Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Anthony Cecchini

Anthony Cecchini has started 8 posts and replied 41 times.

Post: Why are people scared of real estate

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

That's a good point. Or two points I should say.

Post: Help Me Paint My House...Win Free Books

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

I think a grey stone siding with aspen white trim, doors, window trim, and batten would look good. Makes it a little bit darker than the house next to it without losing the eye-catching appeal of having a white trim. I always considered pure white to be a turn off trim wise since it shows dirt so easily. I always liked the theory of as little white as possible but retaining a small amount for the clean "eye catching" glimmer it provides, especially on sunny days.

Post: Rents - gotta have rents!

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

I like Aaron's way of dealing with them. Friendly but stern. Favors turn into favors turn into favors.

Post: Why are people scared of real estate

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

Both of you have very good points. From what I have seen and read on many forums, the notion of "it takes money to make money" seems to be the dominant train of thought nowadays. Sometimes it may be true, but I believe the notion "it takes money to lose money" is often more accurate. Just look at many of the athletes and movie stars who blow through money like its nothing. All those bucks but no wisdom.

And sadly most majors in college do require no real effort. Except of course certain mathematics, engineering, medical professions, high end computer programming programs, etc.

I made sure to choose a degree which pays off decently, especially in the more northern areas of the southeast (if that makes sense). It requires some work but it is worth it.

I mean hey, who wouldn't want to major in something easy, but if everybody else does it, of course the job market is going to be dismal.

I think if people (I just recently in the past 1-2 years realized this) viewed colleges as business trying to make a buck, which is what they are, instead of a promised pathway to financial success, they would be better off.

The college I attended for undergraduate is promoting its unaccredited law school and people still take the bait. 3 years and 100,000 dollars later, they are whimpering and whining that they are unable to practice law due to the inability to sit for the national BAR. Sounds more like a thrifty business tactic than preparing people for their future.

Post: Why should an agent want to work with you?

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

1. good references- agents will quickly deteriorate their reputation if they actively avoid investors.

2. we are a funnel for buyers/sellers- each deal helps promote the agent's name out to other locals thus increasing the chance for future sellers to list with them.

3. they might want to invest one day- by gaining each other's trust they be a future prospect for partnership or private money.

4. Free lunch- everybody loves food

Post: Why are people scared of real estate

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

Hey guys, I have something I have been pondering about for a while. It seems that many people are scared to take the dive into real estate due to the risk. Now I know that this has been discussed many times over, but I find it very intriguing that people will spend 100,000 on a college degree, but will not spend even half of that on a first real estate investment/ learning. To be honest I wouldnt spend that much on the learning part since everything we need is here at bigger pockets (the 15 bucks a month for pro is def worth it) but concerning a real estate investment.... this is a no brainer, as long as the numbers work.

I am leaning toward the fact that college gives a peace of paper stating that somebody has a degree as being what makes people lean toward dishing out the money for college.

For example, I know people where I went to school that paid 50K+ for a degree in music education.... yes... music education.... without a full ride.

Long story short, is just amazes me that lengths people will go to achieve a simple piece of paper, even with a bleak job outlook ahead of them. That peace of paper must have some amazing lure factor wrapped into it obviously.

Post: Rents - gotta have rents!

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

Dealing with people can be looked at in one of two ways. A challenging adventure or a roadblock. Just think of all the humorous stories you have to tell.

Post: Facebook for lead generation

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

I will def update this topic when the time comes. Using memes (even though how childish it may sound) is a good way to grab people's attention. As long as they know the post is a serious business post, the picture will grab a brisk glance and have a higher probability of sticking to somebody's memory.

Id also try to put up flyers around campus with a quick explanation why living in dorms is lame. Seems to work good at most all campuses since students are rather lazy. requires footwork though

Post: Facebook for lead generation

Anthony CecchiniPosted
  • Tellico Plains, TN
  • Posts 41
  • Votes 5

I'll try to explain it a bit more thoroughly since my first post was rather vague.

Basically, I created a few (and turned my old facebook account into) a few as Brandon stated yardsale accounts. I am not sure of the popularity of these accounts in other parts of the country is like, but here in the good ole south, they seem to be extremely rampant.

People often advertise all sorts of goodies on these sites by either posting their real life yardsale time/date/location on them and also by taking pictures of items for sale with a brief description and putting them on Facebook. Sounds much like craigslist in a way, and it sort of is.

The benefit I foresee in using these sites comes from the ability to link posts to other yardsale accounts. One of my said accounts has close to 3000 friends, which means everybody that doesnt have me blocked should occasionally see one of my ads. I am banking on my other accounts on becoming this popular. Since my accounts are often tagged with people putting up items for sale, I quickly gather friends on them. Since I am currently very busy with work, school, putting together my marketing strats, applying for jobs so I have one after i graduate, analyzing markets in eastern TN and eastern KY I have not yet begun advertising on these sites. Once I land a job and know where I want to live (more than likely KY)I will use them as a tool to help me acquire a couple small investment properties, including my residence where I plan to work. Houses are rather cheap in the areas I plan to invest and with my savings/future salary I plan on purchasing a few in the next year to renovate and rent out, which should be very possible due to the said low cost of homes in the area/decent salary I should command after graduation, (which will be much better than my current).

Sorry for going off track. Here in a couple months I will be able to tell exactly how effective this start is, but for being able to reach a few thousand people for no cost, I dont see where it could possibly go wrong. Of course I still plan on using other market strategies as needed, I plan on making sure every patient has a chance at walking out the door with a business card in hand :)

P.S.

the people who are hardcore yardsalers are also mostly of low/low-mid class origin, thus often being the kind who may need a quick exit strategy on a home due to a backfired mortgage/biting off more than they can chew. People in my parts are notorious for spending more than they earn and quickly needing to oust themselves of automobiles/housing. and then the same people show up a month later with a shredded credit score needing a place to stay, thus presenting themselves as a prime rental candidate.