All Forum Posts by: Jason Cook

The world of construction is changing rapidly, and 3D printed homes are grabbing headlines. With AI streamlining processes, these homes are becoming more affordable and customizable, potentially offering a dream come true for many.

But here's the question I have for all you savvy real estate investors: could 3D printed homes become so commonplace in 15 years that they significantly impact traditional US real estate prices?

We've all seen the potential benefits: faster construction, potentially lower costs, and the ability to design unique living spaces. But what about the downsides? Durability in harsh environments, long-term value, and integration into existing neighborhoods are all factors to consider.

I'm curious to hear your thoughts! Are 3D printed homes the future of housing, or just a passing fad? How do you see them impacting the real estate market in the coming years?

Let's get a discussion going!

Jason

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I don't make much on Airbnb($3k-4k) a month but my Airbnb is rented out at 92% occupancy rate which is great and get about $6k/yr more than what AirDNA states I am getting. I think I am pricing my unit pretty well with the high occupancy rate but not sure of the ROI if I purchased Pricelabs. I have had my Airbnb for 2 years now and it is a small condo 2bd/2ba so have been doing well since but not sure if this would make a difference.

Cheers,

Jason

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Hi John - I am! I have about a year and a half of experience. Do you have a specific area in mind I am able to look into?

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Hey everyone! Just recently joined the community and Airbnb hosting in the Raleigh area about a year ago. I was able to get superhost status as I know many of you have been achieving that for years now

I was wondering if there was a community or a place to go with hosts in need of additional support co-hosting? Totally enjoy hosting and would love to help support others to achieve superhost status and welcome newcomers and tourists to the area!

Cheers!

Jason

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Hello - Considering refi my current home to use that money on my next purchase but not sure if this would be the smartest decision. Seems like a high-risk opportunity. Thoughts? Nearing a recession?

1st home - House hack. Rent at 725 one room. Master for 825 and when I move out I can get 675. So a total of $2,225. --> Refi - New mortgage $2,200. Cash-out $85k. The old mortgage is $1,108.

2nd Home - Airbnb - Profit $700-$1,000

The home I could like to purchase would be around $350k and house hack again.

Or do I wait until January to claim the Airbnb income on taxes to go with an FHA loan?

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Quote from @Ray Hage:

Quote from @Jason Cook:

Quote from @Ray Hage:

Quote from @Jason Cook:

Hello, as the question states I was wondering if you are able to be a part-time real estate agent maybe on the weekends or after hours for work?

I am currently an Engineer that makes about $70k but my true passion is real estate as I have a few real estate investments and knowledge on market trends. I know real estate agents make less but wondering if it would be smart to maybe start as a part time agent on weekend if that is a thing? For those that are agents do you enjoy your career and would you recommend a career in real estate?

Thanks in advance for your replies! :)

Jason

Well it's going to depend on how flexible your engineering job is. Do you have to work at an office and are the hours strict? If yes, it will be difficult to be a part time agent if you can only work at night and weekends (meaning phone calls, texting clients, showing apartments, writing up contracts, etc). I am a part-time agent but I have a very flexible schedule so my clients never have to wait long for responses to questions or days to see a house. To be successful as an agent, you need to really put your clients first. If they feel you can't cater to their schedule or timelines, it'll be impossible to take them from potential to true clients.

Great points! Thanks for your reply! Are there real estate jobs that only work on the weekends maybe as an assistant to real estate? To at least get exposure the the real estate side. From what I am hearing there are a lot of challenges with being a part-time realtor and totally get it and I think I was trying to gauge if there is part time gigs that are in the same area in the real estate side.

My job can be flexible as I run an Airbnb am constantly interacting with guests throughout the day to help with there needs. Realtors do need to make a lot of sacrifices for sure. Just wondering on guidance on getting involve in the real estate side before going full time.

