All Forum Posts by: JJ Jackson

 That did it! Thanks again, Logan.

Thanks, Logan!

Hi,

Need some help from my fellow Utah agents: my non-MLS, license-parking realty that I was attached to just dissolved. I used it to collect referral fees for the real estate match-making part of my career.

Do any of you have recommendations in the state of Utah for me, especially in St George / Southern Utah, though anywhere in state should work?

Thanks.

Josh

One thing I want to add to all the great advice here is it should be email for sure 100%. Not text. Email is easy to find again, and email is more permanent documentation. 

Thanks again for the responses.

 @Jacob Sampson Your reminder of the fundamentals, broken down to three questions, is a good guide any investment is a good reminder. Again, my response to your list of companies was way off topic, just exposing my cynicism over amoral businesses that profit off both sides of conflict.

@Eric Carr  loved your list of how Crypto may indeed be based off of fundamentals. It is hard to find info on crypto as the partisans are so passionate on both sides, and the background/informative sources are usually too elementary. I have found some better sources, along with your input this week.

Josh

Interesting.

I was thinking along these lines when I took a "Block Chain in Real Estate" class a couple of weeks ago. The presenters were promising us that the knowledge would put us on the cutting edge and help us stand out, but I wasn't seeing it. My ability to do a deal with block chain and crypto isn't based on my knowledge or willingness as far as I could tell. It seems it will based on the tools in public use. The municipality's record keeping system, the title company, the doc signature services like docusign and dotloop, etc. But that is why I am asking. I want to know what I am missing. 

Thanks for the insight on block and crypto, @Matt R. and @Eric Carr .  As you mention, follow the fundamentals, not the trends -- do you have any concern about the government policy getting in the way of the free and open trade?

Josh

Well, I realize I am months (even years) late to this discussion, and my comment isn't even on the overall theme, but just a response to this one argument: Jacob, are you saying that these companies made failed bets on a failed Nazi Germany? They made their money. In fact, most made money betting on both sides. Or "investing" on both sides to use the more acceptable terminology.

All of you that commented thoughtfully over the years: wow, some helpful insights thank you.

All those that were snide. Ha. Choose your day and you can still primp a little about your smartness, but overall . . .

So, asking as someone just now studying crypto seriously -- and admittedly motivated by that risky fear of missing out -- what are your current thoughts on the topics of bitcoin generally and/or blockchain in RE?  @Matthew John  @Eric Carr  others?

Josh J

St George, UT

For Washington County, commercial loans if you go multiunit, I love Kelly West at Cache Valley Bank. 

For traditional, love Taylor Madsen at Castle Cooke Mortgage. Both get things done! Reach out by direct message if you want contact info.

For Washington County, commercial loans if you go multiunit, I love Kelly West at Cache Valley Bank. 

Hello, Chris, 

I am a St George area investor and realtor. Vacation rentals are indeed booming. What are the numbers looking like for your buddy that's in the space? I would start there.

Two sides: On the one hand I don't see the area growth or the vacationers slowing down anytime soon. We offer too much to the people who are running away from other places. On the other hand, you are right to be concerned about the build build building of more and more vacation homes. Four different projects are just in my backyard alone (Santa Clara) . The first people into the first project are making bank as they racked up a lot of early reviews and were buying for around $300k a unit. Now the units for 500k or 600 or more. The main model that seems sustainable are the people buying it in a company names and use it for vacation homes and semi vacation rental on the side and don't really care when it doesnt rent. 

One niche that is strong and I think very sustainable is buying these units large enough to stuff 24-person sports team into, as there are many camps ard ghdre or four major sport tournaments a weekend throughout most of the year.

So, I know this is a wishy-washy answer, but mixed results. One of my buddies is stoked witb his holding, but my accountant got out of his. I got out of my own that was closer to Bryce than Zion. 

As you can probably tell, this is not my specialty as I'm answering more generally and emotionally rather than with cold hard numbers. I could definitely put you in touch with a buddy/agent do I think is best at the field. He knows the numbers, was the in-house agent on a now sold-out project, owns  at least a couple himself, and is very honest.

Josh