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All Forum Posts by: Josh Jacobsen

Josh Jacobsen has started 10 posts and replied 56 times.

Post: New Investor / Flipper / Agent from Las Vegas, NV.

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

@Brandon Turner I used to play in adult leagues against teams in Hoquiam, Aberdeen, and Montesano all the time. Unfortunately, that league folded so all of the teams I've played on and against in recent years have been Tacoma based. Not the minors, but still fun.

Post: Big box store employees

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

Among my responsibilities while I worked at Menards was hiring for my department. The above posts with comments like, "this is a retail job" and "they make $12 an hour" are spot on. Finding quality employees is tough, regardless of the industry you're working in, and let's be real - if you came into my store to fill out an application, it's not because you were "looking for a career change", or "always wanted to work at a big box retail store". It's because you're in between jobs or didn't have enough experience to get work anywhere else. If you were a journeyman plumber who made $70k last year putting pipes together, you're lying to me when I ask "how long do you see yourself working here?" by answering "about a year" or "as long as you need me". That guy lasts a maximum three months on the job, and truthfully, generally isn't very good at stocking shelves, learning product, or showing up to work on time. As a hiring manager, I'm looking for the guy who looks good, smells good, has a friendly demeanor, can carry a conversation, and tells me he shows up to work on time. I have a better shot with that guy than I do with the one who is going to leave me for bigger and better in a couple of months or less.

From the consumer's perspective, the expectation that the employees of big box stores should be an encyclopedic representation of what the consumer just read on Google is far from realistic, and from my perspective - unfair. The "resident expert" that was mentioned above should never be confused with the guy who wrote Google. The resident expert is  the guy who has been there the longest, read the most product labels, and knows where most things are kept. His word should be rock solid on those types of things, not "Will this Dewalt battery work in the Rigid charger I bought 6 years ago?" or "If I do this or that, will I meet code?" The consumer would never go into a grocery store and start asking the kid stalking asparagus for dieting tips and the right caloric formulas for weight loss, just because he's responsible for stocking produce and knows how to properly identify a gala or fuji apple. Why anybody would expect journeyman electricians to stock shelves in similar environments is weird. 

The OP's complaint about the hand held scanner is fair. I can see how that would be frustrating. I can not talk about the inventory systems at Lowe's or Depot, but I can talk about Menards. We had a "floor count" and an "overstock count", which came to a "at-store total count". The product on the shelf and in the mega racking both fell into the "floor count". For various reasons: receiving error, theft, lack of accountability - the floor count gets thrown off. If I made a comment like 'if I have it, it's up there' it means the computer is telling me I don't have any "in the back", and may have some on the floor that aren't actually on the shelf, so the only place I could have it is in the mega rack. Big Box inventory is hard to keep accurate, and I would get bonuses for having an 80% or better audit on my inventory. Departments like Hardware, Electrical, Plumbing are INCREDIBLY hard to get bonuses in. 

My question for @Sam Leon , why even bother calling HD about the ceiling fan? Why not call Hampton Bay directly? They know their product better than anybody else does.

Post: Sparkrent is closing?

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21
I just got an email that sparkrent is closing its website to offer a "better experience" thru quick books. What are you currently using for online rent collection? And what do you like about it?

Post: Homework Help

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

@Ian D.  find me on facebook or give me a call, 253 241 0324. 

Post: Homework Help

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

@Ian D. 

What's up Ian!? I've been back since June, and more recently hooping at the downtown Y, with the guys on MWF at 5am. Great numbers if you want to play!

Post: Homework Help

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

I'm also interested in an explanation on this one if anybody knows. Why would an entities reserve funds have an influence on an appraisal, unless the reserve funds were to be included in the sale?

11. Which of the following would an appraiser NOT consider when appraising an apartment building?

A. Vacancy rate and credit loses

B. Reserve funds for major improvements in the future

C. The depreciation of the improvements

D. The debt service on the property

Correct answer is D. The debt service or mortgage payment is NOT considered by an appraiser when determining the value of a property.

The correct answer is D. You answered B.

Post: Homework Help

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

I'm looking for clarification on a question from the Washington State Real Estate Course, if anybody is willing to weigh in. I think this is a bad question because of the shift from designated broker to client from question to answer, but does the answer change? Or is it still the duty of disclosure, regardless?

Thanks!

12.A broker is responsible for keeping the designated broker informed of all facts that could affect a transaction. This is known as the duty of

A. care.

B. obedience.

C. accountability.

D. disclosure.

Correct answer is D. The fiduciary duty of disclosure means the broker is responsible for informing the client of all information that could affect the transaction. It includes providing the proper documents that are used in a transaction such as the property disclosure form and lead-based paint disclosure forms.

The correct answer is D. You answered C.

@Bill G.

Post: One of my units got destroyed last night in a flood. What do I do now?

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21
Brandon Turner I haven't read the thread to see if anybody else has offered, but also having been a victim of a flooded basement unit, I'd love to make myself available for you on Saturday if you need an extra guy. I don't have a ton of contracting experience, but am a window installer by trade and was working in Minot, ND during its flood recovery in 2012. My basement flooded in 2013. Let me know how I can help, I'll clear my schedule for Saturday.

Post: Does a roommate count towards my 2 year rental income requirement?

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21
I pulled it off, but the underwriter asked a lot of questions.

Post: Man charged with breaking into foreclosed home he bought

Josh JacobsenPosted
  • Commercial Real Estate Broker
  • Minot - Tacoma, ND - WA
  • Posts 60
  • Votes 21

@Chris Martin I have an interest in the Boston Red Sox I'll sell you after you get your money from @Andy Yhendewll  . 

I'll see myself out. Thank you.