Labels

Estate Investing Apartment Market Should Property House Properties About Agent Buying During Investor Option Ready Secrets Worth Agents Avoid Bandit Beach Benefits Building Doesnt Doing Every Exercise Expensive Fearless First Florida Foreclosures Industrial Investors Lease Marketing Measures Miami Opportunities Outsourcing Place Retire Right Sales Sarasota Signs TenantBuyer Their Todays Worlds Advisors Affordability Agreement Assignment Attending Becoming Better Build Business Buyers Cheapest Checklist Checks Choices Clipart Closing Clubs Companys Complete Construction Contract Corporation Creative Credit DealGuaranteed Deals Demolition Design Development Double Downloadable Dream Easily Effort Expect Exposed Facilities FearDriven Fence Figure Financial Finding Foreclosure Forms Fortune Found Friend Generation Ghosts Golden Groundwork Growth Hidden Historical Homes Housing Inspection Inventory Investment Island Landlord Large Laying Leads Learn Local Lucky Maria Marketings Membership Mistakes Modular Modulars Mortgage Movement Multiple MustHave Needs Negotiating Neighborhood Neighbors Network Never NonReal Normal OldNew Other Owning Panama PartTime Payment People Pinnacle Places Postcard PreForeclosures Preservation Process Profits Project Reality Recession Reduced Rehab Rental Revitalization Risks Searches Selling Settlement Short ShortSales Siesta States Structure Sweet System Takes Taking Template Those Three Today Tomorrows Toolkit Tools Trust Types United Various Viewing Waste Waterfront Whats Yellowstone Zones

You Might Be Interested

Saturday, November 20, 2010

Take a Friend to an Open House

I had been kicking tires looking for the perfect first time investor property.

An agent who I worked with before, called to invite me to an open house of a small Apartment building. I went and liked what I saw. Enough to consider and talk about making an offer.

But I didn’t know what I was doing and was nervous about making an offer on the building.

Fortunately I had a little help. I had brought two friends with me to the open house. Michele, whom I had just started dating, found my new venture interesting, and she proved to have an intuitive sense about real estate. Fletcher, someone I knew through work, had a Harvard law degree and was a law professor in the Chicago area. He, too, was fascinated with real estate.

The sale price was $85,000. A great deal but I was still indecisive.

My friends’ input made my decision easy. Fletcher stated simply, “If you don’t buy it, I will.”

“You’d be a fool to pass it up,” Michele told me. “If you don’t buy it, our relationship is over.”

We that kind of motivation and support – I did put in an offer.

I eventually bought the building and guess what?

That girl Michelle, three years later I married her.


View the original article here

No comments:

Post a Comment