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All Forum Posts by: Lisa Treadwell

Lisa Treadwell has started 3 posts and replied 9 times.

Post: Sell Stocks to Buy Land?

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

Ha! Fair enough. The tax hit is why the article I read encouraged readers to sell when stocks are low. This will make the tax hit less. I'd like to hold the land b/c it sounds like the city is adding sewer lines (I'm still researching this), which may increase the value. There is development all around the area, too. It's in a capital city, close to the interstate, etc. All signs lead to the value of the property increasing. I'm not looking to get rich, just looking to be more strategic and get a better return than the stock market. May need to hold it for a year or so. You're right, though. Need to look at the numbers closely. Thank you!

Post: Sell Stocks to Buy Land?

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

Here's a thought....read an article, and the takeaway was to sell stocks high and buy real estate low. As a real estate agent, I can understand the small window where that could happen. I read about the "January Effect" and am thinking this might be a good opportunity.

I'm looking at buying 2 lots in a developing area, where the county is adding septic. The 2 properties are next to one another and look to part of a new home community-or at least adjacent to one.

Thoughts on selling stocks to buy and hold land for a year or so?

Post: The Key to Wholesome Wholesaling

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

Great advice.  I'd love to see him get a house hack under his belt and keep going.  He's an eager 18 y/o and mom is one of the last people he wants to listen to sometimes.  I hope he does take my advice and starts an account here and then stumbles upon this post! ;  )

Post: The Key to Wholesome Wholesaling

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

Yeah, my first statement shows how much I know about wholesaling, doesn't it?  The thought did occur to me to encourage him to get his license.  He's a freshman in college right now, for business, while I'm working on my mba.  I'd really like to see him get the business degree first b/c it will absolutely help him.  I'm sure many of you would agree. 

Thanks for the honest feedback!  This is exactly what I was looking for here.

Post: The Key to Wholesome Wholesaling

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

This is all great information. Exactly what I was looking for.  I've enjoyed the seniors real estate niche so much!  People know me for this and even call to ask for help/advice.  

Finding a niche you're good at is counter intuitive, I get it.  But it's the way to focus and differentiate yourself from everyone else. 

I like the probate idea.  As a real estate agent, how best could I serve my son with his first few deals? 

Also, can I have my son and his college roommate reach out to you, @Cornelius Garland?

Post: The Key to Wholesome Wholesaling

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

This is all great information. Exactly what I was looking for.  I've enjoyed the seniors real estate niche so much!  People know me for this and even call to ask for help/advice.  

Finding a niche you're good at is counter intuitive, I get it.  But it's the way to focus and differentiate yourself from everyone else. 

I like the probate idea.  As a real estate agent, how best could I serve my son with his first few deals? 

Post: The Key to Wholesome Wholesaling

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

My son wants to start wholesaling as an easy way to get into real estate with little capital. I've been doing some research on it b/c I feel a bit torn about the equitability of it.

My brokerage helps seniors downsize into low/no maintenance housing. Specializing in this area of real estate since 2010, I've grown a huge heart and am very protective of seniors. I have investors approach me all the time b/c they think they can get a good deal on my ideal client's property. I have a hard time with this. It isn't in the client's best interest to sell to an investor when they could sell to a non-investor for 75k-100k more, in some cases.

I found myself looking for what the ideal situation would be that a seller would work with a wholesaler and it would be a win-win for all. I have some ideas, but I'd like to open this up for discussion here. I'd love to hear your ideas!

Lisa Treadwell

Real Estate Broker

Indy Real Estate Experts

Post: Real Estate Commission Rebates to list and sell faster

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6
Super bad advice, paired with huge generalizations about an industry that, clearly, you don't know much about.  We're not hookers on a street corner.  We REALTORS work very hard everyday/night/weekend/holidays/birthdays....

It sounds as though you've had one too many bad experiences with a few agents and are hell bent on shaming the entire industry into cheapening ourselves.  That's too bad. 

If an agent is willing to negotiate their own money away just to get your listing, how do you think they would be at negotiating YOUR money when it's time to put a deal together?






Originally posted by @Account Closed:

Everybody is money driven in this business.

When a buyer's agent sees 3.5% or 4% showing up in the MLS Broker Synopsis, you can bet your bottom dollar they will make every reason in the book to show that property.

It doesn't matter if it's a meth lab or a crack house, buyer's agents will come out of the woodwork trying to grab that 4% Commission! Ha

This is all done with working with listing agents who offer Real Estate Commission Rebates.

However if this is not an option for a seller, and the seller is stuck with using a listing agent that's not willing to share the commission, the listing can be restructured in the above manner. 

Instead of lowering the sales price, simply increase the buyer agent commission by that amount you were planning to drop the price in the MLS.

In a seller's market, it's always a good idea to only enter into 2 to 3 month listing agreements, this way if the seller is not satisfied with the listing agents efforts, they are not stuck with a half a year dealing with someone they don't wish to do business with. 

Post: Finally getting around to an intro....

Lisa TreadwellPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 9
  • Votes 6

Hi!  I'm new to BP and new to being an investor (close on my first rental in a week!).  I've been a Realtor for 10 years.  My niche since 2010 is helping seniors downsize into low and no maintenance living (think 55+ communities, independent living cottages, assisted living, skilled nursing, and memory care).  Most of the buyers on my listings are...you got it...investors.  The properties I typically list have been owned by the same owner for 30-50 years plus and are in need of a lot of updates and maintenance.  

As I was working on my business plan (thanks to a template I found here on BP), all of the ideas that have been running around in my mind started coming together...in one pretty little Business Plan-which is one of the reasons Business Plans are so great.

My senior real estate and downsizing services allow me access to great investment properties before they are on the market.  Most of these properties do not have a mortgage and the owner really needs to move b/c of safety/healthcare issues.  All of the pieces are coming together so nicely!  In fact, I just reached out to a gentleman who I recently did a Downsizing Consultation with.  I'm interested in flipping his property next.  

I'm a training geek...in fact, I fell asleep last night listing to the BP Podcast #200. I feel like there is so much to learn and I want to learn it all! This blog is where I found the resources I needed to use my IRA for my first investment property. I value the knowledge that many of you can impart, so BRING IT ON! What's you're best advice for me?