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Updated over 2 years ago,
Newbie stuck... Need help....
Hey guys, I wanted to share a bit of my story since I know I am not the only one who is in the same situation I'm in. I'm an out of state investor who's been doing deep research in the Chattanooga market, and I find myself stuck. I keep analyzing deals, and seeing that some deals can cash flow over $200 after using the BRRRR method.
Here's where I'm stuck: I have some sort of paranoia of talking to people and asking them to give me answers without me providing any value to them. I do not like to waste people's time, so I get scared to ask people questions. I am sort of nervous talking to a property manager and asking what this will rent for, and what this won't rent for. I'm afraid of telling people to do stuff for me.
Another thing I am stuck on is finding financing for 'good' deals. I have no idea how to get quotes from hard money lenders, and that's only because I haven't called any and asked for their terms when getting a loan with them. I believe I lack communication skills through the phone. It sounds pathetic, but I am getting started and I feel as if I need a confidence boost to get on the phone and get out of my comfort zone.
Any feedback would be amazing, and I am open to a lot of suggestions.
Thank you guys :)