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All Forum Posts by: Winona Wyatt

Winona Wyatt has started 3 posts and replied 10 times.

Post: Listing Site for Rentals

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3

Thanks for all the great responses! You've certainly got my wheels turning and even though it seems like it will be more work than I'm bargaining for, I may be able to make this into something. Or at least try - even if I fail, at least I can say I tried and learned from it. A lot more than I can say I've done so far.

@Lynn McGeein  thanks for the suggestion of checking other similar business models. That wouldn't have come to my mind to check what ebay listers are doing. 

And I get that  lot probably avoid going the online route because they get a response from a sign in the yard - but that's exactly where I want to fill in that gap. I deal with the hassle and they get a wider range of tenants to choose from. I know from my own personal experience, as a renter in search of a place, just having the sign and nothing else would frustrate me to no end and I would keep looking online. Very rarely would I end up calling the numbers (most of the time it's because I'm driving and don't have the time to actually read the phone number because I've already past the house and I'm on a road that doesn't allow for easy turning around) In those cases, I would make a note of the address/location and then check online to see if they have a listing, most of the time they don't and I move on to the ones where I can actually get details without have to go back out, get the number, call and potentially find out it's not even what I'm looking for.

@Al Williamson   its my experience as a long-time renter that drives me (there was a period of 8 years that I move 12 times). And one of my biggest frustrations were low-quality photos (if they even had any) and vague descriptions. I want to provide a service to the landlords that just don't have the time or patience to list something that will get more of a response from the more thorough tenants (like myself)

@Jeff Bridges f Bridges    thanks for pointing me towards rentlinx. That site is awesome - and yep, it's pretty much exactly what I was looking to do. Not much of a set-back, though, as their model was the aspect that was only going to bring in a fraction of what I was planning. I may be able to find a way to partner up with them to avoid having to reinvent the wheel in that aspect and focus more on providing more personal-contact service - going out and getting photos of the place, providing print marketing help, finding the not-so-tech-savvy landlords, etc

@Chris K. is K.   you make a good point. And I've had those same concerns - which is probably why I haven't gotten started (this idea has been brewing for about 2 years or maybe even more). I've gotten to the point where I can think about all the ways this won't work and all the challenges I will run into, but have realized that I certainly won't be successful if I don't do anything at all. Once I get started and start experiencing the challenges of dealing with the nontechnical market, maybe I'll be able to adapt and tweak my business until it actually works.

@Rick C. - that's an excellent idea. I've been to a meeting as a guest and I've been on the fence about joining at the time (I have no real excuse not to, other than fear of officially dipping my toes into this world - I think subconsciously I tell myself that as long as  I don't join, I'm not taking that risk and I won't fail... not the greatest, I know). I will see when the next meeting is and look into joining.

Post: Listing Site for Rentals

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3

One of the thoughts I just had: asking this question on a forum (where everyone is at least minimally tech savvy) is a little counterproductive, being that my target market would be the landlords that aren't as comfortable doing things on their own online.

Does that market exist? I'm assuming it does, since I've rented from a couple landlords who didn't really get into having a web presence. 

Post: Jobs to get started in real estate?

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3
I had that same exact idea! I feel like working with others that know the field would help me learn the ins and outs before jumping in head first. My issue is that I have a full time job that pays more than a new entry level position would pay so I will have to find a part time job most likely. I have an idea I'm working on with offering devices to local landlords, but so far it's still in the planning phase and hasn't grown two legs of its own. I'm also in your area (about 45 minutes outside of Philadelphia) so I would love to hear what kind if response you get!

Post: Listing Site for Rentals

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3

@Robert Leonard I'm familiar with Postlets and I know they offer pretty much the same thing that I want to offer, which is why I wanted to expand upon what I provide. And why I want to use the other services (photos, print materials, etc) to build upon what they can do. One of the other services I would actually offer would be to set up a postlet listing for the not-so-tech savvy.

