Re: First Potential Deal! Need advice! - Posted by Elizabeth NJ
Posted by Elizabeth NJ on April 25, 2006 at 10:19:30:
As an active investor & a woman, I feel the need to respond to your query – I see the other responses thus far are from men.
I too have been mugged more than once (in Manhattan & in Brooklyn). I know it may sound condescending, but you have to move past that event or it will cripple you, and I’m not just talking about real estate.
I can walk around in the “worst” neighborhoods here in NJ and no one bothers me. I talk to people I meet on the street in those neighborhoods and have never had a problem. [I’m 5’1", not tall by any stretch of the imagination.]
First, how you carry yourself – your body language – speaks volumes. If your body language says you anticipate being jumped, I can guarantee you will be jumped. If you carry yourself with an air of confidence and assertiveness, you will be surprised at the reception you will get.
Now, about the areas you’re talking about. Just remember this one thing – people are already living there, so your potential buyer is already in that neighborhood.
Evaluate the property & the potential deal on its merits as you would one in any other neighborhood. Common sense would dictate that you not go into any area by yourself after dark. I prefer to go on weekends when people are outside washing cars, shopping, etc. so I can chat up the people I meet.