All Forum Posts by: Anna Laud

I posted this just a few minutes ago in a nearly identical vague post like this:

I see a lot of questions like this, I would start with something that you do well already and compare this to that. If I said "I'm looking to workout but don't know where to start" or "Looking at going back to school but don't know where to start" or "Looking to find my soul mate but don't know where to start" those are often too vague to get any useful answers.

It can actually discourage people from even trying to answer actually, I see this and think "I'd love to help but I don't know where to start" so I would say ask yourself how you would answer somebody asking that about working out, swimming, dating, knitting, dieting, work on cars, etc. anything that you do know about.

Getting into business or real estate is no different than any other skill, the same way you learned to drive. To get good and clear 100k+/mo and to really help people will require obsession. I would say if you're not ready to obsess over it then move on to something that you are willing to. Hope that helps. Thanks.

What an interesting question I will be meeting with an attorney of mine later today and I will ask about this and maybe make a video about this I have questions like:

What is the legal process of an animal becoming an "emotional support animal"?

As a landlord what does a tenants "emotional support animal" mean for me and normal pet restrictions?

How can I get insurance for "high risk dog breeds" if they are emotional support animals?

Any other questions you think I should ask please let me know.  Thanks!

I see a lot of questions like this, I would start with something that you do well already and compare this to that.  If I said "I'm looking to workout but don't know where to start" or "Looking at going back to school but don't know where to start" or "Looking to find my soul mate but don't know where to start" those are often too vague to get any useful answers. 

It can actually discourage people from even trying to answer actually, I see this and think "I'd love to help but I don't know where to start" so I would say ask yourself how you would answer somebody asking that about working out, swimming, dating, knitting, dieting, work on cars, etc. anything that you do know about.  

Getting into business or real estate is no different than any other skill, the same way you learned to drive.  To get good and clear 100k+/mo and to really help people will require obsession.  I would say if you're not ready to obsess over it then move on to something that you are willing to.  Hope that helps.  Thanks.

@Account Closed good job and I don't think anybody is being rude but I've seen a few of your posts and I don't really follow the purpose of your posts either.  My mentor has told me that it is all about the questions you are asking and answering.  In this case the cap rate is about 5% which would only be good in an A area.  Maybe posting questions or the main reason for sharing would help you get more ("support") out of the forum here.  

Hope that helps.  Thanks!  = )

Do you have any online videos of this?  Thanks.

Great comment @Irene Nash and yes the main comment is true that being "responsive" or professional seems like a low bar, but even that is a lot to ask.  Most people in most any profession are lazy, unmotivated and un-remarkable in nearly any way.  The stars will stick out.

I have sent buyer and seller leftover leads to realtors and at least 7/10 will drop the ball or blame the "bad leads" but that one or two or MAX three out of 10 will turn dust into diamonds.  A great listing agent is like a great anything, uncommon and the real question is what are you doing so special to attract and keep people like that on your team.  Thank you.

A facetime can work, also send a nurse or a certified health professional through with facetime or skype on.  I've done that for the opposite because I don't want to enter the houses lol.

Thanks @Ryan Kelly, so basically it was your research that nobody else seemed to notice?  I ask because like @Roc Pilon said it seems to be about creating the deal and I was wondering how you were doing it, I take you just do a lot of research on the market rents and find the gem?  I'd love to hear how you guys are "creating deals".  I don't always have so much success with that because there are things about a higher rent place that often help it demand more.

I have been using more remodeling or landscaping or something other carrot to get the rent up.  To test this I sometimes market the houses just to see the kinds of calls I get.  That has been the best way for me to create the opportunity.

I would focus on the thrill and what gets you going.  If you have a good job and income then you can put the acquiring on auto-pilot and pick up conservative houses that are not exciting but will pay off and produce cash in 3-5 years or longer.

You can acquire plenty of great deals with zero down, sub2, MLO and many other ways but it would require being in the business building mode where you market, generate leads, convert leads, have follow up systems, etc.  Passive investing can seem boring I always tell my folks go do what gets your blood pumping.  Life is short, you have to love every second and I sold off 20 rentals because I got sick of the small claims courts lol.   

What a good problem to have lol.
I would say never sell just about anything unless you know you're buying something better.  I just made a fast 50k on the Apple stock split but I thought it was going to be a lot more but their problem is that they don't know what to do with their cash.  Steve Jobs never had that problem LOL.
I would keep it unless you have a solid place for the 400k.  I'm thinking about making a video about this question and others so if that would help more info on your situation or other questions would help.