All Forum Posts by: Alice K.

Welcome Simon! As far as your potential loan, it does depend, what's also critical is that your credit is good (I'm sure you know). The banks will want all your statements. You can show them those accounts holding the money and those should count as collateral. Eg: they will ask for other properties, any other accounts, 401ks, etc. You shouldn't need to put them into your bank directly unless your current amount is less than cash to close and several months of mortgage. Cheers, Alice

Hello Jordan, I'm interested. My only issue, which is rather substantial, is not knowing Florida at all. How big is the neighboring park / what's their occupancy? Will DM. Cheers, Alice

^ WATER!!!! 

Agreed, I feel like Washington "boom" is less than here. Exciting times. 
Was in the wood/farm side of WA last week and the dispensaries were pretty much the only thing people seemed to be blowing their cash on around there.

In most locations of Washington it seems like booze and marijuana is all there is to do. Or, so I'm told. haha

Originally posted by @Zach Schwarzmiller:

If I am representing a client I use forms provided through MLS (NWMLS/CBA in WA) otherwise, I will just create my own on microsoft word and PDF it.

 Hello there! reading this years later (haha). 
As far as forms, I'm a CA agent and assuming those wouldn't work in WA (I'm from around there and looking to by a FSBO out in the boonies).

Do you happen to know if CAR would provide a default form? Or, if you were attempting to buy in a another state, how might you go about it?

Thanks in advance!

@Robert Afra - @Bill Exeter and his wife are pros from dover and have been doing it for years. I'd recommend anything he has to say on the topic!

Looking forward to having you back @J. Martin!

Heard we currently have a surplus in CA for that.
Was looking at some land for rent up in Washington, super cheap / sq ft and the owner was willing to build infrastructure. Sounds like wine valley is the way to go for this!
Did he need a permit to rent it out for that?

For anyone else reading this-- @Ryder Meehan's events are awesome! I highly recommend them :))

@Charlie MacPherson - I'm sure you're right. I was merely speaking of posting it on social media / non MLS ads (since he isn't an agent he can't advertise on the MLS regardless).
How I understand it in our state one has to ask for permission from the listing agent and state it isn't theirs (if they want to be ethical).

As Charlie MacPherson said, that requires a license. There are ways to wholesale but if it's on market, there isn't really a lot of value you have above / beyond the MLS / Zillow, etc. Now when you do / if you get a license, you can ask a listing agent if you can advertise it to attract buyers but they will probably say they prefer you don't pretend it's your listing :)

That turnover rate is pretty high. Maybe some questions as the others mentioned: * Try a new property manager - one that just does a, practically automated "pass / fail" is not looking at the CORE tenant and what they are like / their motivations / desires / fears etc. * Check out your competition. What are they charging? What have your customers said (the tenants) Think, if you were a tenant would you stay there? Perhaps instead of just thinking "oh these are C tenants," one could look at them as customers. :) Cheers!