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All Forum Posts by: Nick Doria

Nick Doria has started 16 posts and replied 218 times.

Post: How to Tell a Seller His Asking Price is 2 High!!!!

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107

@James Wilcox

Maybe have an agent if you are using one present some comps to the seller so that way the agent looks like the bad guy and not you. I know breaking the news that they're overpriced doesn't always go over well or really hurts the relationship you may have with them

Post: Everyone shutting me down?

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107

@Camron Cottam

I believe the reason why most people are telling you the same things they are telling me is while i'm no expert or claim to be based on what i hear all the time here are a couple of the following excuses / reasons :

1.) Being a landlord sucks, why do you want to fix a toilet at 2 am ? When i hear somebody tell me that like my managing broker tells me all the time, ask yourself a couple of questions to see where they are coming from. Have they ever been a landlord ?

If no, then I wouldn't put much stock in their opinion since they have never attempted and giving the same excuses everybody else does. 

If yes, then i would ask them some deeper questions to see how they treated being a landlord. Was it set up as a hobby or did they put systems in place to make the landlord process like a business. if they treated as a business then i would pick there brains and learn about what they did and didn't work and try to find the real reason why the say it sucks. 

For me personally if they don't treat it as a business then while I might listen, I wouldn't factor their opinion in my decision on becoming a landlord and investor. 

2.) Maybe they did buy an investment property but lost it because they didn't educate themselves enough on real estate investing, got lazy after buying the property, didn't work the numbers correctly when doing the due diligence process ? 

These right here could be where i believe most of the problems or doubts come from since real estate so such a broad topic and there are so many ways to invest taking the time to learn what kind of an investor you want to become will get rid of most of the above problems.        

3.) When you attempt to pursue your dreams and ambitions the people you know and love will start to question themselves in why they aren't doing the same. When people look into the mirror most of the time that's when they notice that they aren't happy so don't take this personal since it's not about your dreams at this point it's about them not reaching for their own. 

One of the most important things that i have read or statements that i keep in mind is " if you wouldn't want to trade places with the person who is giving the advice and/or opinion then listen to gain insight but, don't base your own decisions off of their advice and/or opinion." 

Other than learning about real estate investing I think the most important and hardest thing to overcome is getting out of our own way and changing how we think about things. Fear is one of the greatest things that can stop anybody in their tracks because it never goes away but, it can be managed to not take control over your life with practice and surrounding yourself around like minded people like on here on biggerpockets.  

Post: Problems with mobile app after update

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
iOS app I guess that would have helped

Post: Problems with mobile app after update

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
Other then that the app has been great keep up the great work guys love the website and everything it provides us on here.

Post: Problems with mobile app after update

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
Just wanted to see if anybody else has been having any problems? It keeps freezing and kicking me out of the pro area. It's been happening for about a week. I've lost a couple of long messages that I have typed up that were important before I got to send them. Anybody have an ideal if there's something I can do to help fix this on my side ? Brandon Turner Joshua Dorkin

Post: Suggestion: Military REI Forum?

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
Iam all for it. Would make it easier to find info regarding VA loans and such since there are so many topics it would help to have them in one spot since military REI brings different challenges then normal.

Post: New Investor In Chicago (mainly south side)

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
Welcome to bigger pockets. I believe there is an real estate investor meeting going on soon in the south side of the city.

Post: Is Disclosure for renting necessary?

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
I believe it depends bass on state laws but I would just to avoid any possible problems

Post: HOW TO SHOP FOR A MULTI FAMILY ____ STEP BY STEP

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
I'm going to follow this thread since a lot of muti family buildings are going for 500k plus in my area.

Post: 3 Steps to Make Maximum Cash at Closing Using Your VA Loan

Nick DoriaPosted
  • Real Estate Agent/Investor
  • Chicago, IL
  • Posts 229
  • Votes 107
Interesting ideas on how to use the loan to your advantage. I guess if the numbers would support the increase in the Mortage payment amount this could be a win for the short term and long term. I will remember this once I get ready to use my VA Loan.