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All Forum Posts by: Brandon Vukelich

Brandon Vukelich has started 7 posts and replied 432 times.

Post: Invest locally in Seattle, out of state, or something else?

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

Just a quick correction, Measure 1 is tied to Tacoma only, not entirely Pierce County. 

Yes, Seattle and Tacoma both suck with their overly protective tenants' rights but investors continue to acquire here due to strong jobs and historically strong rent & appreciation growth. I strongly encourage investors to hire a PM. Too many legal and costly liabilities if you are a part time landlord trying to stay up on local changes. Cash flow in the Puget Sound stinks from year 1 but almost every investor I know does not plan to hold for only a year. Thankfully we all don't want the exact same thing, it's already competitive in every market/asset type...well, except office space right now. Cheers!

Post: CRM for Real Estate Agents

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

I'm not a 30+ deal/yr broker but I've been happy with LionDesk for years.  It's more robust than I ever need and has always remained very affordable.  I have email and text campaigns.  It allows for videos and tracks open rates.  The app is "so-so" but I honestly don't use it much.  My admin maintains my CRM for me.  I am considering to scale up to RealNex CRM in the next year or so.  

Post: GC looking for another partner!

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

Hey Justin, I'd be up for a chat with you.  I'll send you a DM.

Post: Is Ricky Carruth the best YouTube channel for learning how to be a real estate agent?

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

Hi Ricky, are you looking for more info on what's involved in the day-to-day life, how to lead gen, how to manage a transaction...all of the above?  There's a ton of content on how to lead gen, that's the main topic out there but there is much, much more to being a real estate agent than that.  I'm happy to connect and help answer any questions or give you further guidance on books, podcasts, websites, etc.

Also, I'm launching a book soon about being a professional and competent real estate agent.  There are many that need guidance beyond lead gen and sales.  Happy to give you a copy when it's ready in a month or so. Send me a DM.

Post: WA Real estate lawyer recommendation

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

My business partner uses Teena Williams at Goldstein Law in Olympia.  I've also had some recent great service from the people at Tuell & Young in Tacoma.  You'll need to google them.  I don't think BP likes posts with contact info.  Good luck!

Post: Did you read Rich Dad Poor Dad?

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

Yes, a must-read for just about everyone that ever plans to buy real estate.  It sets the correct mindset regarding your personal home as a liability vs an asset and so on.  My family also owns the CashFlow game and I've made my two teen kids reach Rich Dad, Poor Dad for Teens. I'm telling them they don't need a 401k, they need a fourplex. :)

Post: Investor thinking about becoming a part time real estate agent

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

@Liu Cheng Congrats on holding a few investment properties, sounds like you're already on a decent path to building a portfolio. It's tough to become extremely competent as a PT agent, IMO.  If you intend to only do transactions for yourself, PT is fine but not so great if you intend to serve investors looking to transact millions of dollars. I'm happy to chat further if you send me a DM. Curious, which other language(s) do you speak?  Either way, best wishes on your journey!

Post: Just got my license should i wait till sales come up or jump in?

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

Tough to say really without knowing how much you need $$$ each month to support yourself.  Maybe one deal in CA can help support your living lifestyle for 1 week or 3 months.  Are you miserable in your 9-5?  That may also influence your decision. The longer you wait or do it part-time, the longer it will take to ramp it up to a full time career.  You may want to consider jumping all in and join a team that will help get you going on training, processes, etc.  Either way, best to have at least six months reserves to support your monthly nut if you're going to jump in 100%.  Best wishes on your plans!

Post: New real estate agent

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

Congrats Hammad!  You will likely have plenty of choices to consider.  My suggestion is to talk to a few offices.  Don't get hung up on fees.  There is value in a good culture, training, environment, etc., especially as you get started but also beyond.  If you commit to one and don't like it, generally it isn't a huge deal moving firms but if possible, maintain your own 3rd party database so all of your contacts/leads don't stay with the firm.  As time goes on, you will realize that clients decide to work with YOU not the office.  Best wishes on your real estate journey!

Post: How do you deal with people who don't share the same ambition as you do.

Brandon Vukelich
Posted
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Posts 448
  • Votes 385

It's a little difficult to know how driven you are to succeed in real estate from your limited post.  Unfortunately, many jump in because they think it is easy money.  Although you mention a backup plan, I'll assume you have a passion for real estate and are looking at this as a long-term career/business.  Those that take it serious and operate like a business (and not a part-time hustle) usually don't have a Plan B.  They are all in and understand that it takes time to become a competent & successful agent.  You need to plan to develop your sphere, your area of expertise, knowledge of your local contracts, how to manage the various emotions of many clients, etc.  Having some experience in sales, marketing, business management, negotiations, etc. helps but can be learned over time.  I'd suggest you consider joining a small team that focuses on the area of real estate you'd like to specialize in.  A career as an agent can be very stressful and challenging yet extremely rewarding, not just financially but in freedom (time).

As others mentioned, tune out the noise from those that are not supportive.  Best wishes on your real estate journey!