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All Forum Posts by: Tony Brown

Tony Brown has started 1 posts and replied 8 times.

@Ryan Moyer yes they are still going. I haven't seen a post for the next one yet but go to meetup.com and look for this same group name.

Post: Looking for a Realator

Tony BrownPosted
  • Realtor
  • Utah
  • Posts 8
  • Votes 1

I sent you a message @Kyle Berger

Post: Moblie homes in Utah

Tony BrownPosted
  • Realtor
  • Utah
  • Posts 8
  • Votes 1

I have looked at a few but due to the lot fees that are charged for each unit, the numbers don't work out for rental income. I think you'd need to buy the whole park.

My partners and I will be there. This will be our first meetup and hope to get some good information and guidance from you all.

Post: Finding a cash flowing property outside of Utah

Tony BrownPosted
  • Realtor
  • Utah
  • Posts 8
  • Votes 1

@Melissa Nash I was afraid this might be the case in Utah. I'm just starting out with this and running numbers on anything I've been able to find online doesn't show any potential so far. Going to have to really search for that golden unicorn.

Post: Cash-on-Cash vs. IRR

Tony BrownPosted
  • Realtor
  • Utah
  • Posts 8
  • Votes 1

@Kyle Ropelato I'm new to investing in UT as well and think this is a great question. I've listened to the first 51 episodes of the BP podcast so far and it seems that a lot of people do things differently depending on where they are. They all find what works best for them.

Post: Best type of brokerage for an agent/investor?

Tony BrownPosted
  • Realtor
  • Utah
  • Posts 8
  • Votes 1

Jake, that is some good info and probably the way I would like to go. I hadn't thought of the "personal" deals part of the equation but I will keep that in mind when I start talking to different brokers. Thanks for the reply.

Post: Best type of brokerage for an agent/investor?

Tony BrownPosted
  • Realtor
  • Utah
  • Posts 8
  • Votes 1

Hi everyone. 

I used to do real estate (very little) about 13 years ago. I let my license lapse since I only did it part, part time. An old manager knew about me doing that back then and recently asked if I would want to get back into it and partner with him on some investment properties. This guy is really smart and never fails so I told him I would love to partner up. I signed up for school and am half way through it now. 

My question is, what kind of brokerage would best lend itself to what I would need as an agent and investor? 

When I started last time I went with Coldwell Banker and I would not do that again. That was more of a school/job type experience that just didn't seem right for me at the time. I wound up at a place that didn't provide a whole lot of anything and I paid a small fee every month to "use" a desk. I think that might be the kind of place I need but am curious if there are actual investor friendly brokerages out there.