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All Forum Posts by: Larry Littrell

Larry Littrell has started 12 posts and replied 54 times.

Post: Best Managing Broker In WA State

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

Hello fellow BP'ers. I will be taking my RE brokers (used to be called agents) exam in Wa state soon and was wondering if anyone had a recommendation for a "investor friendly" Managing Broker.

I am getting my license but mainly for access to the MLS, listing properties I don't buy and helping family members out as well.

Looking for a reasonable fee to hang my license with some support. I hold a full-time job and will be using this to help my investing.

Post: Can You Help Out BiggerPockets? (Pretty Please...)

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

I reviewed it @Brandon Turner , but only because you said "pretty please" ;)

Post: Anyone start late in life?

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

@Andrew S. I will be turning 49 in six months so I can definitely feel the big 5-0 looming on the horizon. I am starting to take action toward getting my first flip. I will be flipping to pay off some consumer debt and build some capital. I plan within a couple of years to use both buy and hold and flipping for exit strategies.

Flipping is great but provides no passive cash flow so rentals are in the future for me and I can always use Property Managers if I get tired of dealing directly with every little problem.

I am also developing my long term business plan and gaining a ton of knowledge, I may still work full time until I'm 62 or so.

I live in an area (Seattle area) where cash flow properties and easy flips are nearly nonexistence. Especially at a price point the meets my criteria. I have found the there are places within an hour of my place that do work so I am looking there as well.

Good Luck and go for it !!

Post: Downloading podcasts onto Android device

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

I just open it in my browser and then hit the download button and it automatically starts, Works on my Droid.

Post: Networking Meeting 9/5/13 Snohomish/King County, Washington

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

I'll be there! Also it's "Grilla Bites" in case someone is trying to Map it.

Post: Upgraded to PRO and bought "the books"

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

I upgraded to BP Pro recently and got both J.Scott books! I have read the book on flipping houses and have looked through the book on estimating rehab costs. This is the best info I have found to date! Easy reads....like a textbook but at the same time makes you want to keep reading. I know this is money well spent.

Post: Trying to come up with a brand...

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4
Originally posted by Ben R.:
Find a domain name that is available, easy to remember, easy to type, and easy to say, that works with your LL namesake or whatever basic component you end up with in the name and work from there...You may find that keywords like property, real, investments, etc, won't work for you...

Thanks Ben

Post: Intro from SF Bay Area

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4

@Cory T.

Welcome! From another new guy from Seattle area! There is a ton of info on this sight it totally rocks!

Post: Trying to come up with a brand...

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4
Originally posted by Ibrahim S:
Didn't say it was unimportant. I said that it was unimportant right now. I'm assuming that you have a proven marketing strategy in place that will bring deals according to your criteria? Have you spoken to experienced investors in your local area to gauge the importance of a brand? As both a Realtor and an Investor I found that people care less about company names and brands and more about integrity and reputation. In fact in some cases company names/brands can hurt you since many sellers sellers are often turned off and/or intimidated by fancy sounding company names. They would rather work with someone who is easy to talk to, knowledgeable and local to the area. That's just my experience and maybe someone else will come in from a different perspective.

BTW, I too love the name @Dawn Anastasi suggests :) Now time to go get some deals :)

Ibrahim,

Thank you for clarifying this. You make some valid points. I will take this info in. There is a lot of conflicting opinions about appearing professional in every aspect versus being more approachable.

Post: Trying to come up with a brand...

Larry LittrellPosted
  • Residential Real Estate Broker
  • Monroe, WA
  • Posts 56
  • Votes 4
Originally posted by Ibrahim S:
Forget a brand. In my experience, it's not about a company name with many sellers and buyers in this business. It's about building trust and being able to do what you say you're going to do. It's about being able to find a hot deal in a hot seller's market. I feel that you are focusing on the wrong aspect of your business right now. You're ready to name and hang your shingle without (unless you've posted elsewhere about it) any idea how to bring in customers.

I fail to see how naming my business is unimportant. I have been researching, meeting people and trying to determine the needs in my community. I am not looking at wholesaling. I need only a few deals a year right now. I want my business name to portray my professionalism. I need to establish that early on for everything from business cards to a web presence.