I just want to be clear, I am not saying "Don't become a part time agent". The biggest walls holding us back are usually in our minds. That being said, I strongly suggest you take the real estate course in your state so that in the future, you can take the state exam and get your license if ever decide to leave engineering. The course will teach you a lot even if you never become an agent. In FL, one of the more popular courses comes from Gold Coast Schools. I am sure there is some equivalent in NC so you'll have to ask a few good agents who they recommend. It sounds like you are already getting great experience in STR management! My advice would be to find a brokerage that would be willing to let you work part time and shadow an agent or broker to at least see some of the day to day stuff they may have to deal with. Maybe they can call it an "intern" position. Unfortunately, they will physically be in the office only during the week as most realtor work on the weekends is not at the office but I suppose you could shadow them if they show houses on weekends and see how they interact with clients.

It’s good that your job is flexible so it sounds like there is a possibility to do it. Let me give you an example, you have a client that works 7pm-7am (think of a nurse or doctor), they tell you they are really only available to physically go and look at properties 8a-10am or 3-6pm. You have to ask yourself some questions: Are you able to show houses and then work your engineering job before or after an appointment? If you quickly need to make changes to a contract and get it out to your clients, are you able to stop working the engineering job and work on the contract for a few minutes and email it out? You may want to consider doing the shadowing first before jumping into being a realtor (even as a part time one). Don’t risk your current income till you are really ready, both financially and mentally, to make the jump

Great advice! Thanks so much for the input! Like you said the first step is to get the license needed and get intouch with some brokage agents and really fully invest! This does put a lot of things in perspective so appreciate it!

Thanks for the support! :)

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Quote from @Steven Foster Wilson:

Quote from @Jason Cook:

Hello, as the question states I was wondering if you are able to be a part-time real estate agent maybe on the weekends or after hours for work?

Thanks in advance for your replies! :)

Jason

I think you will struggle to keep your clients happy. If you cannot answer your phone or write up a deal when they want they might move on. Who says you will make less than 70K? I think it is all about how much you hustle and put the time in.

I love being a Realtor. Real Estate is one of my passions and I enjoy pretty much everything about RE. I find is so much joy when I find my clients great deals. I feel like I am a part of their bigger picture, one deal at a time. I have never regretted jumping full force into RE.

Go for it! If it is really your passion then what is holding you back?

Thank so much for the encouragement. I real do have that passion for the real estate game. I think the big thing is when you have family and friend influence of getting an engineering degree to change completely to a new role kind of gives you judgement all around. I know I could be very successful and put in the time in beginning could be a challenge but I think its that initial leap and people surrounded you of nag sayers.

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Quote from @Ray Hage:

Quote from @Jason Cook:

Hello, as the question states I was wondering if you are able to be a part-time real estate agent maybe on the weekends or after hours for work?

Thanks in advance for your replies! :)

Jason

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Quote from @Bruce Woodruff:

Of course you can! You can work at RE as many or as few hours as you want to....

But do you want to help others buy/sell houses, or are you going to be an investor? If you are helping others, you may find it hard to limit yourself to weekends....what if a deal is falling apart on a Wednesday afternoon? You must be available to assist your clients.

PS - Many agents make far more than $70k per year..... :-)

Would I still be able to work a 9-5 job though and not have conflicts as a RE? Like a Wednesday afternoon normally would not work for me as an example. Also I only hope to purchase 1 new property a year so I assume those situations wont pop up too often.

Thanks for the quick reply! :)

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Hello, as the question states I was wondering if you are able to be a part-time real estate agent maybe on the weekends or after hours for work?

Thanks in advance for your replies! :)

Jason

0 Votes

All Forum Posts by: Jason Cook

Jason Cook has started 16 posts and replied 27 times.

Post: 3D Printed Homes - Revolution or Fad?

Post: Is PriceLabs worth it

Post: Co-hosting Airbnb Opportunities?

Post: Co-hosting Airbnb Opportunities?

Post: Refi to purchase 3rd property?

Post: Can you be a Part-Time Real Estate Agent?

Post: Can you be a Part-Time Real Estate Agent?

Post: Can you be a Part-Time Real Estate Agent?

Post: Can you be a Part-Time Real Estate Agent?

Post: Can you be a Part-Time Real Estate Agent?