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All Forum Posts by: Kyle Calica

Kyle Calica has started 8 posts and replied 27 times.

My girlfriend works in the event business she's able to work once a week from Las Vegas every or every other month as a contractor. 

I work remotely full time. 

We were thinking about hotels but I realize homes are very, very cheap (I was seeing apartments with or without HOA fees between $700-$1000).

We now think it might be better to purchase a home close to the university or the Strip. 
Airbnb or vacation rental the days we are not in Vegas. 

Has anyone done anything like this? 

I know people panic about downturns in Vegas and etc. 

But my backup plan was just to rent to college students when the future outlook doesn't look great. 

Or just pay it off during the down months since the cost is equivalent to a car lease for us (we don't lease a car but the monthly mortgage payments are about the same if we did lease a car). 

Obviously this would be after the pandemic. 

Originally posted by @Drew Sygit:

What you're referring to is an agent that works with buyers. Allows you to schedule time with them as you are available.

Two major problems:

1) Where will you get buyer leads from? You may want to contact the agent teams in your are to see if they are hiring.

2) Working with buyers can be a big waste of time - you "think" you're doing a great job and show them 30 homes, only to have them sign a contract at the last minute with someone else. Protect your time!

Yes, I'm thinking about avoiding being a buying agent. 

I want to work in the industry and keep my current job as well. 

I've seen so many people have part-time gigs in real estate but I don't know where they are finding them. 

But I see them anytime I'm looking for a lease or buying a property. 

Originally posted by @Daniel Antonetti:

I would talk to Redfin.  I believe they have people that

1) Do the logicstical work for making an offer and setting up the paperwork, but do not do onsite work.

2) People that show the houses to buyers, and do open houses.

3) 3rd party agents for properties / areas that they do not work in directly

Yes, I saw Redfin has agents that just get paid to show homes or run an open house. That's where I was thinking about starting in fact. 

I am close to getting my RE license (one class and the test). 

But I already work a 9-5 position (but it is usually remote). 

I want to get into real estate investing but I want to be able to work a bit in the industry before jumping in. 

What gig or contract or part-time positions are there with a RE license that I can do around my 9-5 in the NorCal/Oakland area?

I remember an agent was showing me apartments for rent and houses for sale. 

And she told me she was not the listing agent nor selling the house, that it was her side gig to show places and do other things. 

What is her position? Are there more positions I can do on the side like that in the RE industry? 

Post: Falling rents in Bay Area?

Kyle CalicaPosted
  • San Francisco, CA
  • Posts 27
  • Votes 7

@Annie Akin WOW! Thanks, I didn't know of this resource.

I love it! 

Post: Falling rents in Bay Area?

Kyle CalicaPosted
  • San Francisco, CA
  • Posts 27
  • Votes 7

@Stephanie Chiramberro thanks for the insight! I'm wondering if it's because of what Robert said. I'm looking at sub $2000 rents and I'm just because I am seeing more of those doesn't mean rents, in general, are dropping. 

Post: Falling rents in Bay Area?

Kyle CalicaPosted
  • San Francisco, CA
  • Posts 27
  • Votes 7

I'm wondering if anyone else is noticing falling rents in the Bay Area? 

I've been looking for a new place and have alerts. Lately, these alerts have been going off a lot more than usual. 

I see a difference from last year as well. But these are rentals specific to my search.

I don't have a big enough data set or view to determine if rentals, in general, are sliding. 

Any comment on this from professionals in the field? What is the trend in the market now? 

Post: Real Estate Contract work with Sales License?

Kyle CalicaPosted
  • San Francisco, CA
  • Posts 27
  • Votes 7

Currently, in my last two classes for my Real Estate License. 

I'm wondering if I should even pay to get my license now though since I'm not planning to go full time, I really do take part in the industry.

I currently have a full time job as a data engineer and do very flexible as-needed gig jobs (sign up for shifts) like valet, photographer assistant,  DoorDash, Uber, etc. 

But I was wondering with a sales license is there something similar I can do at an entry level that would make enough to justify the fees for the license exam and relator membership fee? 

Transaction coordinator? Showing Agent? 

I remember some girl showing me a rental said she only does showings and background checks and it was a side gig for her. 

Post: Finding partners and an investment group?

Kyle CalicaPosted
  • San Francisco, CA
  • Posts 27
  • Votes 7

@Mike Taravella yeah I've been trying to find local meet ups but they don't have them as frequently as I like or the ones around me are not available. I'll probably put more effort in attending one this month and if it doesn't work out I'll reach across here and reddit to create a meetup. 

Post: Finding partners and an investment group?

Kyle CalicaPosted
  • San Francisco, CA
  • Posts 27
  • Votes 7

@Oleg Shalumov yup that's what I was thinking I'd have to do. Basically, get under myself and then find people who'd want to invest in it with me. But that means I'll have to have the capital all on my own, but then again being this new I should definitely have my bases covered before jumping into any deal and not hope to get money.