All Forum Posts by: Shaun Roark

 Yessir, we're actually under contract now. Thank you.

I'm trying to help out my agent that is selling my 4/2.5/2 in a nice neighborhood in Austin, TX (for $639k) I'm looking for optimal keywords, demographics, etc. to use for the ad. Any thoughts? Appreciate it!

For Sale By Owner, would make a good flip or a rental for Michigan State Students that want to live out in the country a bit. The new Consumers Energy Training Center is also 1 mile away.  Zillow and tax records are incorrect, listing this as a 2/1. It is actually a 3/1 (all upstairs), plus a  bedroom in the basement with a window that might be legal currently, or easily made so with a little fire excape window enclosure.  There is also plumbing available in the basement to easily put in a second bathroom. Owner has a lawyer ready to make a deal at $132k. Will post photos if/when I get some. 

We are looking to get cash out of our properties right now is because we are in the first stages of building horse facilities/barns on our new 60 acre ranch to become the training headquarters for the Texas State University Equestrian team, and we would be leasing the facilities out to the head trainer/coach of said team. We have a little less than a year to complete the facilities.
Then we have plans to eventually build a home on the property, say in 3-5 years.

Here's where we're at:

We currently have 2 paid off rental properties in San Antonio. Technically these are townhomes, so technically two, but it looks like a standard duplex from the outside. Zillow says they are worth $257,000 combined. Each property currently has tenants and we've never lived in them.
Then, in June of last year we moved out of our Austin home that we lived in for to a 60 acre ranch in San Marcos. We rented out our Austin home (starting on December 1, 2021) and currently have tenants. Our mortgage, with the remaining principal of $172,257 at 2.75%. We also still have our HELOC on this same Austin property that is at $120,924, with Chase, and that variable rate is around 4% right now.

Also, as mentioned before, we have the 60 acre ranch in San Marcos/Wimberley area, which we now live on. We had to get a special ranch loan because there is only a manufactured home on it, that we are currently living in,  at the present. The remaining principal on the ranch is $826,324 at 5.78%. I'm not sure if we wrap this all in a single package that we can include the ranch in this or not. I feel like we got a good deal on the land at $17k/acre as a neighbor has listed their 28 acres (with a nice 3/2.5 house on foundation on it) for $2.1 million.

Any thoughts?

Thank guys! I mean...Y'all!

I'm coming to a fork in the road as far as my career goes, I've got some passive income already going to the point where I don't really have to worry about money too much and I'm looking to start investing in buy and hold real estate.  I'm looking to work in some capacity that keeps me close to real estate, while still being very flexible. I'm currently studying to get my real estate license, if for no other reason than to have that knowledge, or possibly even use the license and pursue property management or something to that effect.  It's good to have options, but I'm just weighing them all right now, and I'm not sure which route to take.  

Can anyone speak to how real estate photography works, what the expectations/processes are, how much photographers make, what kinds of technologies are expected (drone, matterport 3D, etc)?

Has anyone tried AceableAgent or TrainAgentsOnline?

@Dawn Brenengen Ah, so I CAN "get" a license without first having a broker sponsor, but in order to "activate" it and use it I'd need a sponsoring broker.  Thank you so much for clearing that up.  That explains why I've been seemingly been getting two different answers from everyone. 

@Dawn Brenengen I'm a little confused.  You say the company I would be working for will have a broker and I will need a broker to sponsor in order to get a license. And yet you say I would not likely be hired as a property manager without a license.  Am I understanding this correctly?  So what's my way in? I was hoping to get a license to be able to be more desirable to hire. I've asked a few people this question, and when I say "how do I get a broker", it's never really a clear answer. Why do you think this is?

Next question, exactly which type of license would I need? I have heard from one source that I would need a sellers license and to be sponsored by a broker. Another source said that I wouldn’t need a sponsor if I wasn’t using the license to actually sell real estate. Follow up question: if I do need a broker sponsor, how does one go about finding a broker sponsor? Do I just look one up in the phone book and pay them a certain amount, or is it more complicated than that?