All Forum Posts by: Shawn K Hicks

Hey guys,-I'm meeting with a friend that's a broker this Thursday to discuss possibly joining him as he seems to want to cater to the investor market. I'm thinking while things are in limbo this week,-I hope it won't be the end of the world if we postpone this weeks Wednesday night meeting? In the meantime,-any of you can call, text, or email me if you'd like in the meantime.

@Cynthia B.

Hi Cynthia, I'm an agent here in Gainesville. If you want to talk this week,-I can share some insurance contacts with you. We also can look at the comparable sales on the property you own and talk about the local market as of now compared to after New Years 2020.

Shawn

Dan, we kind of just winged it and made a plan on here. Let's just formally say for now we can meet at the KW office building at 7584 Nw 4th Blvd Gainesville FL 32607. 6 P.M. on Wednesday September 11th.

Hi Dan,

we had a first spur of the moment meeting in Gainesville a couple of weeks ago. We're likely going to have one a week from this Wednesday at 6 P.M. if you'd like to come by. We'll likely have it at the Keller Williams office building unless there turns out to be a more convenient location for everyone.

At our first meeting, there were investors such as yourself that were there to learn, investors that have one property and now are in the what's next mode, and then also some seasoned investors. We also had a lender and a property manager to contribute to the group. I'm thinking at our upcoming meeting I'd like to get a commercial lender to come, a renovation rep, & maybe an insurance agent.

Look forward to meeting you Dan.

Shawn

@Danilo Dias 

@Thomas J. Clifford, @Andy Nguyen, @Javier Contreras, @Christopher Sarmiento, @John Cornelius, @Reid Ferguson

@Nick Woodward hi Nick,-I think I may be able to help you. I'll message you..

Sounds like the perfect first step.

@Kevin Tarazona @Thomas J. Clifford

Hey Kevin, like Thomas mentioned,-you'd likely benefit from joining our unofficial group that has kind of come together over the last week. I think you'd get answers to questions you have,-and more.

To specifically address your thoughts about renting to UF students-and then section rentals......:

Students love to rent homes close to campus that are walking distance to campus. At this time,-it's not the place I most advise someone to look since the home prices are pretty inflated for this reason. At today's prices, you're more likely to get a better return either buying a more affordable home 5 to 10 minutes from campus that is on a good bus route to UF, or possibly a condo or townhome with low association dues. Up until around 18 months ago, the rental income numbers were great on a 4 bedroom 4 bathroom condo set up geared towards students. Now however the price point depending on condition ranges from 135 to 160k. With the taxes and association dues,-the return is a bit pedestrian.

Section 8 has been a part of the local investors portfolios for some time,-but it's even more of interest as of late with the vouchers going up in the last few months. I have a great property manager that works with lots of investors. She's willing to take the time to guide you through the steps to get you and your property approved for section 8 so you can accept vouchers from those tenants.

It was. See some of you tonight at 5:30!

@Javier Contreras @Reid Ferguson @Thomas J. Clifford @Andy Nguyen @Christopher Sarmiento @John Cornelius

Hey guys,-so looks like here's the itinerary for tomorrow:

Home inspections starting at 10 A.M. at 915 Se 12th Ave Gainesville FL 32601. Estimate will last until 11:15/30ish. I have a property manager coming by to see the home for the investor I have that's purchasing it to be rented. Some of you already have property management connections, but for those that don't, she'll be a good resource. Also, some of my investors only pay cash while others use financing. I have it looks like a local lender that is going to swing by as well.

At 12 Christopher and I are meeting at Maude's for coffee. Reid may join as well. Anyone else is welcome to stop by also.

Finally, it looks like Thomas Clifford is at work,-but is coming by the office at 5:30 or a little after. If anyone else this time works for as well,-they can join. At the very least, I'll still be here to meet with Thomas. The location is the KW Gainesville office located at 7584 Nw 4th Blvd Gainesville FL 32607.

@Javier Contreras yes feel free to come by. It's at 915 Se 12th Ave here in Gainesville. I'll be there at 10 for the WDO. The regular home inspection then starts currently at 11 but I'm attempting to move it up to 10:30.