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All Forum Posts by: Ned Carey

Ned Carey has started 42 posts and replied 15439 times.

Post: Not new but returning member

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

Welcome back @Sabrina Shaulis

One of my beliefs is knowing your market very well helps build the confidence to act. Look at Lots of properties to learn your market. By that I mean listed properties, for sale by owner, open houses, wholesalers deals, and any other investors deals that they will show you. When you know your market extremely well. It becomes clear which are the really good deals. 

Good luck

Post: I want to learn how to invest in real real estate.

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

@Patrick G. Welcome to BP.


there are plenty of people here willing and able to help you learn. Good luck.

Post: New Real Estate Investor

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

@Eric Formiller Welcome to BP.

I love what @Michael Quarles Said “You don’t know what you don’t know yet” don’t be in a hurry to do a deal. Make sure you do a deal that makes sense. 
by the way Michael is a good person to follow here about marketing. He has shared a lot of good information. 

Post: Long Time Lurker

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

@Dillon Seal Welcome to BP. We’re glad to have you. 

Post: How to Handle Earnest Money Deposit (EMD) When You Don’t Have Immediate Funds

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

@Patrick Roberts I think there is some strategy to this. If you notice these you can report them by clicking the three dots at the bottom of a post  
“ . . .”

Post: New real estate Investor

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

@Shaheen Ahmed Welcome to BP. There are lots of people here to help you get started. 

Post: How to Handle Earnest Money Deposit (EMD) When You Don’t Have Immediate Funds

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705
Quote from @Michael Quarles:
hundreds of deals I’ve done rarely do I put money in escrow until I’m set to close.  A deposit can be a promise.  

 Michael,

Understood and agree. I wanted to keep my post short so didn’t want to get into that. My guess is you had the money to put down if you needed too but you were trying to conserve cash. That’s totally reasonable. 
my point is so many here seem to believe they can have a sustainable business without any money. While theoretically possible maybe 1 in 10,000 can do it. 

Post: Excited to Join

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

Welcome @Brett Jurgens There are lots of people here to help you with your journey 

Post: Real Estate Investor

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

Welcome to BP @Robert Ketterman

Post: How to Handle Earnest Money Deposit (EMD) When You Don’t Have Immediate Funds

Ned Carey
Pro Member
ModeratorPosted
  • Investor
  • Baltimore, MD
  • Posts 16,430
  • Votes 12,705

Normally I would remove this post as self promotion- the original poster is a lender. Since others have already replied I will call her out. This is both spam and a really bad idea. 

Sounds like a follower of a recent popular Guru spreading very bad ideas. 

If you don’t have enough money for an earnest money deposit than you shouldn’t be doing the deal.