All Forum Posts by: Brian G.

Hi @Thomas Dorwin 

Interesting situation. I personally would not sell. The guys above are right. Depreciation, deductions and expenses will help decreasing any losses. This is a clear example of the need to double down by aquiring another rental to further offset any losses. Also, if the property is in great shape, repairs should be minimal. All the best

Hi @Dennis Cordero not sure about local VA's (costly) but sites like freelancer and elance are good places to find international VA's with our same time zone. We use them all the time. All the best

@Ryan Dossey. You could be well intended but that wont give you leads. The key is to transform intentions into credibility. Credibility will get you leads (solid ones). I think you have done that around here. I have seen your posts here and there - you sound credible. I just checked out your site. Looks professional. Easy to navigate. The capturing is definitely there. I guess the more lines you throw into the water the greater the fishing 🎣. I am wondering now if there is a way to incorporate some sort of service that allows for you to be alerted when you have a visitor and inmediately enable some type of live chat invitation. I know that sites like clicky.com allows you to see the actual location of your visitor "live" (down to the city). Imagine a seller browsing your site, you know their location and you are now inviting them to chat about their home. All in less than 5 seconds... Sounds powerful. 

Shame, shame, shame. This is one of the reasons why 87% of agents fail to stay in business for more than 5 years. Ton of prentenders out there. Ton of professionals out there too. @Mark Armstrong they want to be top producers without enjoying the process - is laughable. The same process is eliminating the weak/uncommitted. Back to your question: unless you have signed some type of agency agreement with the agent (rare) go hunt for other agents. Let them feel there is competition and that the one that allows YOU to have better control of your own deals will earn your business. Later get your license and stay in full control of your destiny. All the best.

Hi @Jacques Wurms  

Busy South Florida is not giving us too much time to check the forum :-) But @Mark Neiger threw a bone at you. He is a multifamily buy and hold... He already knows you are in Broward. Is he aiming at a $50k or a $1M property? Maybe. Maybe not. Hmmm.   

Once I had a colleague of mine that was a realtor. Intense kind of guy. We know the type. Every time he ran into a "Mark" he pursued investor's team formation. If it was not a "Mark" directly, he will verify "Mark's" circle of influence, family, friends and on and on. Leave no rocks unturned mentality. Today we invest together. Very aggressive and successful my colleague...

Maybe Mark still waiting for this kind of approach. Maybe you already PM him directly.

Experienced investor, as a refresher to my personal development, what are your motives to act on whatever it is that you do? To take action? Do you have any “non RE” daily activities to improve your skills? How does that looks like? Do you have weekly actionable/measurable goals? How does that looks like?

Please educate me.

Thanks,

Buy-and-Hold in Miami. Flipping in Palm Beach. I welcome the intensity of this market. Interested but not committed won't last here...

Walk away. Continue following up with more qualified leads. No more qualified leads? Hit the pavement and act. 

@Cliff Zarbock clever story. I am more on single/condo territory but let me ask the following: 1. It is your hope that you will be able to refi. Is this based on the cash-flow performance of the property or your own credit worthiness? 2. Zero repairs? Not even a door knob? 

Congrats!

In agreement with the others and by now you already validated the preapproval letter or proof of funds from the buyer, right? I dont get why the realtor didnt prepare the listing agreement and met you immediately. No sense of urgency I guess...