Tuesday, January 23, 2007

Investment Seminar

I am going to be setting up an investment seminar at the Holiday Inn Express in Garner (exit 312 off I40) The reason I'm setting this up is because people say to me all the time, "I want to fix and flip houses so find me a 'deal' that I can buy cheap and make alot of profit." Sound familiar? I hear it ALL the time. I even got into real estate to do that.

Its NOT as easy as people think. First of all, do you know the tax ramifications for being a "flipper?" Most people don't have a clue.

The investment seminar is for beginners who haven't got a business plan together yet. I am having a CPA come talk to everyone to explain how flipping can affect their bottom line and their tax return.

Interested? Contact my assistant Gina at Gina@MyTriangleHomes.com for an application.

Thursday, January 18, 2007

working from home with kids

I wonder how the heck other people do it. I love to see my 3 kids get onto the school bus. I waited to start my own company until my youngest started kindergarten. This past August I put my plans into action and Sept 06 Progressive started.
First, I love being here around the kids and knowing what's going on. I enjoy being able to go on field trips. The other moms are funny when they see me and say, "are you off today?" Real Estate is flexible which is why I love it.
However, what I can't figure out is how to get the kids to shut up when I'm on the phone with clients, attorneys, other realtors. I want to give a professional presentation to the public but it doesn't sound good when the kids are screaming and the dog is barking in the background.
I seem to be able to handle everything so far from home except this one BIG problem. Need to come up with ways to get them to realize I'm there but when the phone rings I'm not there, I'm working.

The why....

The entrepreneur in me. I got into real estate to be a flipper. John and I were going to fix and flip houses and make LOTS of $$$. Yeah right!!
Started out at an obnoxiously large real estate company around here thinking they'd offer me good training. I just wanted to learn what real estate was all about.
Training wasn't as good as I expected and the owner is a greedy ... person ;)
Switched to a start up company. The entrepreneur in me saw $$$ and lots of opportunity. Unfortunately the broker in charge they hired wasn't very good at leadership.
The company tanked quickly and got bought out by a semi-large company.
Unfortunately here, the owner likes older people, especially older white MEN!
I knew I didn't stand a chance getting anywhere there.
Started looking 'round! Couldn't find a company that offered a good commission split, flexibility in commission to clients, good presentation to the public.
I gave up and decided to go it alone. Scary though. But I've persevered.