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All Forum Posts by: Susan Thelen

Susan Thelen has started 15 posts and replied 77 times.

Post: Getting rid of smell

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Try Killz. We have used it on floors and it worked. I think you can use it on walls too. Good Luck! 

Post: Hard money lenders

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

We only needed it for about 7 months. 

Post: Hard money lenders

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

I used Capital Funds in AZ for a personal flip back in 2022.  They were very easy to work with. 480.889.6100

-Susan

Post: What expectations should I set for a good realtor?

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Hi Lisa,

Here are some things that make a good realtor:

Knowledgeable: A good realtor should have a strong understanding of the local real estate market, property values, and neighborhood trends. They should be well-informed about current market conditions and be able to provide valuable insights to clients.

Communication Skills: Effective communication is crucial in real estate. A good realtor should be able to clearly convey information, listen attentively to clients' needs, and negotiate effectively on their behalf.

Negotiation Skills: Successful realtors are skilled negotiators. They can advocate for their clients' interests, handle negotiations with other parties, and secure favorable deals. Strong negotiation skills are key to achieving the best outcomes.

Attention to Detail: Real estate transactions involve a significant amount of paperwork and details. A good realtor pays close attention to details, ensuring that contracts, agreements, and other documents are accurate and complete.

Good Luck! -Susan

Post: Seasoned investor but been out of the game for a couple of years

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Hi Brian,

Welcome to BP! There are lots of great people here to connect with. I will send you a DM. -Susan

Post: Starting out at 19

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Hi Wes,

If I were in your situation I would start with house hacking. Buy a primary residence and live in it for a few years (with roommates if you are ok with that) then cash out the equity to put a down payment on the next house. There are loan programs out there for first time home buyers that you could look into. Also interest rates have recently gone down which means home prices will go up. So act now rather than waiting. 

Post: Mortgages are higher than rent in my city. Do I move?

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Amanda,

I would look into out of state investing. Try looking at places like AZ, TX, FL, TN, GA. You can hire a property management company to look after it for you. In lieu of a property management company you can find a local plumber, electrician, HVAC company etc. that you trust then when you have an issue with something at the property. You could even find someone (realtor, neighbor) local to help you out if something else is needed.

Post: Preparation Time for my STR

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

This sounds like a good idea. I would just have someone on backup to help just in case you can't take care of it unexpectedly. Good luck!

Post: Should I pull Permits?!?!

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Hi Ronald, this is a tough one. I would find out what the ramifications are if you go ahead and do the work without permits. Based on what these contractors are saying it does not seem like it is an issue. I would try to talk to 2-3 more contractors to see what they say.  Good luck! 

Post: beginner real estate investor

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Hi Phillip, welcome to BP! If you are looking for a more passive strategy I would try meetups. You would be able to get connected with folks that may be looking for hard money or a passive investor for lets say a flip. There may even be online meetups (it sounds like you may have limited time). Best of luck!