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All Forum Posts by: Brittany Moreland

Brittany Moreland has started 4 posts and replied 43 times.

I personally would never purchase or advise any of the investors I work with to purchase a property they can't see the inside of unless it was a site unseen auction property for incredibly cheap and it being completely distressed was assumed.  I have 11 properties on the market right now that the seller will only allow showings with an accepted offer or proof of funds and another 9 properties where the seller didn't want the tenants knowing he was selling so wanted to say it was an insurance rep.  While I advised the second seller to be honest with tenants since a new investor isn't going to want to kick out the paying tenants both of those scenarios are perfectly understandable, not allowing a buyer to see the inside at all however raises huge red flags.  If I was in your position I would move on to the next house unless the property is dirt cheap and it's safe to assume the worst.

Post: Massachusetts Realtor and soon to be investor

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

Hi Brian, yes very busy with work and life.  Will be very fun and interesting to add investing into the schedule!  Eventually I want to focus mainly investing so will be starting a team to help with managing my listings.

I have a portfolio of 6 multi families that was under contract and the lender changed their mind a few days before closing.  I'm trying to put it back together with the buyer and seller by having the two out them do a refinance deal together to get them sold in a creative way.  I'm going to be honest I don't understand more then the basics of how the refinance deal will work since it's not something I've dealt with but I know both the buyer and seller will be safe on their ends with the deal and the seller won't be on the deeds for long after the properties close.  If the sellers open try some creative financing with him or even see if he's open to any owner financing.

Post: looking to buy in 2015

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

I know some people who only buy out of state buy and hold properties so it most definitely can be done and done very successfully.  As Mike said though you need to really know the area.  I would suggest getting a realtor who really knows that area and understands investment properties, 99% of the time as a buyer you don't have to pay a realtor.  Either that or see about teaming up with a local investor.  If you decide the realtor route I can find out who's down there that really gets investment properties and get them in.contact with you.

Post: Massachusetts Realtor and soon to be investor

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

Hi Shaun, thanks!  I can't wait to listen to some of the podcasts, I have heard they are wonderful.  I will definitely try to attend some investor events.  I wasn't even aware they had them until I started looking around bp!

Thanks Karl, I will put your article on my to read as soon as possible list!!!  My personal code of ethics is very high so it will be fantastic to read your article so I can see how I can make investing work with my real estate career so I can balance the two professions correctly.

Post: I Passed my Illinois RE Broker exam yesterday!!

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

Congratulations!  I'm with Keller Williams Realty in Mass.  I highly recommend them!  They have fantastic training there and everyone in charge is very helpful.  If you like I can get you in touch with the lead broker in an office closest to you.  Hope you have a fantastic first year!!!

Post: New agent needs help with cold calls.

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

I have some short scripts from a class I'm taking.  I'd be happy to share them with you if you want to message me with your direct email address...it's probably somewhere easily accessible on bp but I just signed up and am still exploring it.  Whatever scripts you plan to use though I highly suggest tweaking them to reflect your personal style.  I use them for a base for writing my own.

Post: Broker Leads

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

Hi Deb,

My company doesn't give leads and I'm not actually aware of any in my area that do.  Personally I would prefer to hustle and get my own.  I have around 31 listings right now and all except 1 have been fsbo conversions I found on craigslist.  I've been actively working in real estate since beginning of April and have had my license almost a year and I've had a lot of luck with emailing people on cl.  Whichever brokerage firm you go with they'll probably tell you not to email people and to pick up.the phone but I've found the opposite to work for me.  I would assume a brokerage firm that gives leads is going to take a higher percentage so I would suggest hustling and getting them on your own.  Also make sure you check out what training is offered.  I chose my firm because it had the best training program in my area and I'm so happy I made the choice I did.  The training has been wonderful to give me the confidence to approach people and get the listings!  Best of luck to you and if you ever have any questions feel free to ask me. 

I'm a salesperson in Ma and I'm affiliated with Keller Williams Realty.  I love it there and chose them because of the training and because they are very helpful company.  Whenever I have a question I have multiple people I can reach out to for a fast response and the commission split isn't bad.  I'm not sure where the offices are in Ny but I'd be happy to get you in contact with somebody in the area you want to be in.

Post: Massachusetts Realtor and soon to be investor

Brittany MorelandPosted
  • Longmeadow, MA
  • Posts 45
  • Votes 17

Hi Cory,

I'm going to be investing in the Springfield area.  Since you're in the Berkshires though I have 22 properties available out there, 19 multi families and 3 singles from 2 sellers...83 units total I believe.  If you're interested in hearing more send me a message!