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All Forum Posts by: Sherry Lewis

Sherry Lewis has started 10 posts and replied 216 times.

Post: Feeling very discouraged

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Joel, Thank you sweet as always in forgiving my beginner blunders. Hoping the beginning blunders don't follow me too far into 2012 lol..
Michael, they need rehab. 2 are single family and one is a duplex.

Kalamazoo; my neighborhoods are not the best, but they are not the worst in the area either according to my local locksmith friend. I think they all have great potential; especially with Kalamazoo's Promise program with the college tuition; having said that... I have them listed at 12k each or 30k as a bundle. The first agent I had was definitely not someone who felt comfortable out of suburbia. I changed agents. This agent rarely keeps in touch with me. I call him, he doesn't call me. The only time I get emails from him is the auto reports and to tell me if he had to re secure a window. I am in a seller contract with him. I did a Craigslist ad for them and have forwarded him at least 30 leads. I have to beg for feedback. At this point I am thinking about doing away with the realtor and just having my locksmith friend let people in to look at it. Problem with that is, I haven't closed one of these deals yet so I have no idea what I am doing. I don't think he has shown the property to more then 1 or 2 people.

I have a round of property taxes due on these properties to the tune of another 3k. I already paid another 2400 to clean them out and do lawn care.

As for Cleveland, it just is what it is. I just lowered the price again to 7995 to get out of the darn thing. That will cover my Realtor fee and barely get me out intact but still no interest. I have a good Realtor introduced to my by Rob the House Guy. It just is what it is.

Feeling discouraged because I started this with 10k and a pipe dream lol. I ended up having to put stuff on credit cards to pay for taxes and clean outs and I thought something would have moved by now. I am at the point that the houses are going to sink me if I can't get them moving.

Hence feeling sorry for myself today. Still booking my ticket to the conference though lol... Probably the best purchase on my credit card so far in this adventure lol...

And yes, I know, airing my dirty laundry but they are my mistakes. Not proud of them, but not ashamed of them either, they are a learning experience of what NOT to do again... at least I took the chance on my dream right? I am not totally out of the game yet... just on life support LOL

Post: Feeling very discouraged

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Hi all, I know it has been about a month since I have been on. Had some medical issues (all fixed).

I am still sitting on 4 properties and getting very discouraged. I made the classic beginner mistakes and am hoping they don't end up costing me my chosen career path goals. I am stuck at a stand still.

I still have all 3 properties in Kalamazoo and cannot figure why they are not moving. I also still have the one in Cleveland and unfortunately know exactly why that one is not moving... location location location.

Guess I am just looking for advise on how to get out of this with some of my money back so I can still try to move forward. Probably looking for some motivational speaking too if I am being honest lol... Thanks all

Post: BiggerPockets REI Summit 2012 is Coming!

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Anyone else having issues when registering?

Post: Feeling the pain of my first purchase

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Thank you for your words of encouragement Andrew!

Post: Do I Really need a Title Company?

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Raymond you might try titlesearch.com

Post: What to say to absentee owners via letter?

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Stinson thank you for uploading your sample postcard to the fileplace! It definitely helped point me in the right direction!

Post: New Investor from NYC Looking Forward to Being Active BP Member!

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Raymond welcome to BP! This site is wonderful with many folks willing to answer questions and assist in any way they can! Welcome aboard and much success in your ventures! If I can ever be of assistance I would be happy to!

Post: Does anyone Have a Sample Letter for Absentee Owners?

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Thank you for sharing the thread Stinson! Would love it if someone could upload one to file place for everyone. I searched their first to no avail....

Post: Does anyone Have a Sample Letter for Absentee Owners?

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Hi all, I have located a few properties in my area that have been vacant a year or better. I have done my research and found mailing addresses on the owners of record. Does anyone have a sample letter to send for a first time contact to an absentee owner that I can use as a reference point. I don't want to word it wrong coming out the gate and loose the potential deals. Thanks so much in advance!

Post: New landlord, problems already, need help!

Sherry LewisPosted
  • Rehabber
  • Fort Walton Beach, FL
  • Posts 240
  • Votes 48

Tatyana,

I definitely wouldn't wait to file those charges on K. Fill out the paperwork they desire and just make sure to touch base with your lawyer about it at the appointment.