All Forum Posts by: Thomas Enright

@Jeremy VanDelinder , I'm looking for an agent to list several properties of mine. Typically, agents that have been in the business the longest and have reached a level of expertise much higher than average, end up almost exclusively representing sellers. This is because sellers require much less time and they are able to handle more of them. When an agent gets to where they are almost exclusively representing sellers, they usually also have assistants, transaction coordinators, and buyers agents as part of a team because they have learned that those roles aren't the best use of their time. It's an agent that's reached that level or somewhere near it that I want to work with because I know that person would be a professional instead of an average agent that nationwide only completes 2 transactions a year. 

Now, I also recognize that this isn't a hard and fast rule and that there are definitely solo rockstars that also represent buyers, but it's been a pretty simple criterion for me to find professionals in the past.

Hello BP community, I'm wondering if anyone has any awesome recommendations for a LISTING agent in the Austin-Round Rock Metro area. I'm looking for someone to list properties and someone that's used to working with banks and REOs and foreclosures. I say listing agent because I want it to be someone that does high volume and maybe even has a small team. Any recommendations would be highly appreciated. Thanks!

On a side note, this isn't quite my first post. I just didn't even remember the other ones because they were so long ago haha

Hey everybody! This is my first forum post ever I think but I've been creepin for a while lol. Anyway, my background is that I'm Real Estate Broker here in North Carolina and an Active Duty Marine. I have one rental property and I'm always looking for another. A problem that I ran into though is that I'd always find myself doing CMA's for myself or for clients and I'd be using the exact same formulas and writing out the exact same charts onto a piece of paper every single time and kept thinking that there has to be a way to automate that process. Well, I searched around a bit and found a couple of calculators that sort of suck so I just created my own. It took a bunch of time but I think it came out okay. This calculator allows you to input your local market's value for certain things like a bathroom or a garage so that this isn't just a one-size-fits-all solution. With this, you can even "Save as a PDF" and it results in a sheet that you can print out to present as proof of an ARV or as part of your marketing package if you're a wholesaler. I realize that there are about 1,000 different methods of calculating a CMA and that everyone's method is the best so if this doesn't work for you, then so be it. For everyone else that wants to be able to save a bit of time by being able to plug and play, you can find the CMA generator at this link: https://www.biggerpockets.com/files/user/ThomasE10...

Thank you and I hope it helps!

@Brandon Turner , when is Heather going to be a guest on the podcast?! I've been listening to the podcast for almost the last year and have finally made it through all of them. I've also read a few of your books. I definitely learned at least one thing from every single episode and a ton from your books! Your stuff is great! On the podcast, I kept hearing you talk about your story coming up in real estate and you also talked about your wife a bit. It would definitely be interesting to hear her side of everything and I'm sure everybody else would enjoy it too!

Everybody else, what do you guys think? I'm sure if we got some support it might help my case! ha

@Carlos Gonzalez Thank you for the input. I knew it was subsidized but I didn't know that it was 100%. Wouldn't that mean an even higher consistency of rent payments? Also, I understood that the housing is contracted to be built but after the buildings are up, who owns them? Individuals? I'm just really curious about all of this.

Hey everybody, I had a thought about a week ago and I'm looking to see if any of you have had any experience with it or might know anything about it.

Has anyone invested on indian reservations? The laws and regulations are quite different and I don't even know if it would be possible. Just to give you an idea of where I'm talking about, my experience and knowledge of the res comes from my home in South Dakota. Typically, at least in SD anyway, communities on the res are very poor and almost all of the housing is subsidized or affordable housing. The tribes run almost everything as the reservations are actually considered Sovereign Nations and I know it's definitely not normal for a white person to own property on the res. I know it can be done because I know at least a couple of white people that own SFR's on the res but I don't know about multifamily. I've done a ton of research and I can't find a single thing about anybody else that invests on the res but I know there are apartment buildings and somebody has to own them. I suppose it's a niche that somebody is in but I'm just having difficulty finding that information.

What would be the pro/cons to this in your opinion? Any thoughts are appreciated.