Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kathy V.

Kathy V. has started 8 posts and replied 129 times.

Post: The future of RE agents?????

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Sorry for the duplicity Bryan...didn't mean to do that. :))

I will look it up...thanks.

Post: Mold and water in basement investment property

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Michael,

I've had both situations happen to me. Is this a bank you have used before? Do you have a relationship with them?

From my experience, if the appraiser does note it in the report, a re-inspection is required. Then you have time to complete the repairs. It also depends on how bad the mold is.

Post: Avg cost of cleaning a rental in Phx?

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Just wondering....

...what's the going rate for a thorough cleaning of a 1000sf/ sfh in Phx?

Thanks.

Post: The future of RE agents?????

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

(Ok...sometimes my copy and paste skills are not there!!) :oops:

Post: The future of RE agents?????

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

[b]Originally posted by Mike Morrison

Let's face it what the "average" agent is taught conflicts with what an investor needs.

I agree Mike. Times they are a changing. Before I started investing for myself, I was conflicted about how investors view us.

[/b]Originally posted by J. Scott

All that said, real estate agents have a very strong lobby, so they probably won't go away as quickly as they should.

True. If the market ever gets back to "normal", I see traditional agents left in the dust. Especially if they haven't developed a tech presence.

Thank you both for your input.

Post: The future of RE agents?????

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

In full disclosure, I AM a licensed RE agent.

But as an Investor, I have asked myself that question. And I say: it depends.

Most good agents build relationships with their clients. And most good agents are resources for just about anything: attorneys, financing, handyman, lodging, schools, etc.

If you're looking to only use an agent to "look" at the mls, well then I think you get what you get. (BTW, here in NY if I give a non-licensed person access to the mls, that is a violation and I could lose my license.) Agents PAY for the use of their mls, through dues. We pay to belong to a local board for those privileges.

I've read on other threads about this agent does this or doesn't do that. Agents perform ALOT of non $$ things for their clients. Good agents know how to build their business and referrals. And sometimes, after all that work, the agent is the FIRST to get thrown under the bus. And the FIRST person everyone looks to when there's not enough money to close so "can you cut your commissions?"

The internet has changed the agent's job so much. I myself am able to research alot of properties BEFORE I even have to call an agent.

So I'm just putting it out there: What future do YOU see for RE agents? And can agents do NOW to help investors solve their problems?

Post: New Investor from Atlanta

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Welcome James!!

Since you've been reading BP since '08, maybe you can teach me to navigate this site better!!! I'm new too!

Good luck!

Post: Buying On Auction Sites

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Jason, what is the name of the credit union you use in Rochester?

(Don't mean to bump your thread Sherry but he put it out there!)

Sherry...if you don't mine me asking...why Ohio? I would think there's pockets of investments within a reasonable driving distance from you.

And if you ever need a Realtor contact, anywhere, let me know. I'm sure I can help!!

Post: Starting as a property manager? Good or bad?

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Hi Matt!

IMO, if you love real estate, I would go a different route. Being a PM is alot of the same activities, done over and over again. This could lead to burnout.

Can you intern for someone? Can you work on the weekends? There are many activities you can do in RE without having a license.

All the education and reading in the world means nothing until you actually start using it!! Good luck in whatever you decide!!

Post: Latest Before & After of MFR, take a peak!

Kathy V.Posted
  • Involved In Real Estate
  • Rochester, NY
  • Posts 138
  • Votes 11

Looks good Mark! Sounds like you had quite the mess with the "before". Good luck!