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All Forum Posts by: Ben Kappel

Ben Kappel has started 4 posts and replied 52 times.

A question asked by every Realtor.  :) 

I think the simple answer is to just reach out to people.   

81% of people only reach out to one Realtor.  This is a numbers game,  so be the one to reach out.    

Post: I have a clingy real estate agent and I'm not sure what to do.

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

Side note-   It's not being pushy, I just call it following up.    Agents who don't consistently check in with clients will lose them.   

Persistence is key in for agents. 

And yeah, just tell her you have decided to use someone else.   It hurts, but it's better to know than wasting time on looking for things for a client that doesn't want to use you. 

Post: Loan Servicing for Seller Finance

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30
Quote from @Valerie Post:

Would you be able to recommend a national or North Dakota-based loan servicing company for seller finance deals?


 Can you expand on this?  

Are you financing a deal personally as a seller and looking for someone to do title work?   I would talk to The Title Team in Bismarck for that.  

Or are you the buyer in this situation wondering how to go about for a contract for deed?   I would recommend a good real estate attorney to draw that up.   Normally here if a buyer is asking for seller financing, it usually lands on them to cover the costs for an attorney to draw up the contract. 

Post: Tenant Offers Yard Services - How to go about this?

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

What about just tossing a few snow shovels and bucket of salt out by the exit doors.  I've had decent luck having some random tenant just handle it themselves, especially if it's just a light dusting of snow. 

Post: vacancy on a 6 plex

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

Sent ya a PM. 

Post: Evaluating Rehab Cost

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

I think we are going to need more information to be helpful.  But my advice is read the bigger pockets book on rehabs.  Could be a good start. 

Post: STR property manager qualifications

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

I like to check their Facebook reviews, and also look through posts of people looking for rentals and see in the comments what property manager is getting tagged the most.  

Make sure they have good relations with contractors.  If they do enough business with plumbers, exterminators, and things like that they usually get a better price, and they will pass that savings on to you.  

Neighbors running a salvage yard in their front yard. 

Post: How is the North Dakota market? Watford City Area

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

Are you looking for info on shops on commercial/industrial land? Or larger multifamily housing? If you like you can hit me up and I can send over some specifics on what is on the MLS or what has closed recently to get some price ideas.

Post: North Dakota Rentals

Ben KappelPosted
  • Realtor
  • North Dakota
  • Posts 52
  • Votes 30

Hey Noah, I'm an agent out in Dickinson and it seems every day the buzz around town is getting bigger.  There's tons of rig signs along the roads up north by killdeer.  We might see some crazy rent prices and appreciation in the next few years. And if you did month to month leases for those temporary workers you could get some crazy high rents.  If you want to reach out I can send you some places that have either closed, or would make decent rentals to compare to other parts of the state.