All Forum Posts by: Olivia Radziszewski

@Tyler Mehigan- I think it is a matter of preference! There is a high demand for properties that allow pets. There are certain safe guards you can put up. For example: making pet insurance mandatory, then your more standard pet rent or deposit. Ultimately, it comes down to what you are comfortable with. I always think it is a great idea to meet the pet. I also have seen it done where puppies are not allowed but calm adult dogs are to prevent the chance of crazy puppy behavior and damage. I think it definitely is a self directed choice and there is not necessarily a wrong answer! 

There is most definitely a risk, but every aspect of real estate comes with a risk!

@Chad George- for my first deal I ended up doing a 20% down conventional loan. Which for that time I believe was the right choice as I did not know much about investing and was having a hard time finding investor friendly loan officers. It was a condo that I ended up getting under market value for $127,500 so the 20% down was not that much. 

However, something it took me a while to realize was that it takes time to build a network and to build trust in people when it comes to investing. So although my first few deals were far from perfect, it did give me knowledge that I would not have been able to gain if I never took those steps.

Hi @Braeden Meier I would love to chat feel free to send me a PM and we can connect further!

Hi- to add onto the above post, you can find a partner who can help you with the deal. Maybe they are short on time and you can help them in that way. Look for ways to be an asset. You may not be able to finance a deal right now! You can still go to meetups and find ways to be an asset. Sometimes people with jv a deal with you if you help them find a property to purchase. Be creative and open!

HI-

I would not worry about throwing out the course, except for the fact that you spent thousands on it! There are plenty of great books you can read, I would look into books written by Brandon Turner or David Greene. There is also a Bigger Pockets podcast that you can tune into. I am under the belief system that a lot of real estate is learned through action though and that we learn through action. I am happy you are here, there are a lot of things getting thrown around about the market. I will tell you that there is a way to make every market work for you.

Hi. If you have an agent in your area you know you can also ask them for a lease. If you want to add anything you can amend it to add the items you want to add. There is usually an additional covenants/comments area. 

Hi welcome to the investment world! I would say the biggest lessons I have learned are that real estate investing does take time and you will make mistakes. But you can always learn from the mistakes you make so they do not have to happen again!

Hi!

Every appointment is different! I would come open and ready to adapt as you learn and listen to what the client is telling you they want. Definitely do some research before hand so you can rattle off some info for them. Such as houses that sold in the area recently that are similar to theirs. Knowing streets and exact prices is helpful to make yourself sounds very knowledgable. It typically takes trial and error, but the biggest thing is there is no one way! You need to listen intently to the client that you are speaking with.

I would not require her to renew her lease. I think think the important thing here is that you secure yourself, meaning pet rent or a deposit. However you would like to handle it. Just so if the animal causes any damage you can offset costs. You can have her renew a lease until the start of the next busy season if you are worried that she will leave and you will have a hard time filling the unit during certain months.