All Forum Posts by: J H

thanks J - great advice

hi charles - yes

I would begin marketing as soon as I purchase. I can get the fix done within 4 weeks (on the particular property im thinking of).

With the market the way it is ... and me somewhat of a pessimist - I don't expect it to sell itself. I'd much rather prepare for the possibility that it "could" sit for awhile. So I would like to get a head start on marketing this

and that's not what i was saying, was it??

you'll never know *everything* you need to know. Sooner or later, got act

But yes, do so with some education. Of course you wouldn't take a bar exam without studying

But spending 10 years to prepare for it is a little counterproductive

good quote .... actually makes me stop and think

well, wise one ... so how do you get organized

it's not a born talent ...

maybe im overthinking everything ...

and if someone's that weak-mineded to let someone else(let alone on the internet) discourage them with mere words - don't you think they should keep their day job???

just a thought ...

well put - i agree

thats it Mike - and i fully agree

it's just i step out of the house .... and kinda don't know where to go, lol

for one dude, this is an internet forum.... nobody here is getting PAID to offer any of their HARD EARNED experience and advice.

Also, it is the internet - remember that. Buyer [of advice] Beware.

Further, nobody has any kind of obligation & warranty on their advice and answers.

And - it's a lot better to get your ideas & goals shot down on a forum than it is in the Real World ... where things count.

Good luck & hope things work out for you

2Much

I think my biggest problem is organization. This results in a lack of focus and very poorly executed decisions.

Any tips that you gurus have about how a REI'er should get themselves organized?

What type of knowledge should a newbie possess. With the complexity of it all - I do not want to be like some people - analyzing for 10 years and not being active

I guess it's the starting point .... I'm just having trouble finding one. I'll start trying to pick out properties - and before I'm even done looking at an MLS sheet - i'm thinking about Capital Gains taxes ... or about renters ... etc

So ... any help is appreciated

Again, without writing a novel explaining the details and reasoning behind this (should be obvious to the experts anyways) - I want to locate properties owned by distressed sellers.

Maybe they're not even selling either - they may just be in a bind (i.e. lost a job, getting divorced ... can't pay local taxes, whatever)

Where's a good place to start when looking for distressed sellers???