Newbie stuck... Need help....

[Kenny Colato]

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 :)

[Paul Gimmarro]

Find an agent that works with investors and just explain to him that you are new to this. The agent will be glad to help you out and answer questions as you might buy with him/her in the future. The lenders will be happy to chat with you and walk you through their terms because that is money that they will be making. The more you talk to these people the easier it becomes. 

Do your future self a favor and stop holding yourself back! Good luck to you!