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All Forum Posts by: Jason Xenakis

Jason Xenakis has started 4 posts and replied 8 times.

Post: Columbus Ohio Short Term Rental Recs for Home Services: Handyman and Cleaners

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21

I am closing on my first short term rental property in Columbus Ohio. Does anyone have any good recommendations/referrals for some stellar handyman or cleaning companies? Thanks so much in advance. 

Post: Physician in Public Service Loan Forgiveness program

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21

Hello. My wife and I are physicians that like in CT and work in NY. We plan on purchasing our first out of state LTR. I am enrolled in Public Service Loan Forgiveness (PSLF) program and need to pay 10% of my taxable income towards my student loans. My wife and I file separate because if we filed jointly we would have to pay 10% of our combined taxable income. That said, should we put our real estate investment in my name or hers? I am assuming if the property generates income it would be better in her name. Any help would be greatly appreciated. Thanks.

Post: Real Estate Dating App

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21
Quote from @Rene Hosman:
Quote from @Jason Xenakis:

Hey guys. New recruit here. I met my wife on Bumble. Online dating apps are all about the numbers. More swipes, more interactions, more dates. This gave me the opportunity to meet the girl of my dreams. How can I make my real estate investing game as efficient as Bumble? I don't want to scroll around Zillow and see something shiny and type the numbers in some calculator. This to me seems akin to going to a bar to pick up chicks. I want an analytic platform that updates in realtime when properties are listed with a multivariate analysis of each properties. What software should I look into? 



Hi Jason! This is exactly what we here at BP aim to help investors and soon-to-be investors with! We have worked really hard to build and provide tools so that there's a low barrier to entry (well, as low as it can be in Real Estate anyways) 

Here's my rec that could have you looking at dozens of pre-analyzed deals in less than an hour 
1. Start with our Market Finder tool and use it to look at different areas of the country that interest you, then really hone in on 1-3 markets you want to focus on. If this seems daunting then you can start with the Top 100 Cashflow Markets that we put together and just pick 1-3 markets from there. This is just for practice for now so the most important thing is just looking at the numbers to gain an understanding, don't put too much pressure on it at this point, it's a muscle you have to build by doing reps. 

2. Once you've identified markets you want to look into, head over to the on-market deal finder and start putting in zip codes you've identified and specify your personal requirements for investing. What this tool does is it takes active market data from the MLS and shows you the basics of the properties already analyzed for you. 

These tools are available to pro and you can test drive them with a free pro trial as well. If you have any questions about that - message me!

The best we can do is give you the tools to help analyze deals faster, from there real estate is so subjective and often "one mans trash is another mans treasure" so it's really about getting your brain used to looking at these numbers.

Once you know your market well enough, your brain IS this tool for you because you can look at a house when you're driving down the street and have that gut knowledge almost right away if it's in a good area, what price point you'd need to hit to break even, how many beds are desirable, etc!

 Thanks Rene. This was super helpful. 

Post: Real Estate Dating App

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21
Quote from @Bradley Buxton:

I like the idea of Property Bumble and just swiping left and right. We have a system at our brokerage that might be close.  We scrape rental data, underwrite the entire market all at once, assign a renovation level, and rank them on their cash flow potential. Based on the strategy the investor can sort and filter based on their buy box. It is only limited to the Reno Tahoe, NV market for now.  We are building out a chatbot that you'll be able to ask investor relevant questions. Leveraging technology can be quite a time saver.

This seems like what I would want. Something that scrapes the data and organizes my list of properties before I start evaluating. Then of course would need to go in person and evaluate. I'm just surprised there is not any analytical software that people are using that does this already.

Post: How do you effectively choose a real estate agent: The Real, Real Estate Agents?

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21
Quote from @Michael P.:

Aren’t doctors busy enough why do you want the headache of some random house in some random city. Is it a romantic notion of getting rich in real estate investing.


 We are way to busy. That the problem. I need a retirement strategy. 

Post: How do you effectively choose a real estate agent: The Real, Real Estate Agents?

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21
Quote from @Remington Lyman:
Quote from @Michael P.:

Aren’t doctors busy enough why do you want the headache of some random house in some random city. Is it a romantic notion of getting rich in real estate investing.


 There is a guru course that is pitching them on buying real estate so they can change their tax status to real estate professionals


Yes I've definitely seen this at conferences.  

Post: Real Estate Dating App

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21

Hey guys. New recruit here. I met my wife on Bumble. Online dating apps are all about the numbers. More swipes, more interactions, more dates. This gave me the opportunity to meet the girl of my dreams. How can I make my real estate investing game as efficient as Bumble? I don't want to scroll around Zillow and see something shiny and type the numbers in some calculator. This to me seems akin to going to a bar to pick up chicks. I want an analytic platform that updates in realtime when properties are listed with a multivariate analysis of each properties. What software should I look into? 

Post: How do you effectively choose a real estate agent: The Real, Real Estate Agents?

Jason Xenakis
Pro Member
Posted
  • Posts 8
  • Votes 21

Hello folks. First post. Happy to be here. My wife and I decided to  start out of state rental investing in Columbus Ohio. How can one, who has only rudimentary knowledge in real estate without any boots on ground experience (read a few books), effectively choose a real estate agent? We are both physicians and relatively intelligent humanoids, but without knowing what you don't know, it seems a difficult task. Is it about first impressions? The vibe? What are some red flags? What nuanced questions can I ask? Thanks in advance!