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Updated over 5 years ago on . Most recent reply
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I am a newbie in Raleigh
Hi my name is Raheem, I am a new investor looking to acquire properties in the Raleigh and northeastern area of North Carolina. My currently work as a Service Manager in the HVAC industry. However, I am interested in developing a real estate portfolio and doing that full time. I am open to network with other individuals who are like minded.
Most Popular Reply
@Raheem Jenkins good plan! There is never bad time to start real estate investing.. There are just easier times and there are harder times. Right now, we are in the "harder" stage. Prices are high, interest keeps rising and there is more competition as well.
Don't get discouraged when it not all goes by the plan just stay focused on your goals and make it happen! It's a long journey but totally worth it!
I'm in Raleigh (North Raleigh) so happy to connect and share some lessens etc.
Probably the most common issues i see with new investors is
1. Not having enough money to start.
2. Being unrealistic with prices.
The first item #1 is tricky since everyone says you can start with no money down etc. That is true but that does not happen for everyone.
#2 is why i see most new investor give up. They wont adjust their strategies to fit the market. They are using information / strategies there are several years old and just no longer work..
So go after your goals and make it happen! You don't have to figure out everything at the beginning, just one step at the time!
Good luck to you!