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All Forum Posts by: Grigory Pekarsky

Grigory Pekarsky has started 0 posts and replied 107 times.

Post: How to find more deals as a new agent?

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

As a new agent, it can be difficult to find deals that are available. You might even feel like you're banging your head against the wall trying to find anything. The truth is, there are plenty of deals out there and here's how you can find them:

1) Ask around - As an agent, everyone knows someone who's selling or buying. Don't be afraid to ask for leads from other agents in the area as well as friends and family members who may know of something.

2) Check out FSBOs - A lot of people put their house up for sale by owner (FSBO). These listings aren't always advertised, so it's important that you check Craigslist regularly as well as drive through neighborhoods with For Sale signs. Just make sure you know what you're getting into by going with a FSBO since there aren't many protections in place for buyers if they have trouble closing or have an issue with the property after the sale is complete.

3) Stay informed - There are lots of different websites and newsletters that can tell you about new properties on the market, including Redfin or Better Estimate, which I check regularly. You might also want to sign up for alerts from your local Board of Realtors or MLS [multiple listing service] . In addition, it's important to check out your local newspaper as well as look through your daily mail so you don't miss anything important.

Post: How to get title insurance fast on a foreclosing house?

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

Getting title insurance on a foreclosed house is not as easy as it sounds. When you purchase a foreclosing home, the bank or lender will be in charge of selling off all of the assets and debts that were left behind by the previous owner. This means that getting your hands on clear title can be difficult. Reach out to the real estate lawyer to find the most effective solution. 

Post: How to invest w/ no money out of pocket

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

If you want to invest in rental property but don't have any cash of your own, there are still ways for you to get into the game. One way is if you purchase a duplex and live in one side while renting out the other. Another option is finding an investor who will partner with you on a project - they'll put up the money while allowing you some say over how it's managed. If either of these options sound appealing, it's better to consult professionals for a fee so that they can provide guidance on any legal issues or liability concerns associated with owning rental properties without investing any capital yourself.

Post: The Essential Guide on How To Build and Promote Your Buyer's List

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

Many people are looking for the secret to building and promoting a buyers's list. The truth is that there is no one-size-fits all solution, but there are many ways to build your list and increase the size of it. Thanks, Steve! Your compilation of topics will gives you an overview of steps you can take today to grow your list with ease.  

Post: What will be the impact of the Coronavirus crisis on real estate?

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

Real estate has already been hit hard by the economic downturn, caused by pandemic. First-time home buyers are having a tough time getting approved for mortgages , which is why it's taking them longer to make purchases. Even once they do start buying, their choices are much more limited than before . Housing prices have also taken a nosedive in many parts of the country, and rental rates continue to increase as more properties go into foreclosure. 

Post: Tenant Applicants say the dumbest things

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

It's not always what they say, but how they say it. We all know that we should never judge a book by its cover, but with rental applications sometimes you can't help but make assumptions based on one's appearance. There are many stories of applicants coming in to an open house wearing sweatpants or flip-flops and then proceeding to ask for the rent amount upfront without even looking at the property. One of the most popular cliches are 1. "I'm a great tenant." 2. "I have a steady job." 3. "My credit score is 720." 4. "I can afford the rent." 5. I don't smoke or drink alcohol" 6. “No one has ever said anything bad about me in an interview before, so why would it be different with you?" 7. “What are your hours?” 9. “Do you offer any discounts?” 10 ."Can't we just do this online?" 

Post: Finding motivated sellers (my list)

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

A lot of homeowners are hesitant to sell their properties because they may not be able to find a place that suits them or their family. However, with these tips from Kenneth, you'll learn how to find motivated property sellers in no time! Thanks a lot for this wonderful compilation. 

Post: From 0 to 1,000 Posts - How Contributing to BP Breeds Success

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

Brandon, I am new here at BP and I find your experience extremely inspirational. I joined Bigger Pockets Real Investment Forum to follow along with all the latest happenings, make new connections and learn from experts. I believe that everyone who is serious about investing in real estate like we are, should become a BP member. 

Post: Anyone else feel like the forums are losing value?

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

While many agree that real estate forums were once a great place to meet like-minded individuals or get advice from experts, I now feel as if these sites have lost their value. It's become more difficult than ever to find valuable insights and information because so much of what's shared on these sites is either useless or incredibly biased.

Forums were originally intended to be used as a research tool: forums were designed to connect people who either live in or wish to buy/sell homes in specific area. This allowed those who needed information about their neighborhood (e.g., crime, schools, etc.) an opportunity to hear what others had to say. A lot of the information here is user-generated and anecdotal but it's still valuable because you don't have to take it from strangers on TV or radio – local homeowners are sharing their experiences with you right at the source. 

Today forums are treated as a message board or blog platform for those who like to rant and rave about their opinions on topics they know nothing about, and this is why we're seeing more and more forum resources go offline. They're either shut down by moderators due to abusers posting libelous, slanderous and disruptive content or website owners with an ethical moral compass that won't allow them to support hate-speech. 

Post: Coronavirus and late or no rent payments

Grigory Pekarsky
Agent
Posted
  • Real Estate Broker
  • Chicago
  • Posts 108
  • Votes 23

If you are a landlord, it is often difficult to know what the best course of action is when your tenant cannot work due to illness or injury. There are many factors that need to be weighed before making any type of decision.

For example, if you have a tenant who is unable to pay their rent because of an injury or illness that was not caused by them or their guests, does that mean they are able to break the lease? Or how will this affect eviction proceedings if your tenant's inability to pay is due to an act of nature? If your tenant breaks the lease agreement by failing to pay their monthly rental fee, then eviction actions can commence. As long as there has been no previous agreement made between yourself and your tenant regarding non-payment situations, you should be legally excused from the hard times your tenant may be experiencing.

While you cannot forcibly evict a tenant because they are behind on their rent, it is still possible to begin formal eviction proceedings if your tenant does not make an effort to catch up with or pay past-due rent. This process should only be entered into by landlords who have exhausted all other means of resolving the issue peacefully and amicably with their tenants first.