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All Forum Posts by: Bailey A.

Bailey A. has started 17 posts and replied 54 times.

Post: What 2021 accomplishments are you proud of?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@Kaylee Walterbach

After a long year of sweat, tears, many long talks with God/The Universe/Blue Bell Ice Cream, I got my property appraised and was able to cancel my PMI. The appraisal came in way over what I thought it would. It sounds like a small thing, but knowing all the work put into it actually paid off was amazing. Also, cutting expenses and keeping more each month is a plus! Little steps in a long journey ahead.

Side note: I found a tenant that pays me a week ahead of the 1st. Who could ask for better???

Post: Landlord at Property During Maintenance?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

Hi Everyone,

I’m currently self managing and each time I’ve needed an electrician/plumber I meet them at the property myself. I’ve only got one property but I wanted to hear from someone who has the experience in self managing and multiple properties. Do you take it upon yourself to meet contractors there or do you have them coordinate with tenants?

Post: Zillow Not a Reliable Source for Prop Mgmt?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@Jingru Sui

I haven’t asked (I will) but I’m assuming that’s why he posted it on Zillow although he doesn’t like the format. His company had +200 properties so he’s gotta be doing something right, right? But for me I’m thinking 4+ weeks on the market is a long time. I’ll stick it out until the end of the week and then go from there I suppose.

Post: Zillow Not a Reliable Source for Prop Mgmt?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@Charlie MacPherson

The info from that study is pretty shocking. Makes me cringe a bit just thinking about it! You are right though. It’s time to make some hard decisions and keep on rolling. Thanks for the advice!

Post: Zillow Not a Reliable Source for Prop Mgmt?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@Andrew B.

That’s what I was thinking! Why post it on that platform if you won’t pursue the leads? Makes no sense. Originally he said he wouldn’t post to Zillow because it’s single handedly trying to ruin the real estate profession (?). Then when I saw it up I was thinking oh okay, cool, the listing expanded. Buuuuuutttt I guess not so much haha.

Post: Zillow Not a Reliable Source for Prop Mgmt?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@David K.

That’s what I’m thinking. I thought I did a great job vetting the company (I interviewed 4) but it seems like this is a definite pitfall and possible deal breaker. Trying not to think of all the lost leads as we speak. In my mind (and many others) Zillow is the big dog. They do own Trulia and HotPads after all. It seems like a company would want to work with that but I guess not! I Just gotta keep on moving along. Its the first property but not the last!

Post: Zillow Not a Reliable Source for Prop Mgmt?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

I'm speaking to all property managers out there who can help me understand this. I just let my manager know that my friend contacted them through Zillow about my listing. Its been a week since she's heard anything back (naturally, I thought that was a point of concern). When I mentioned that I was wondering if potential leads were slipping through the cracks/not being followed up on he said "Zillow isn't a trusted source" and he could go on for hours about the topic. Can ANYONE shed some light on this?

At this point I'm thinking "Wait, what about the other people who could've reached out through Zillow over the past 5 weeks?". This doesn't make any sense.

Post: Zillow Not a Reliable Source for Prop Mgmt?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

I'm speaking to all property managers out there who can help me understand this. I just let my manager know that my friend contacted them through Zillow about my listing.  Its been a week since she's heard anything back (naturally, I thought that was a point of concern). When I mentioned that I was wondering if potential leads were slipping through the cracks/not being followed up on he said "Zillow isn't a trusted source" and he could go on for hours about the topic.  Can ANYONE shed some light on this?

At this point I'm thinking "Wait, what about the other people who could've reached out through Zillow over the past 5 weeks?". This doesn't make any sense.

Post: Prop Mgmt Team Doing Their Job?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@Jeff Manchester

Thanks Jeff, I appreciate the info!

Post: Prop Mgmt Team Doing Their Job?

Bailey A.Posted
  • Investor
  • Fort Worth
  • Posts 57
  • Votes 16

@Jon Shoop

Thanks Jon! They are supposed to update me tomorrow and leads/showings that did or didn’t happen in the past week. This is definitely something to think about. How long are your listings usually sitting vacant?