All Forum Posts by: Amanda Jacobellis

@Pat Goodyear hi Pat! You are right you should not be doing jobs that a, someone can do better and b you can pay for less than your own wage. Instead of a management company you could sub out landscapers cleaners etc. and hire an assistant to manage and coordinate. That may cost less than a full management company. Also are your properties close together? If so ans you can pay hourly rather than per job that may help. I’m sure someone can do your lawn work just as good as you and save your valuable time ;) sometimes the hardest thing is delegation and trust. X

@Jay Hinrichs yes I instead show my investors where to find the numbers and how they can run their own calculations. That way it’s not me giving investment advice. I guide clients but let them know where to check for themselves.

I do give rough ideas of rehab numbers but also recommend we bring contractors though A good agent should have great resources ans vendors and be able to show you where to find the info you are looking for without breaking the law

@Karen Margrave yes was going to say the same thing!

@Mark Abbate no number will be given if there are multiple offers. It makes no sense to go back and forth with multiple

Offers at the same time.

@Mark Abbate where are you located? It is definitely a sellers market right now but there are all kinds of strategies we use to get the deals. Find a kick butt agent! To someone else’s point I am always working off market deals for my clients. Do not over pay if it doesn’t make sense to your investment plan. There is a strategy of writing best offer plus $2500 not to exceed x amongst others

@Eric Baron you can get average occupancy and rates on airdna and alltherooms.com and then use the bigger Pockers brrr calculator! Let me know if you need help

@Cameron Leckliter I have a lot of thoughts.

1 the idea that using the selling agent gives you leverage is not really based on facts. There is no way for someone to truly represent both parties impartially so you could be paying more by not having your own fiduciary expert.

2. If you are asking him

To do research and work remember he is not making money until he closes a deal for you. If you are expecting research and work you should give him that commitment otherwise don’t sign if you don’t feel like you want him to be on your team.

3 people think real estate is just filling out paperwork and a lot of agents do bring little more to the table but when you find a good. agent they are a team mate on your road to financial success. They are worth their weight in gold. There is so much strategy that goes into getting a good deal. You will be over paying by trying to save a little on commission

@Natalie Schanne short term rental baby!

@Morris Vanderhost meee too

@Jim K. You all do core method or something haha I add the ones column and then carry and add tens I guess I’m old school?