Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alice K.

Alice K. has started 12 posts and replied 298 times.

Post: Can an agent give information about occupancy to a client?

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211
Yes, they can and should give you all those details. Any agent too. Listing agents will have to tell you and/or your representing agent all the "material" details. Material facts = What would alter my opinion of this purchase? Usually, it's recommended you use another agent to represent you as the Listing agent is theoretically supposed to serve the seller first and foremost. So, as a buyer you want your own "Buyers agent". (Stupid I know, but "double ending the deal" in agent speak is slightly frowned upon - aka the agent is bound FIRST to the seller first so you're like the third wheel to their relationship.)

Post: Tiny house park idea on large parcel of land

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211

@Garrett Blanchard - You've hauled propane tanks up hills?! *bows as sign of respect*
:))

Post: Tiny house park idea on large parcel of land

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211

As @Matthew Paul mentioned, zoning could prove difficult.

This sounds more like a mobile-home park-like idea-- As per @Andrew Johnson

Other thoughts (I've lived w/ my family in small spaces, from RV to boat):

  • Have you ever lived in one? (Try it first lol)
  • What's the age range of people? 
  • Would you offer the homes or people have to drag in their own?
  • What would your lot rent be v them just going to an apartment? 
  • Have you ever lived off the grid? (My family has a property w/ no power/water and yup, that is a drag. Think, hauling HUGE tanks of water up a mountain to water some grass. LOL Just for turkeys to leave their droppings all over it and destroy it. ) 
  • Now, imagine the heat, also, ice cubes melt.. lol.. Also, the cold... 


Bahaha, But, that's just me playing devil's advocate-- there is a HUGE desire for this off-the-grid-type tiny home living, so I'm probably just calloused.

Def start by chatting up your local zoning regulators / city planners. :)

Keep up the cool ideas! 

Post: Bloomsday Weekend Spokane Meetup or Coffee?

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211
Hey there! I also have spent many many years around that area. Won't be visiting family until July but would love to meet both of you in person some time! Cheers, Alice

Post: Private Lending Advice

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211
* RE Meetups are a great start. * Reaching out to BP folks (you have to know people first otherwise that can become an issue as per SEC rules as you may already know). * Hustling friends and family. If you think you have a deal, feel free to send it along to me and I can get you a second opinion. Cheers,

Post: Multi-family Inspection costs

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211
I paid $600 in Washington for a multifamily. $500 in Seattle a few years back for a SFH. $150 for a sewer report that was purchased by the owner (I don't recommend but time was of the essence on that particular property). Usually the cost is standard depending on the location the property is in. I recommend calling 2-3 for quotes. Better off paying more if they truly know homes rather than a "steal" and they miss critical items.

Post: Why the % of failing agents is overblown/needs rationalization

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211
So the biggest thing that everyone said and I didn't seriously consider when I started: It's not at all about everything you studied. It's basically 80% marketing. (Give or take.) No really, you can be the best deal writer but if you're not a gung-ho birddog (running around talking to everyone), at least from the beginning, then your business will be DEAD. They don't necessarily "fail" either, they just may have realized that time was spent better elsewhere. :)

Post: ASBESTOS here we go UGH

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211

@Roy N. / @Russell Brazil - have you happened to deal with lead paint removal before? Curious if there are any pro tips for dealing with that as I keep passing listings with: "Oh, BTW, watch out "may" be lead paint here..." 

Post: ASBESTOS here we go UGH

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211

Thank you for the share! 

I've been in several buildings in Washington that read: "Beware, there may be asbestos." (something similar to this). Wonder if that's going to start being enforced there...

Also, lead paint... That's one I'm curious about in regards to what others have spent for removal. 

Post: My wife wants a new car

Alice K.Posted
  • Investor
  • San Francisco, CA
  • Posts 306
  • Votes 211

You're rocking it family wise!!! CONGRATS! [As @Connor Maloney mentioned!] 

As a female (she is actually better than me though as I have never done her incredible feat of childbirth!)-- Here are some ideas:
1) Have her beg her family for a car-- pitch it to family as "it's for the kids".

2) Tell her to do a  stay-at-home gig to get extra dough on the side.

3) Say "If we wait on the car we can do all these better things [list better things that add value to your net worth]" e.g.: we can go on a family vacation instead!
4) Tell her to look in your penny-saver for a bit of an older SUV

5) Go through a pro & con list (weighted) and illustrate all the other things that money can buy. (Be sure to add in things that she likes.)

6) As @James Masotti mentioned, borrow money to get a car, preferably, from friends / family and persuade the dealers to give you a ridiculously low interest rate (if they won't just walk)