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All Forum Posts by: Tom V.

Tom V. has started 14 posts and replied 304 times.

Post: 90% of you won't do anything!!!! But why?

Tom V.Posted
  • Iowa
  • Posts 304
  • Votes 152
Originally posted by @Allen Seto:

Reading posts in this thread is very inspiring...I am brand new to this world...and want to move to the 10% who actually take action!  

I think a big part is weighing the following question: Do I have enough education yet now to make good informed decisions???

 That's a great question Allen. I'm wondering the same thing about my own "education" in real estate. I started educating myself near the end of Feb this year, dedicating at least an hour every day to reading about real estate investing, and turning my car into a mobile classroom with the podcasts. I was planning on doing 6 months of learning before buying anything. After 3 months, I feel like I can now at least have an intelligent conversation about the topic, and I'm getting pretty good at analyzing properties. I'm anxious to buy a property now, but it's one of those, I don't know what I don't know scenarios. What does your education track look like?

Post: 90% of you won't do anything!!!! But why?

Tom V.Posted
  • Iowa
  • Posts 304
  • Votes 152

Ideas are the easy part, but taking action to make those ideas a reality is what separates the dreamers from the doers. In broad terms, I think it's really that simple.

Post: New investor from Iowa

Tom V.Posted
  • Iowa
  • Posts 304
  • Votes 152

Hey all,

I've been lurking and reading these forums for a couple of months now. I'm new to investing and working on educating myself right now. I'm listening to the podcasts, reading RE books, soaking up as much info as I can while I develop my plan.

Since I'm finally starting to feel like I have enough real estate knowledge to have an intelligent conversation on the topic, I thought I should probably start participating.

These forums and the site are great, and I'm learning a ton. Hopefully I can provide some value to other members to pay back some of the value that I've gained from this site.

Have a good one,

Tom

I've read that if you are getting tons of low quality applicants, it is likely that your rent may be priced too low. If you bumped up the rent a little bit you may get less inquiries, but could possibly attract some more reasonable minded tenants. That was the first thing that came to mind when I read your post. Good luck!