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All Forum Posts by: Brandon Vukelich

Brandon Vukelich has started 7 posts and replied 419 times.

Post: Website to Find Duplex, Triplex or Fourplex

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Yes, like David mentioned.  If you use Zillow, click on the BUY (upper left) then the under the drop down menu HOME TYPE, select Multi-family.  Not sure which market you're interested in but if WA state, you can use my site as well, multifamilymomentum(dot)com.  Best wishes on your search!

Post: Multi-Family HOA or No HOA

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Definitely pros and cons but personally, I don't want to own rentals within an HOA. I don't want the additional expense of HOA dues (even if they cover something like landscaping, water, trash). Like both of the Justins mentioned above, it can be another thing to potentially complicate the management of YOUR property. Also, keep in mind that you can still be hit with special assessments and a poorly funded/managed HOA. You haven't mentioned anything about the numbers on either so I'm assuming price, NOI, etc are close to apple-to-apples comparison. If the returns are double for the HOA property, it may be worth consideration. Best wishes on your decision!

Post: March WEEKEND Real Estate Meetup & Event w/ Multiple Past BP Podcast Guests!!

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Thanks for posting.  Looks like a good lineup!  Would love to return for this event but will be out of town for spring break. 

Post: New to BP Chatroom!

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Welcome @Bradley Tovar!  I have lived in Oxnard, the SF Valley and Marina del Rey.  To be honest, I preferred Ventura Co. :)  I'm sure you'll do just fine in the West LA market.  Focus on having daily conversations about real estate with people.  Best wishes on your career!

Post: Looking for a $2-5M industrial NNN lease

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

@Roman Rytov I did a quick search on Crexi using your criteria and there were 92 listings nationwide, only 3 in CA to exclude.  Best wishes on your 1031!

Post: Biggest "Ah-ha" Moment for Agent Success

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

When I realized that investors will typically do more deals (transactions) within a 2-5 year period vs chasing traditional residential sellers and buyers like every other "Realtor" out there (i.e. paying for Zillow leads, etc.).  Most of my sellers are leaving the area.  Some do downsize locally so I occasionally will help them on two back-to-back transactions but that is not the norm.  Most buyers are in their homes 5+ years so I'm not going to hear from them anytime soon unless a life event happens like job relocation, divorce, etc.  My AH-HA was when I realized investors come back wanting to do more deals fairly quickly after the first one or two.  Plus I'm an investor so once I focused on multifamily investors (like me), it became much more enjoyable.  As @Hamp Lee III stated, define your niche.  Like you may hear about people getting a tattoo...already planning the second one after they just got the first. 

Also, one more AH-HA was when I realized it was fairly simple to grow your sphere once I focused on having conversations about real estate with anyone I could connect with, on a daily basis.

Best wishes on your real estate journey!

Post: Self Storage- Remote Management

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Great post @Henry Clark!  I'm not in the SS space but find it interesting and with new tech, seems like remote management is becoming more and more efficient and possible.  Congrats on the success!

Post: Can I work remotely as an agent?

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Sorry to hear about your anxiety.  I'm guessing you don't have a good understanding yet on what it takes to be a competent and professional real estate agent.  I don't see how you could effectively service clients needing assistance in MA from Europe.  I wouldn't work with an agent that was not local to the area that I'm buying or selling properties.  If you have a sphere of people wanting your help in real estate (and you have a license), you could refer them to other local agents for a referral fee.  Best wishes on your plans!

Post: Investor Friendly Agent

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Hey @Adam Reed, your investor friendly agent/broker (not necessarily a "Realtor") should be more of a consultant or advisor than a salesperson.  Here is what I suggest you ask:

1. How long have they been a full time, licensed agent and are they an investor themselves?  

2. If they invest, do they actually own (or have owned) the asset type you're looking to acquire? Do they specialize in what you want to buy/sell?

3. Ask them about their process of working together, expectations, etc.  Will they assist you from deal analysis through closing...and beyond as needed?  

4. Which areas/towns/cities do they mainly service and know well?

As @Eliott Elias stated, I would be interviewing you as well.  I need to vet new clients to ensure they are not perpetual tire-kickers and get a baseline understanding of their current situation/goals.  I start with a 15 min intro call.  Step 2 is my 30-60 mins Investor Consultation.  You should evaluate how thorough they interview you as well.  If not so much, that may show a sign of desperation for new clients.  You never want to work with an agent that is desperate for their next commission check.

That's just some basic feedback for you.  I'm happy to share more if you send me a DM.  Best wishes on your real estate journey!

Post: While cold calling, when do you have to tell a prospect you’re licensed?

Brandon Vukelich
Agent
Posted
  • Real Estate Broker
  • Auburn, WA: 🏒 27 LTRs 🏑 3 STRs
  • Posts 435
  • Votes 374

Yes! I clearly state right off the bat, "I'm an investor but in total transparency, I am also licensed real estate broker."  I would do it even if our state did not require it at any point as well.