As a long-time renter I know I would get frustrated with the listings that I couldn't find. So what I wanted to be able to do is actually get out there and find them myself, contact the landlord, and list it for

Post: Listing Site for Rentals

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3

Hi there landlords,

Question for you. I'm planning on starting a local listing site (local to start, and hopefully getting it to grow). I have an idea taking formation on how things will go, but I figured it would be a good idea to ask landlords, my target audience, what you all are looking for.

So in a nutshell, it would be free to list but I would collect a referral fee for any properties that are rented through my site. (the first chunk of successful rentals will have the referral fee waived)

Where I would really offer service, though, would be in the extras that can be purchased:

  • I could come out and take photos of the place (hence the reason I'm starting local)
  • I will list the property on other major listing sites (I still have to do my research to collect the list of all the good ones)
  • I will provide templates for and/or design flyers and postcards to advertise the property
  • (Other things I haven't thought of yet)

So, my question to you is this... is this something you would find useful? What else would you look for with this service? How would you expect it to work and what would make you pass/accept an offer to get listed on the site if I were the one contacting you?

Thanks for any replies and your thoughts on this!

- Winona

Post: New guy in Philly

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3
Welcome! I live just outside of Philly (phoenixville) - and am just getting started - in the learning process - myself. Maybe we can connect and share resources as we learn and grow!

Post: McGraw-Hill 36-hour course book

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3
Thanks J Scott! You know, it was my intention to not buy anything until I had completely exhausted my free resources - but there's something about walking into a bookstore that gets me every time.... I was actually showing restraint by getting just one book, lol!

Post: McGraw-Hill 36-hour course book

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3
I was just in the bookstore and, as always, had to feed my addiction by buying a book. I happened to come across one that wasn't available in my local library, so I figured it would be worth it to buy. Has anyone read "The McGraw-Hill 36-Hour Course: Real Estate Investing"? I like the idea that it walks me through the industry while giving assignments and even a free exam at the end. (With my ADD brain, something with structure always makes me feel like I can actually be able to focus and achieve something) Has anyone read this? What are your thoughts on this one? Thanks! Winona

Post: New to the site

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3

Thanks for the warm welcome and getting started advice! I'm slowly getting acclimated to the BP world - it's a little intimidating coming to this completely fresh, but I'm a quick learning and love a challenge!

Post: New to the site

Winona WyattPosted
  • Real Estate Investor
  • Phoenixville, PA
  • Posts 10
  • Votes 3

Hello all!

I'm a brand newbie to the world of REI and this site and I'm looking to go ahead and jump in and get my feet wet. I'm usually a lurker and information hoarder when it comes to forums, and very rarely ask our participate in discussions.. but I'm looking to make a change and am hoping this is a step in the right direction for me.

I've basically been a professional renter for about 15 years (I've moved about an average of once a year and have been in about 14 different rentals) .. I'm kind of obsessed with Real estate overall, and never really realized I should maybe try to do something with that obsession, until now ... so here I am.

I'm in the process of trying to learn all I can about the industry (there's a lot of information) but I don't want to get stuck in perpetual student mode (which I'm really good at). I'm not going to ask where to start, because the site seems to be pretty good at pointing me in the right direction. But I am interested in getting some hands-on (or at least eyes-on) experience with others that are actively doing what I want to do. -- I'm leaning more towards getting into single and multi-family home rentals

While I'm fixing my financial situation (I have terrible credit and my student loan debt depressing), I figured I could learn all I can and be ready to hit the ground running, once my personal finances allow me to get to the point of comfortably getting out there.

Since I don't have much money (or I should say I have zero money) to work with, I was thinking about using my web design and photography skills to build relationships with others that are currently in my area doing what I want to do. My question is (if you've happened to read this much) - how do I go about finding these people? Is it all about going down a list and cold-calling individuals who are advertising properties for rent, or is there a more tactful way to go about it?

Thanks for any who respond. This is an awsome site and I've been sucking up the knowledge like a thirsty puppy. (I have no clue if that analogy even works - and now you know the other reason I don't post on forums - I'm a rambling typer, once I get started I just go on and on and on.....)