All Forum Posts by: Rudy Vazquez

@Rita Davis

It varies, can be anywhere between $300 - $500.

Hope this helps a bit. 

@Bridget A. If, I had to do it all over again. I would start in a Duplex, live in one and rent the other. And I would try not to use all your cash, unless absolutely necessary. First step is, get a good local lender, and find out your budget or your comfort monthly budget on a purchase. Also, ask the lender how soon can they close, once an accepted offer is made. The sooner the better. Anything over 31 days is slow, and will make your offer weaker to the Seller. And 100% agree with you, always look for properties that you'll like to live in. Anyhow, there's a lot of pockets here in L.A., hope this helps a bit.

@Roman Rida, 

Hey Roman, depending on the size of your family, and finances, I wouldn't rule out a duplex first from there you can branch out to your Single Family home. And as for duplexes you can also take advantage of the 3.5% down, price cap at $980K. There are variations of duplexes and scenarios. FYI - obviously, anything less than 20% down, you would pay PMI.

@Ian Goodstein

Welcome Ian, 

Let me know whereabouts in L.A. you're particularly interested in. I know of a few properties in the next month or so that will be coming up on the market.

Anyhow, if you need any help, you can reach out anytime. 

-Rudy

@Shiloh Lundahl You have a cute home and that rate you got is very good, but as far as the 10K, you will not get that back when selling it. I eat at a restaurant from time to time called Pinocchios, not sure if you had a chance to eat there it's on Magnolia. 

-Rudy

@Landon Belk

If, you are in my area.....L.A. Don't do it! I repeat, don't do it, this is my turf!! Ha!

Kidding aside, you need to interview Brokerages, at least 3 to 5.....ask questions....and ask questions. Each brokerage has different incentives/trainings/ ratio percentages, you start off on. And yes, mentorship that come with percentages from your transactions, etc. 

You have a huge learning curve. And it's highly competitive. But, IMO, I think this is essential on learning, on where and what good deals are, etc. This is where and when you keep the good deals to yourself!

Probably, opened up more questions. But just interview different brokerages, and or offices, management varies from office to office. 

Good Luck!

-Rudy

@Mercedez H. Realtor from Los Angeles, CA

Mercedez, the best thing for you to do,  since financing is tight. You can find buyers, sellers, and Investors thru Open Houses.....PERIOD, do them the days you are not working as a substitute. Reach-out thru your broker, or office Manager and ask to help out or inquire about Open Houses. 

As for liens, etc. You can find out info thru Title Co. they can provide that to you. 

Anyhow, Hope this helps. Good Luck!

-Rudy Vazquez

@Roger Hendrixson

Befriend a local Realtor within the area. No joke. But remember, that's our livelihood, so be nice and see, if you can also provide something of value to them. Because providing info for nothing in return, well kinda sucks. 

Anyhow, hope that helps! 

-Rudy Vazquez.

@Tinley Jones

I'm not in Evansville, but if you ever need to send referrals to L.A. I got your back, that's if you don't have anyone up here yet :) 

-Rudy Vazquez

@Eli Covarrubia

And just adding to what Jeff eloquently wrote. Since, you mentioned you just got a job. 

If, you are working for a company that either has 401(k) and or 403(b), basically retirement plans. 

If, they match any contributions towards your retirement, please match it at the very least. 

By the way, I purchased my first house at 26. I challenge you to beat me :)

-Rudy Vazquez