All Forum Posts by: Jenni Utz

@Keith Weiss I’d recommend contacting a local Realtor or Appraiser. They have numerous avenues to help determine value.

@Brian OMahony when you put a Realtor on flat fee or salary the results can be staggering. Take a look at Redfin. Their customer service level is at an all time low. Last I checked they are around 2 stars.

If you are hiring the right agent, part of their fees should be for their experience and network. For example in my area, I am the go to for multi family investors. I have built my network and 8/10 times I can sell their building without it hitting the MLS.

You want to ensure a smooth transaction and hiring an expert to do that is key. It is the same with any other industry. You wouldn’t hire the cheapest heart surgeon, etc.

I completely understand investors looking to save money and get the biggest bang for your buck. When you have the right team in place, they should be an asset and not a liability. The right Realtor should be able to make you more money, negotiate better, and bring you more deals.

I would recommend going to a local real estate networking group. Usually there are a few HM and PM lenders in attendance.

Hey @Tadela Tedemet how are you? I am a Realtor and Property Manager in Baltimore. Would love to connect!

Sometimes I have found that you can read books and blogs until you are blue in the face. But nothing beats going out there and just doing it. I have done several owner financing deals and the first one was bumpy as I was learning. But as long as you and the seller agree on the general terms, and you have a solid real estate attorney to draft all the documents, you are good to go!

I am wondering why you would hire an assistant over a property management company? As they are the professionals in this field, I would trust a boots on the ground professional manager. Especially with 55 units!

Several of my investors applied for a PPP loan and was granted the loan on their investment property through their LLC.

HVAC Maintenance fee- add this fee and automatically ship filters to the property quarterly. The filters have the date on them and when we do an inspection, we can quickly see if the filters have been changed. This has been great since it helps on monthly expenses for the tenants utility bill, and it cuts expenses for the owner, as HVAC can be a large ticket item. Win-win for everyone. 

Postcards, ads in local paper, property managers, Estate attorneys, divorce attorneys, contractors, and other investors!

Hey @Zach Neff do you have any family or friends who would be willing to be your bank while you invest in Real Estate? You could either go in as partners or they can be a private lender. Also, you could look for deals where the owner is willing to hold financing. If you have some cash, you could invest with a syndicator into larger apartment complex and have a small piece to a much bigger pie!