All Forum Posts by: Nina Hayden

This reminds me of all the unethical straw buyers and all sorts of crap I witnessed back in 2006.  

@Jose Vazquez Congratulations on becoming a realtor.  Few things to always keep in mind as you grow your business:

1. Find and adopt a system you follow consistently (networking, generating leads organically, managing your database, managing your time, managing your marketing effectively and cost efficient) 

2. Have I mentioned you need to stay consistent?! Really, this is crucial. 

3.Always stay ahead of your clients by doing as much research as possible and even crunching numbers.  

4.Set expectations from the beginning and learn to communicate this up front. For example letting your clients know how you prefer to commucate, what should they expect from you, etc. 

5.Dont be afraid to change.  If at any point you feel KW isn’t the brokerage that best fits your needs and plans  then feel free to shop around. I find some agents realize once they are good at branding themselves and generating their own leads they switch to more boutique firms with less fees to maximize their commissions. 

6.If in the first year you don’t  go after building that pipeline, then the second year you’re going to have to work twice as hard to see results.

Good luck and stay positive daily! 

@Brad Penley How Long will you be stationed in Florida? And do you plan on going back to San Diego?  A lot of great advice here.  These two questions would help you think about the bigger picture.  

@Daniel Tisdale where in Austin are you located? Location is where you want to be in Austin; otherwise walk away.  When you say there will be more than one investor I’m assuming your splitting the cost and profits (if any when you decide to sell)? 

@Lexi Teifke are you holding and renting that condo?  I’ve been meaning to check that place out. I’m all over east side on Riverside 

@Bill Drutz First, I want to commend you for asking for advice and being open to it to help your situation. You have gotten a lot of great advice.  The biggest one is to try to stay proactive, even if taking small steps. As someone said you’re going to need to change your mindset and how you manage the debt and any income.  Dave Ramsey will help with this!  I also recommend you check out a budgeting software called YNAB (You Need A Budget).  It does cost, but small amount of $60 or so.  You only pay once.  They have a forum for support and to teach you how to manage your debt/income.  Go check it out.  I think if you post this question there with the same details you’re going to get a lot of great advice.  I sent a few people there and they all had success.  Keep educating yourself and seeking advice.  I don’t recommend not paying your loans.  Definitely seek them and let them give you options. Best of luck!  

Condos  in Austin are great provided you have location, location, location and rent demand!  

Great to read all the responses and what works best for everyone. For me, it’s simple: cash is king and having the reserves to weather through anything. 

I’m looking at a property and would love some feedback from other BP members that have invested in this area.  

Would like referrals for contractors that BP members have used in the Austin area.  I have a few, but always open to see who else is out there that is highly recommended.  

Thank you!