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All Forum Posts by: Claudio Valdivia

Claudio Valdivia has started 4 posts and replied 18 times.

Post: Live-in Flip - Virginia Beach, VA

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

Nice work Bruce!  What did you roll the proceeds of this sale into? 

Post: Looking to connect with real estate agents that work with Investors in St. Louis

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

I've identified St. Louis as an area that I plan on purchasing investment properties in and would like to connect with real estate agents that work in this market specifically with investors.  

Post: Brokers in Hampton Roads

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

Hey @Michael Llewellyn! Do you plan on pursuing real estate full-time?  If not, then I would recommend seeking out a brokerage that accommodates dual-career agents.  I always recommend that newly licensed agents join a high-producing real estate team so that they are able to fast-track the learning curve while working with team leads and earning a commission check. Not all brokerages or teams are created equal so I recommend interviewing a few to see which one feels right for your personality.  There are tons to choose from in the area.

I hope this helps.  Feel free to reach out if you have any additional questions or would like to chat more about the business.

Best of luck to you on your new endeavor. 

Post: Working with Real Estate Agents as a Newbie Investor

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

So first off, I’m a real estate agent that works specifically with real estate investors. I preface this post with that because most agents that work with a majority of retail buyers will not understand the advice that I am about to put out there. 

I’ve had a lot of conversations with newbie real estate investors recently, and the amount of time that these folks have committed to education is amazing! Bigger Pockets obviously plays a huge role in that education. Folks are familiar with a wide range of investing strategies, where to begin and who to reach out to in order to get going on their investing journey. Inevitably these folks pick up the phone and reach out to a real estate agent to express their interest in real estate investing and to see if the person that they are reaching out to is going to be a good fit to add to their team.

This bring me to my topic / advice for newbie investors. The conversation and the agent that you are looking for when it comes to investing, is completely different than that of a traditional real estate transaction. Most retail agents are use to going through an interview process with prospects and selling those folks on why they should work with them. The conversation depending on how good of a sales person that agent is, usually results in a buyer broker agreement which basically states that the prospect agrees to become a client and will work exclusively with the agent that they have signed with. Please listen to me when I tell you this, do not lock yourself into working with just one agent! Don’t do it! This will hold you back from being able to pursue deals as they come along. The more you network with other succesful investors in the area, the more you’ll see that they work with more than one agent. If an agent has a deal that you would like to pursue then you sign a buyer broker for them to represent you on that specific transaction with the understanding that if another agent brings you a deal, you are within your rights to pursue that deal with the other agent.

If the agent(s) that you’re working with now or the ones that you come across in the future do not understand this concept, I would suggest educating them on what you’re trying to accomplish and why you want to keep your options open to work with whoever brings you a deal. If after explaining this they are still unwilling to allow you the flexibility to work with other agents, then I suggest you move on.

This is a people business, and I believe in being loyal to the folks that are loyal to you. If someone takes great care in helping you grow your business, then make sure you do the same for them. But, don’t handcuff yourself or your business to any one person.

I hope you’ve received value from reading this post. I’m happy to chat more about this or any other subject.

Happy Investing y’all!

Post: First FLIP = another base hit

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

Great recap @Sean Rooks. I’m glad that you took away so much from this experience and you’re now sharing what you learned with others.  So many great nuggets of wisdom packed into this post. Great job brother!

Post: Cold Call or RVM (Ringless Voicemail)

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

@Michael Quarles Would you mind sharing your RVM script with me please?

Post: Hampton Roads Investor Meetup: Chat with a CPA

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

Post: Hampton Roads Investor Meetup: Chat with a CPA

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

As we wrap up 2019, its time to start thinking about how to protect the gobs of money that you’ve made from real estate investing this year and plan for 2020! Come chat with Ted Colna, CPA of Zuckerman & Associates, who specializes in working with real estate investors.

Post: Hampton Roads MFH purchas

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

Hi @Zacchaeus Miller!

I would recommend connecting with and chatting with @Jonathan New.  He is a navy officer and real estate investor that is making serious moves in the area.  I think that you guys will connect on multiple levels.  If there are any questions that I can answer for you in regards to the market, feel free to give me a shout.

Post: Class A Contractor w/ $40k to invest

Claudio Valdivia
Posted
  • Real Estate Agent
  • Virginia Beach, VA
  • Posts 20
  • Votes 15

@Ryan Smith The recommendation that @Sean Rooks posted above is solid advice. Quality contractors are in high demand for real estate investing. If you are willing to commit finances to a deal and can do quality work on the construction side, you will not have any problems finding people to partner with that can share with you their experience. 

I would recommend attending some local investor meetups to network with potential investor partners and continue growing your education.