All Forum Posts by: Account Closed
Account Closed has started 0 posts and replied 42 times.
Post: Syndication deals gone sour and the GP is now radio silent! What can I do?
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Thanks for letting me know never to invest in something like this. Too over my head. Thank you for sharing your story @Giles D. I am very sad to hear about this, very sad. As a new investor I feel very scared about other people claiming to be experts or "have my best interest". I only hope something good comes to you in the future to heal this horrible experience.
Post: House hacking as a newbie
- New to Real Estate
- Texas
- Posts 44
- Votes 26
I know someone who did that for almost 10 years to keep her large home afloat and it really worked out well for her. Of course she loved socializing with her tenants, so that is a huge factor. You have to get along with whomever you choose to share your space with and trust them.
Post: Client's First Fix and Flip Near Downtown San Antonio
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Exciting!
Post: Fix/Flip Property SATX
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Fantastic!!!! I love hearing about this! Keep sharing your success, please!
Post: 5 Ways To Find Investor-Friendly Agents When You Are a Brand New Investor
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Sound advice to us floundering newbies! Love it. I will do my best to be better. Thank you again. I am soaking it up. Appreciate your time.
Post: Jumping head in first!
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Exciting! Can't wait to hear about your success.
Post: Hi! My name is Daniela
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Fantastic! Very inspiring.
Post: What I would do if I were to start investing today (especially, in today's market)
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Thank you so much for your origin story. It is helpful to know that those growing pains and close calls/huge frustrations can still amount to gold. Very inspiring!
Post: Getting Ready to Start Getting Ready
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Quote from @Jonathan Greene:
Quote from @Account Closed:
Quote from @Jonathan Greene:
These are all awesome. If I had to boil all these down to one issue, I would say it's self-awareness. These people are all trying to be someone they are not, someone they can't be, or are too lazy to become that person.
There's a reason every new investor says they are stuck in analysis paralysis. It's because they are building "teams", spending too much time "evaluating" deals online without ever seeing one in person, trying to use other people's money with no collateral, and vetting systems that they have nothing to put into.
So well-put, Jonathan. Thank you for that. I'm facing that down, myself, realizing I have to actually take action, and that's terrifying!
My best advice is to know that taking action is building momentum, not buying. You don't have to buy to move forward, but you have to take the real steps to buy, like seeing properties in person, getting your finances ready, and locking in on an agent (the rest can all wait). Going to real estate investor meetups is usually the thing that springboards new investors to purchase because they get offline and realize all the people at the meetup are just like them and doing deals.
Wow, thank you so much for that encouragement! So good to know that it doesn't have to happen this second, but taking real steps counts, and that there are real people in the same boat, or at least, taking the steps like I am. I love the vision of building momentum, and when the time is right, I'll see it. And I am resolved to put myself out there, too. Thank you, again!
Post: Getting Ready to Start Getting Ready
- New to Real Estate
- Texas
- Posts 44
- Votes 26
Quote from @Jonathan Greene:
These are all awesome. If I had to boil all these down to one issue, I would say it's self-awareness. These people are all trying to be someone they are not, someone they can't be, or are too lazy to become that person.
There's a reason every new investor says they are stuck in analysis paralysis. It's because they are building "teams", spending too much time "evaluating" deals online without ever seeing one in person, trying to use other people's money with no collateral, and vetting systems that they have nothing to put into.
So well-put, Jonathan. Thank you for that. I'm facing that down, myself, realizing I have to actually take action, and that's terrifying!