All Forum Posts by: Emily Cressey

Quote from @Jave Blackburn:

Having been with Carrot and just starting to rank after working so hard, I was honestly reluctant to jump to Grumpy Hare. The idea of starting over, especially in a wide and competitive market like New York, was

terrifying. However, after hearing some great experiences about Grumpy Hare, I decided to transfer my website—but not my domain—as I was still tied to Carrot.On July 18th, I finally overcame that fear, and just two days later, leads started coming through. One seller put not just one, but two multi-family properties under contract/sale agreement with no EMD. Among the people I reached out to promote the properties was a lender/agent who tried to get in touch with the owner, offering a higher price. However, the owner rejected the offer, stating that she didn't want to pay any commission, closing fees, or deal with a realtor.

Grumpyhare has been a game changer for me. Thank you Jerryll Noorden you're #1 in this market period!

Jave - can you share a little bit about the switch-over process.  I have a huge carrot site and not much traffic.  Do you import your carrot pages or do you have to start from zero?

HI Bracken, 

I have a rental house in Ogden, and you're right the market has really been going up recently.

My goal on such homes has been to buy with 20-25% down and have the rent be able to cover my PITI & professional property management. I have to budget for other expenses (repairs, maintenance, etc.) out of pocket.

We are coming from Seattle which is a more expensive market and we have the cash to be able to do this, but I hear your pain - when you are starting out, that might not be a good idea.  Any property you get into, though, you should plan to have a good capital reserve account to address the problems that will inevitably come up.

If you're looking for properties that have stronger cashflow, I would look toward the South East of the USA.  I don't have time to do two years of research and get to know the market as well as I would if I were looking for deals in my own back yard.  I like to outsource that to a local expert.

I call/interview property mangement companies in a city that I like and ask them to refer me to a real estate broker who works with investors.  From there, I call the broker, tell him what I'm looking for.  Ask him my hard questions, and count on his expertise.   If you want to know who I work with in Ogden, let me know.

Nothing in life is a guarantee, but you can really throttle yourself if you try to do it all on your own.  The big boys play this as a team sport, so think about what you need to know, who you can get it from and then go find that person.

I started reading about investing in high school. I started going to weekend sales events/seminars and lurking on forums in college.  I bought my first investment as a lease/option the year after I graduated from college.  This was 20 years ago - 2003.  Grows from there, I was in North Carolina which was a low-priced market.  I was living in an apartment at the time.  I spent $6,000 on a training course to help me do it which seemed like a LOT at the time.  I was working a $10/hour job, but had some money left over from my college scholarship and my fiancee was paying for a lot of stuff (cost of living).  Don't over think it.  Take action, leave room for the mistakes that will inevitably happen.  You can do it!