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All Forum Posts by: Patric Sepulveda

Patric Sepulveda has started 3 posts and replied 22 times.

Post: Questions from Growing Agents

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

To all of the more experienced BP Real Estate agents out there, what are some of the platforms that you are currently, or used to use in order to expand your business? I just got my license and immediately found the opportunity to work under a builder in the area, but I am sitting in houses and waiting for people to come in. This is not aggressive enough for me (plus I need a career with jeans! lol).

I have looked at Zillow premier agent, BP Premier, etc. Have these worked for you? What strategies did you employ? What worked and what didn't?

Thank you so much in advance from all of the newbie agents who you are helping!

Post: I Lost My Small Claims Court Case:

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

Heart rate and blood pressure just spiked. I wish I had a magical expertise or advice for you on this one. Super frustrating.

Post: Is house hacking a good idea ?

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

@Courtney Trahan wow that is a great idea. People totally look at you differently when you say the owner, vs the PM. This is a great tip that I havent seen passed around very much.

So while looking up a neighborhood for one of my clients, I found bestplaces.net and you can look up any zip code in the US, and they also have a "find your best place to live quiz" It was a really cool resource that I use all of the time now, and I found out that my fiance and I best fit in Flagstaff, Az.

Post: How Risky Was Your First Deal

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

@Brett Tvenge wow that sounds like a great deal. How did you find that short sale?

Post: How Risky Was Your First Deal

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

Post: How Risky Was Your First Deal

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

@James Bradin Yeah, I think that it was the Real Estate Rookie podcast where someone said that House-Hacking is like real estate investing on training wheels. I am looking to make my first investment as a house hack. It's interesting to hear about different markets though, because here in Phoenix, there are a lot of multi-unit properties where a reasonable rent would only just meet the mortgage payments. What resources did you have/use when you ran your numbers for that first deal?

Post: How Risky Was Your First Deal

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

Hi everyone!

So we all hear the success stories and how people took big risks to get big payoffs. But that makes some people uncomfortable. So how risky was your first deal? What were the things that almost scared you away but you found solutions to and overcame? 

Post: Cross country mortgage

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

Hi Gavin, I am also an agent, but from the Phoenix area, and I am actually in the middle of refinancing my home with Cross Country. I have been so happy with their service and their principles and values. That being said, they have a bit of a Franchised structure. For example, I went with Cross Country Mortgage, the Lizzy Hoefer Team. Find a way to get ahold of your local team at Cross Country, and ask them simple questions, such as why their team joined cross country, etc.

Post: Can’t find college renters due to COVID

Patric SepulvedaPosted
  • Real Estate Agent
  • Phoenix
  • Posts 27
  • Votes 49

I think that the first thing that I would do, is call all of the campuses (Community Colleges and Universities) and ask when they are going back to in person classes. Ask a few different academic advisors between the different colleges. Better yet, go a step beyond that, research what those local colleges are best for (nursing, law, etc.) and ask THOSE academic advisors. 

Then draw a game plan that just reduces your cost until that in-person start date. AirBnB, working classes, etc. I think in your situation, it is just a waiting game and the market is testing how long you can hold on to the property.

These are just the steps that I would take if my goal was solely to hold on to the property and rent out long term.