All Forum Posts by: Brandon Vukelich

Hop on just about any social media platform and start following those agents that work with investors, own investment properties themselves, etc. in the areas you're interested in.  Look on Zillow or Loopnet for listings you're interested in and contact those agents/brokers.  As previously stated by others in this post, call/text/email/msg them.  Anyone like me should respond in a timely manner.  The #1 question you need to ask them is "Do you own (or have you ever owned) any rentals?"  A big mistake I made in the past was using a "Realtor" to help me find investment properties in Las Vegas. She never invested herself or really knew the game at all.  

Network, network, network to build relationships and have discussions about real estate.  If you're short on capital, find a partner.  The capital should flow if you locate a worthwhile deal.  You can also follow my buddies, Cody Davis and Christian Osgood, they have 100+ units all on seller financing with very, very little into the portfolio.  They offer a reasonable educational course under themultifamilystrategy(dot)com.  It teaches creative ways to find deals and negotiate with sellers.  They have a couple of very young students in CA that have secured some deals in TX.  Best wishes in your real estate journey!

My buddies, Christian & Cody, have an educational platform on the subject.  Check out themultifamilystrategy(dot)com.  Off market, seller financed deals is all they do and preach.  They have one pair of 19-year old students that have acquired a couple MF properties in TX.  Best wishes on your search!

I'm a fan of as many doors under one roof or at a single location that I can acquire.  One downside is liquidation or access to capital if you need it in an emergency.  If you have 12 SF homes it is easier to peel one off and sell it for cash than hoping you can do a cash-out refi on a 12-unit apt.  You can have tenant issues everywhere.  I prefer not chasing higher returns vs having pride in what I own.  Quality product to offer quality tenants.

I disagree with leaving all 3 units vacant.  Speaking from the sales side, it is best to have at least one unit available for potential owner-occupied buyers.  I work with many house-hacking investor-types that want a small MF.  Ideally you would fill the other two units at max market rents to show the "potential" rents for the property, assuming all units are same size, floorplan.  Lenders in the group can correct me if I'm wrong but a buyer can use up to 75% of the current rents on <4 unit properties to help qualify for financing.  If you fill all units with tenants, you reduce your potential buyer pool to investors (non owner occ) only.  Definitely would not leave all three units vacant.  Best wishes on your success!

Ditto to @Paul De Luca and @Bruce Lynn. Many investor-buyers want to time the bottom of the market or hope to wait for a huge correction and go on a shopping spree for deals.  I share with them with a variety of popular statements...

"Time in the market is better than timing the market."  

"Buy real estate and wait (hold) don't wait to buy real estate."

"Many long term investors hold 10+ years and you rarely hear them say they regret buying 10 years ago."

On the flip side, sellers are having a tough time accepting the fact they missed the peak by 3-4 months.  I've seen many canceled listings.  I see those sellers currently going through the first 2 stages of the 5 stages of grief: denial, anger, bargaining, depression, acceptance.  I read that these stages are an individual's attempts to process change and protect themselves while adapting to a new reality.  I try my best to share market data and shed light on the buyers' mindset as well.  Many are not willing to accept the new market.

It does depend on the type of leads you are looking to attract.  I only focus on investors but some of these help for buyers/sellers.

1. Spend money networking with your sphere: coffee, lunch, happy hours, baseball games, etc.

2. Create content for YouTube, tiktoc, instagram, etc.

3. Attend investor meetups.

4. Depending on where you live (and availability) become a sponsored agent on BP.

I don't spend ANY money on zillow, realtor, opcity, kvcore, bold leads or do mailings, etc.  Best wishes on growing your business!

Invest in RE by doing BRRRRs, traditional LTRs, STRs, find deals to wholesale or even flip if you have skills, time, resources.  Opportunities abound!

I'm an investor and also an agent/broker + I'm friendly. :)  Just lovin' life serving awesome clients throughout Western Washington state.

Yes, (personally speaking) I won't get too serious about helping clients until they can provide me with a pre-approval or better yet, pre-qualification letter.  Unfortunately, we can't take a buyer's word for it on what they say is their budget.  You get a PA letter for single family or 2-4 unit properties.  As the lenders mentioned in this thread, it provides agents and sellers with confirmation you can potentially afford $500k if you're shopping <$500k.  It's not property specific, although we typically ask the lending partner to put the property address on the letter when we submit it along with any offers.  I prefer to have one no older than 30 days when attaching to an offer.  Best wishes in your real estate journey!