All Forum Posts by: Account Closed
Account Closed has started 12 posts and replied 157 times.
Post: How To Start Investing As a Woman
- Investor
- New York, NY
- Posts 169
- Votes 73
The way I approach success (or journey to success) is multi-fold, whether it pertains to RE, corporate world, home life, etc.
- Educate myself, make sure I know enough (will never know all) to be articulate and know what I am getting myself into.
- Recognize there is always some measure of risk and be ok with that (by making sure you are not risking EVERYTHING and then have a just-in-case plan)
- Know my own strengths and weaknesses
- Overcome weaknesses by putting myself in uncomfortable situations that force me to perform or sink. I might sink or bob up and down the first time, but I make sure I damn well swim the 2nd and 3rd times, etc.
Example - I don't like talking to people and don't like to negotiate (never have, never will), but I talk to brokers, sellers, contractors all the time and I negotiate. If you don't ask, you don't get. Even at work, I am now comfortable making presentations to the CEO and 25 other execs all together about the state of the business and forecast for the following year, what's good, what's not good, what we're doing about it. Did I at first hate doing it and get anxiety - yep. But I always make sure I am prepared with the correct data and strategies, then it's a matter of telling a story and reading the audience. I still don't like to do it, but I now know what would make those presentations a success by just doing it so many times. I ensure my prep is spot on.
Also, I used to sell vintage home decor and furniture (loved it!). I went to estate sales every single weekend and negotiated my butt off. Didn't like it, but the more I did it, the more comfortable I got and armed with product knowledge, I usually got what I wanted at the prices at I wanted. I pretended (in my own mind) to be an American Picker, until I actually felt like, thought like and acted like one.
- Be a problem solver, be the fixer. Recognize a problem, if there is one. Don't dwell on it. Plan the fix and move forward. Lay out the issue, lay out the solve and delegate the action items to your team- whether it's your RE team or corporate world team or family.
- Even though I feel like yelling and punching some folks at times, I know sweet is better than sour.
- Bottom line - as I approach 40, I deal with life and obstacles as if I have no time for BS (I don't). Basically, I'm a grown-a$$ woman and I will take care of business. Sometimes it's all fun and games, but the real growth comes when you keep at it even though it's uncomfortable and so not fun. It's just like endurance running and other sports - there is no growth in the comfort zone, push past it and that's where the real magic happens. Runners approaching the 20th mile in the summer heat will know exactly what I'm talking about.
Post: Looking for a good Property Management Company in Raleigh NC
- Investor
- New York, NY
- Posts 169
- Votes 73
might be able to help you.
Post: Buying Materials for Rehab
- Investor
- New York, NY
- Posts 169
- Votes 73
you might want to try Build It Green. They're in Astoria.
Post: My First Flip: Before & After
- Investor
- New York, NY
- Posts 169
- Votes 73
Night and day!
Congratulations - great job!
Post: Bought my first Property! A Duplex in North Raleigh
- Investor
- New York, NY
- Posts 169
- Votes 73
Congratulations! I know how competitive that market is and the duplexes in good areas are gone in 2 days.
You'll do great with this one - keep us posted on the progress!
Post: How do I go about finding a handy man?
- Investor
- New York, NY
- Posts 169
- Votes 73
Try Angie's List.
Post: Buying First Rental Property
- Investor
- New York, NY
- Posts 169
- Votes 73
James or Troy at Delta Residential.
I've used them the last two times and they have been great. I walked with Troy the last time and he was so informative, answered all my questions, and made a lot of recommendations.
Congratulations on your purchase and best of luck!
Post: Doors and Trim--Update or Not?
- Investor
- New York, NY
- Posts 169
- Votes 73
if the property is MCM, then it makes sense to have the flat panel doors and keep them.
If not MCM, and you dislike the flat panel, then replace them with whatever solid doors you prefer.
Funny coincidence, I was quite disturbed when a flip property popped up on the MLS yesterday or two days ago (spent half an hour complaining to my husband). An MCM property was flipped using all new traditional finishes and it just does not jive. Matter of fact, it was really jarring to me. The worst part was, the listing pointed out the original architect (who was MCM famous), but the rehabbed interior now looks just like any other traditional with no nod to the architecture at all. To me, that was a waste of great architecture. If an MCM enthusiast buys that one, they would need to re-do it entirely.
Post: The Perfect Wholesale List
- Investor
- New York, NY
- Posts 169
- Votes 73
I have my broker/PM - she's awesome. She's also an investor, but in a whole other stratosphere, so we are not competitors. I have an attorney who is great and currently working with a contracting team that seems to be on top of things (so far, so good) on our 1st flip in Raleigh.
You're right, there are a ton of Yankees that end up in the Triangle area and we all somehow show up in Cary, one way or another.
I am on your list (signed up on your site) :)
Post: The Perfect Wholesale List
- Investor
- New York, NY
- Posts 169
- Votes 73
Oh, and @Justin Hackney -
I see that you are keeping active here on BP - that's awesome!
Keep at it and best of luck with your growing business!