Still Looking

With the car audio market changing everyday I have been thinking about and looking for something else to get into. I am really wanting to get into real estate investing. Started looking and wanting to find a house to rehab last year and didn't really have much luck finding a good deal so I kind of put it in the back of my mind and quit looking. Winters are kinda crazy at the shop with remote start season and can be a great time of year so I wanted to concentrate on that. Well its summer again and I have started looking again.

I thought I had found it. The start of my new adventure. An old 3 bd. 1.5 bath "diamond in the ruff" just waiting for me to turn her into a beautiful palace that anyone would love to call home. The price was right, decent neighborhood, big yard, and the deal was all mine. You know, a brand new investors dream come true.

I had already driven by the house just to check it out make sure it was'nt leaning to one side waiting to fall over the next big storm we had or that the house still had windows and the roof was still on. It didn't look to bad. Of course it needed some paint and the landscapeing was well.... it needed some curb appeal. Not a big deal though if it was already in great shape it probably wouldn't be in my price range or any kind of deal for me to make any money at. So I set up an appointment to look at the house. Now I'm not going to go into great detail about this house but as soon as I walked through the door I new if I took this deal I would have been in way over my head. Did you know that there were houses with the electric run on the outside of the walls? Maybe I'm showing my age or have just led a very sheltered life. Maybe I just never paid attention before and have been in houses like this but either way I was a little shocked.

I guess I am thankful for knowledge I have gained by owning my own business for the past 10 years and that my enthusiasm about starting this new venture didn't get the best of me and that I didn't just jump into something I am not prepared to handle yet. But at the same time I feel a little like I may have chickened out. I think that's just a guy thing though wanting to think I can do anything.

So I guess you can say I'm still looking. I know that great deal is out there just waiting for me to find it. If nothing else Ill just chalk this up as experience. After all I did learn a few new things in just trying to see if this was the deal for me.