prices depressed there. are there any plans for the area? any changes coming down the road that may suggest growth in the near future?

    i've had a few people tell me that the Raleigh-Durham area is getting hotter. i know a few people who are buying down there. i have not looked in that particular part of NC.

    the questions above need answering. you have to really think about what you want to do. write things down and practice changing the way you think. spending a few hours on a rei website will do little toward improving your goal achievement position.

    this rei stuff is like an awakening for alot of people...it may even last for 3 or 5 months...but if you don't commit to it and either buddy with someone who's done it, or push yourself to do it, you're interest will drop off and you'll end up just not doing anything.

    if you want to change your life, half measures won't cut it.

  • Member since 2008 · 21 posts · 0 votes
    19y

    Hello,

    I'm also very new to REI and in North Carolina. I live in Eastern NC and real estate prices have been going up considerably here. If your interested in getting involved in REI possibly as a rehabber I would seriously recommend you pick up a book titled, "Buy It, Fix It, Sell It: Profit!", by Kevin Myers (2nd edition). It should run about $20 bucks from your local bookstore. Or you can snag it from amazon.com for probably a little less. It is a cheap and very helpful way to jump start your REI education. You won't be disappointed. Good luck.

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