All Forum Posts by: Account Closed

@Geoffrey Flowers

Land alone in s worth that. Great job

@Zach Simpson

Read The Wealthy Renter. It is based on Canadian economics but very similar to may areas in US.

Your answer is in the book.

@Jeff Nichols

No! It is your friend that needs the paperwork! JK, paperwork is good but pay them back and move on. You are talking peanuts.

I once borrowed a piece of machinery from a friend valued at $12000. Was very nervous. He said, “dont worry....our friendship is worth more than $12000”

If they are truly a friend...you will pay them back on time.

@Zach McLean

Hi Zach, i didn’t read all posts but saw you bought the property thinking construction was in progress but later discovered it stalled.

Investing emotionally in property is now very risky. When i grew up, there was a sense of ownership and pride. Even most renters took care of there properties. Today, it is different. Mixed uses, renters commingling with estate owners and the busy middle class have produced neighborhoods that are a combo of pristine and flat out horrendous. The cherry on top is that multicultural values don’t always mix. As trendy as it sounds multiculturalism doesn’t always produce harmony: that newly migrated family across the street may not care about property appearance —they are likely good people but the 10 cars in the driveway and unkept lawn is just a sign of their commitment to other priorities. Maybe they are busy building careers or tending to family.

You can block it out, plant evergreens, talk to them or call the county. Either way...you have little control over your neighbors other than setting boundaries and using covenants or county code to fix the problem. By the way, the county zoning inspector provably lives on a rural property two counties away. He or she spends their day dreaming about retirement and the day they stick it to the man so they really don’t care about a slab...”oh, they can build a patio...that isn’t covered in the code”

I opt for the evergreens and a good tenant.

@Jesse Robert Zamarripa III

Go to bed early, rise early, pray, go to work...listen. Wash, Rinse and Repeat. Don’t take uncalculated risks but don’t give up either. The worst thing to do is go into debt to solve a financial problem. Look for better opportunities and then leap, but bootstrap everything—meaning let your ideas generate the resources for the next steps.

@Milica Krstic

Most people I know love free-some so much that I wont go out to dinner with them.

If you have something of value to share, try it out. There are attention spans to be aware of that should be respected though. Don’t make it an hour and make sure you proof your presentation for umms, hmms and fidgeting prior to launch.

Seth Godin (google him) is an amazing entrepreneur and marketing genius. Most of his content is free. He has built a business on the model of giving most of your content away free to build your audience (tribe) and then sell them the most valued, exclusive material. The free content builds trust and showcases your skill.

So yes, give it a shot!

@Remy Bonser

Depending on your budget you could look at vacation properties anywhere the Ferry runs. Block Island has a short season but astronomical weekly rates from Memorial to Labor Day.

@Matt Rothwell

Hi Matt, I dont know what you should pay but having been in the landscape business I can offer a few ideas to remove some headaches.

Yank out any trees or big shrubs near the houses. In addition to roots being notorious for foundation problems, shrubs and trees are a lot of work. Go to drought resistant small plants that grow slow and are native to your area—leave lots of space between so you can put in flowers when staging.

Find a small landscaper who owns and works their business with a tight route. If there is one who works the neighborhood and has a good reputation, then use them. They will know what a fair price is. Don't worry about a 5-10 dollar savings per week on mowing. Average mow in VA and NC IS 28 times per year. Even if they mow 30 times and you pay $10 extra each time for quality service—that is only 300 more per year. Tell them you will pay monthly for a discount and outline a Service Level Agreement (SLA). For example-grass will be kept between 2.5 and 4 inches, mulch applied twice per year in spring and fall, weeds removed every other mowing etc..

@Stephen Roesler

When I first started with Keller Williams they shunned anyone who used the words “part time” by saying WE SAY DUAL CAREER!

This pushed people into the mindset that it is all or nothing but that simply is not true. You are wise to try it out first and see where it goes.

There may be more options but three potential approaches may work for you;

1.) get your license and find a good broker. Tell everyone you know that you are selling RE and find a listing or a buyer. Give them your best service and focus on getting to settlement with the help of anyone around you who is willing to assist. You can share your commission with another agent for their help.

2.) Find a successful team and become a buyers agent for them. Schlep buyers around in the evenings and weekends until you get a deal.

3.) Look for a Broker who has Relocation leads. You will bust your butt for a small commission but you will get work and learn the transaction.

Nothing wrong with starting part time—it may be the perfect way to see if it is a good fit.

Best of luck and hope you find your niche.

@Bijou Diaou

Wishing you the best. RE can be a great career.

As someone who built a team way too early, and lost a boatload of money and energy, please learn the transaction and see if you love selling RE. While doing this you will learn who you need and what your niche will be. Affiliate with a Broker who is accessible and has the ability to provide you leads and mentoring.

The beauty about being an independent is that you can affiliate or partner with almost anyone on short notice and then decide who you want to work with.

But, assuming your optimism meets with success, you will want a marketer who handles social media and generates leads. Second is a transaction coordinator. Third is a buyers agent to haul buyers around on Weekends and

evenings and weekends. Finally, a great lender and settlement company who are reliable and efficient.