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All Forum Posts by: Darren Klein

Darren Klein has started 0 posts and replied 17 times.

Hi Stefon, I would love to have a chat with you. I have been a full-time realtor for the past 11 years.   Send me a DM and let's set up a time to talk.  I'm looking forward to hearing from you.

Post: Maine Short Term Rentals

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi, Take a few day trips and have fun. Check out a few towns and then focus on the towns you like the best.  (If you don't rent the place for a weekend, then why not enjoy it.) Talk with a few local realtors in those who should give you the best info on local markets.  Take your time and have fun. 

Good luck - Darren

hi, 

Are you an agent?
Are you trying to become one?

You can stop by a few brokerages and talk with the brokers and agents, see if you connect with them.  Joining a team might also work for you. You can stop by open houses on the weekends and talk with the agents. 

Just keep networking and take your time. Finding a mentor that aligns with your goals can take a while. 

Good luck - Darren



Post: Thoughts on the real estate bubble

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi Devyn,
While you are saving your money watch the market.
I don't think chasing the market up is ever a good idea.
Covid-19, elections, fewer people traveling to NYC to work every day, low-interest rates we have a lot going on.
Make contacts, learn the markets you are interested in, save money.
Once the run on properties passes you will be ready.

Good luck - Darren

Post: New cities for rental investments

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi Antwaun,

A good place to start is with talking with local real estate agents.
There are agents that specialize in rentals and work closely with landlords.
They will have a lot of resources and are on the ground in that city.
I think that is the best place to start.


Good luck - Darren

Post: Finding your first Contractor

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi @Karan Sood

I agree with Kenneth. 
I also like local hardware stores.

 You could also reach out to a local real estate agent, and start a relationship. 
I'm sure they would love to help, and real estate agents have a lot of relationships. 
My clients (I'm a real estate agent) also give the truth about their contractors (the good the bad the ugly).
They can set appointments so you can see finished work. (seeing is believing).


Having a relationship with a real estate agent will give you more than just a referral. 

Good luck - Darren

Post: Wholesale vs Real estate agent

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi Ramiro,

What would be the downside of getting your real estate license?
I think you could be leaving money on the table.

You might find certain properties would be better if you retail them yourself.
You will have access to market data. (possibly)
You can create a team around the properties you acquire. 
You can market the properties to produce buyer and seller leads.
 Feed some of the leads to team members or refer them to other agents.

You are leaving money on the table. 

Let me know what you think.

Good luck - Darren





Post: Best option for getting started

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi Dan,

Working with family could be very tricky, it could be awesome and everything in between. 
Be careful. 
If you can save your money and prove your business plan, you might be better off in the long run.
Take your time. 
Family is forever. 
Good luck - Darren

Post: Independent broker having home office

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi Fabian,

The big con is:

Its harder to build your community.
Staying in touch with other agents is harder when you don't go into an office.
(Which is important to hear the different trends in your local area.)
But it's not impossible.
I've been working at home for the past 4 years after being an agent that loved to go to the office every day.
I was surprised at how much time I was wasting going to the office. (whether it was travel time, office meetings (which are mind-numbing but very important) or talking to agents about bs).
It did take me a few months to realize I had to form a different type of office (community) for myself.

I love it.

Feel free to pm me. 

Good luck - Darren

Post: Searching for a sponsoring broker in NYC

Darren KleinPosted
  • Posts 18
  • Votes 15

Hi Xoel,

I hope the test went well. 

Training that fits your schedule that works at your speed and a good mentoring program is something you should look for in a broker.

I’ve been a realtor in NJ for 11 years and the past 4 years I’ve been with the same brokerage.
I work on a nationwide investor-friendly team, (teaching agents to become investor-friendly and to become investors themselves).
Working with investors allows you to work with fewer clients and do more deals.

If you have questions feel free to DM me.

Good luck - Darren