Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
11y
It takes money to make money in this industry. I would first look for more W2 income. 2nd or 3rd job perhaps.
Set yourself up for success. Get yourself situated. 1st with a car. 2nd with enough money to invest in some info structure for your business. Without being able to properly compete against your compitition you will be spinning your wheels.
Investor · Narragansett, RI · Member since 2013 · 8k+ posts · 4k+ votes
11y
Are you too young to rent a car or do you just not have a license? If renting a car to view a property is too much cost then you either need to look closer to home or home or wait. The total bill for a one day rental from a traditional car company should not break the bank. Maybe mass transit plus a cab?
Things will pop up and you are going to need transport on short notice some times so get a plan that can easily implement each time you want to look at a property.
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
11y
It takes money to make money in this industry. I would first look for more W2 income. 2nd or 3rd job perhaps.
Set yourself up for success. Get yourself situated. 1st with a car. 2nd with enough money to invest in some info structure for your business. Without being able to properly compete against your compitition you will be spinning your wheels.
San Antonio, TX · Member since 2015 · 37 posts · 6 votes
11y
I see what you did there, James.
Rahdia,
You would go about finding a ride as usual. Family, friends , Co worker etc. If they cant help, pay for a shuttle. Is there more to this question that I'm not seeing?
Herndon, VA · Member since 2014 · 1k+ posts · 324 votes
11y
You might want to focus on properties that are accessible via public transportation. They tend to be expensive, but are desirable as rentals and generally appreciate well.
Wholesaler · Gaithersburg, MD · Member since 2014 · 45 posts · 11 votes
11y
Yes, I'm going to ask a friend (just wondering if JV would be beneficial as well).. I have my license but for a day it will accumulate to about $80 (done before). Seeking other options now but I live in an area where the market isn't well. So I tend to look in DC or Baltimore. But yes asking a friend will be ideal.
@Kathryn Marchetti Yes, I look at Google Street View for all properties, but definitely prefer to look at a property physically.
Wholesaler · Gaithersburg, MD · Member since 2014 · 45 posts · 11 votes
11y
@James Wise I'm currently looking for a second job (now that I have free time) but I don't want to limit myself because I don't have a car. I feel that I am too far into learning the business, I'm too motivated to stop now.
Property Manager · Indianapolis, IN · Member since 2010 · 1k+ posts · 1k+ votes
11y
Just buy a $500 piece of trash car to get around. Not sure how you could to this without having a car. Although, you might have emission problems if your state checks that. Good luck! I second James advice on upping your income.
Developer · . · Member since 2014 · 520 posts · 162 votes
11y
Hi @Rahdia Green . The craigslist idea suggested by @Travis Boyer is a good one. If the property is in DC I could possibly help. I think I my try craigslist for BMore.
Nottingham, MD · Member since 2014 · 109 posts · 37 votes
11y
@Josh C. its great to want to get things started and get out there to make deals but if you cannot drive out to see a property now, how will you be able to when a seller says the only time they are available is tonight at 6? Like others have said keep learning and doing but get the basic infrastructure in place first.
Investor · Hagerstown, MD · Member since 2014 · 299 posts · 140 votes
11y
@Rahdia Green I'm in Hagerstown. I could at least let you know what kind of area the property is in. I was born and raised in Hagerstown, so I have a pretty good feel for it. If you'd prefer to have eyes on the property, I could recommend a local real estate agent that could take an initial look at the place for you. I'm sure he would also be willing take pics and report back.
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
11y
Yes a JV can be a good option. I do a lot of partnering and JVs. However I haven't yet found someone that will follow up effectively on the leads I get.
Investor · Jacksonville, FL · Member since 2014 · 172 posts · 73 votes
11y
others have eluded, ill just say it. To be involved w real estate, you need reliable transportation. To steal a quote from a recent podcast involving this very subject," it's like a plumber not owning a pipe wrench".
I would recommend putting your real estate goals in front of the line for priorities- work backwards. You know you'll need a car for this career. So what do you NEED to do now to accomplish that goal. You need a reliable car to succeed in this industry. Be creative. Get a car.
Investor · Fayetteville, NC · Member since 2014 · 916 posts · 190 votes
11y
There a lot of negative comments up here. If she doesn't have a car, I'm pretty sure she knows she should try to get one. Offer her a possible resolution instead of beating a dead horse.
Everybody is like get another job and get a car, you should get a car, maybe you should save and buy a car, I don't know how you can live without a car... :-/ That's not helping at all smh.
@Rahdia Green doing a JV would be a good route you can go but the downside is finding someone interested in doing in due time. They might be in that particular area and you can just have the contact information for the property. Cover yourself in the JV contract and the Purchase Agreement, things will be fine. Paying for a ride via cab or rental might be a little expensive especially if you don't know how promising the deal is. I'm sure a friend will take $20 and some good conversation. If you have any further questions, I'm here to help.
Wholesaler · Gaithersburg, MD · Member since 2014 · 45 posts · 11 votes
11y
Though I know I'd need a car to do practically anything these days.. Where I live to get decent amount of money, I even need a car to work. I figured to go a different route to purchase a car ie: Real Estate. This day and age there are a lot of resources out there that will make it POSSIBLE to close a deal not having a car; brings it back to asking if there are any other options anyone could come up with.. Right now it looks like Real Estate is my vehicle to obtaining a vehicle (haha) which I will make happen either way. I do take the advice of having a job (well second job, as I am currently employed) that will provide me with extra income, but it is very possible to do a deal or two without a car and I'll just have to prove it. Thanks @Chaz Reid@Ned Carey@Aaron Thivierge and @Keith Belzner
Yes a JV can be a good option. I do a lot of partnering and JVs. However I haven't yet found someone that will follow up effectively on the leads I get.
Is that all you're looking for?!?! Man I been here the whole time :)