How To Be A Real Estate Investor That Is Safe

We all know that we can, on no account, take a seller's word when they tell us the amount of their mortgage balance, or what their monthly payments, or their profit margin are. We can confirm all of this by using the "authorization to circulate information" form.
By using this form and doing our due diligence, we are protecting ourselves financially from doing a "dreadful deal". Yet we need to ensure our own safety or/and defending ourselves from bodily harm?

As an investor, I have been in many ‘dubious places'. I've walked through houses that were boarded up and vacant at periods of upwards of 2:00am in the morning. The most critical word of advice that I can give anyone is to "trust your instincts" at such times. Instincts are very powerful and when the hair rises on the back of your neck, you know that something’s out of place.

There have been just twice in my life as an investor that I didn’t get into someone’s house. One point in time I was in a City and I had just finished up a deal that really made me happy and fulfilled. It was a beautiful day outside, so I decided to go knock on more doors to see if anyone else was interested in selling their house(s).

Once, I approached one (a house), a bunch of hefty guys were out in the yard. I communicated to them about how I was looking for houses in the area and, of course, I went on and on and on and on. They seemed interested and invited me to a particular underground room to see the house and then I thought to myself, Now let me think about this .........A bunch of bulky guys invite me into a underground room......believe me this was probably not the best of ideas (Coupled with the fact that I had a really bad feeling about it all). Apparently I declined and gathered particular information on a property while we talked within the yard.

The next occasion was pretty analogous to the first. I was actually doing some work at a property, that was mine really, and one of the neighbors stepped forward and asked me whether I would love to buy their house. Trust me when I say that something was out of place regarding this person and as such I didn’t dare go into that house either.
So in addition to trusting your gut, what other thing can you do? Well, at all times I have a knife on me. It's a small pouch knife with a clip, which I can clip to the inside of my jeans pocket. Peradventure I find myself in an insecure or dangerous circumstance(s), I can defend myself by quickly bringing out the knife. Besides, as I mentioned before now, when I find myself in a house that’s vacant, I carry anything that would make a great weapon and would also be somewhat size able or handy, you might say.

Another necessary thing you can do is to, as a matter of principle; tell at least one person where you are going to. If you're going to meet up with a potential seller, give your wife/husband or a companion the address of the property and or the meeting venue. Let them know that you have a 10:00pm appointment that night at the address and if you're not home by 10:00pm, they ought to start looking for you.

To bring this whole issue to some finality, believe me, no deal of whatsoever ramification or magnitude is worth your life. Therefore it's paramount for you to be and play safe and employing to the maximum, EXCELLENT JUDGMENT!!