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All Forum Posts by: William Broxson

William Broxson has started 3 posts and replied 62 times.

Post: soon to get my real estate agent license

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

Just want to say thank you for the book recommendation, started listening to it on audible.

Quote from @Amir B.:
Quote from @William Broxson:

Honestly, those pictures look pretty rough and there are none of the interior. Still a shortage of rentals should not take that long.


 I went ahead and updated the pictures. I will add a new link to the listing. 


 Good! That will help, although I would crop the picture so it doesnt look like a screen shot! A fridge and stove would help. Other than that I have really good luck with Facebook marketplace, that way I can creep there page as well.

Honestly, those pictures look pretty rough and there are none of the interior. Still a shortage of rentals should not take that long.

Post: How are you supplementing your income to buy rental properties?🤔

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

Real estate full time. I also make and sell 3d printed items, I do a lot better with this closer to Christmas. I also manage to find a ton of odd jobs, painting, clean outs, cutting grass ect. 

Post: How Can I Escape my House-hack and do a Live-in BRRRR?

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

Im not sure what your market is like but here, everyone still wants a lipstick flip. Its gonna be awfully hard to compete with cash investors while using a fha loan imo unless you find something off market.

Post: Questions for lender and agent

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

I wouldn't bother asking if they invest themselves. Not everyone that invest is successful and who knows maybe they inherited some properties and are running them into the ground. House hacking is a little different in the sense that as long as you know the arv and market trends in the area your buying, you can make an informed decision. I wouldn't rely on anyone except myself when analyzing cost for repairs with only maybe referencing to others opinions. Use an agent you feel comfortable with! 

Post: Do you follow up after appointments?

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

Some people are just hesitant and refuse to make a decision. What Jaron said is correct, you need to know their motivation, maybe they can't sell for 2 months, maybe your only meeting with 1 person but 2 people are on title or someone has dower rights. If they say let me think about it consider asking what they need to think about maybe it's a question that you can help answer.

I find a lot of deals are made in the follow up. Send them a card the next day, thank them for time.

Post: No viewing until under contract?

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

See if they have any picture from before the tenant moved in. other than that I have a lot of investors that buy sight unseen contingent upon inspection as long as the numbers make sense.

Post: Deciding between two offers. One is FHA other in Conventional

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

More of a serious buyer? How do they know have they met the buyers personally? Did they make a offer just for fun? Are they both asking for an inspection? what are the terms of the inspections. Is one lender better than the other? Lots to consider but id usually take a conventional loan for more money over fha

Post: Newly licensed agent looking for a good firm.

William BroxsonPosted
  • Real Estate Agent
  • Youngtown Ohio
  • Posts 62
  • Votes 45

Usually the bigger firms have more training and help vs the smaller mom pop shops. interview at several places a lot of times is the owner or managing broker that make a location great.