All Forum Posts by: Robert O'Keefe
Robert O'Keefe has started 6 posts and replied 88 times.
Post: Looking for investor friendly real estate agent
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
Originally posted by @Account Closed:
Just curious, why are you looking into these places? My area has gone from average sale price of 500/sf to 750/sf within the past year, and the Journal Square area has gone from an average sale price of 200/sf to 350/sf within the past year as well. I think cash flow will be sparse; if not, I'd be interested as well in seeing what Jonathan Boyle has to say.
Low absorption rates, lots of new construction projects, and an influx of young professionals moving up from Hoboken and NYC
Post: Advice needed regarding auto insurance policy for agents
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
find a new broker
Post: New Agent in Boston, MA area!!!
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
Best advice I have is starting out is taking 10% of what you earn and putting it back in your business.
This is a great program which is a good start to invest in. Note: I'm not affiliated with them http://www.boomeranggmail.com/referral_download.ht...
Post: New investor from northern New Jersey
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
Welcome to BP!
Post: Tell my boss about working on RE license?
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
What momma don't know, won't hurt her :)
Post: Question for All Florida Real Estate Agents
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
They're all different but what's more important more than splits, desk fees, or any of that jazz is training.
You need a shop with a good training structure. Weichert has a good one and I heard Keller does as well. Have her ask about the training program and review those for choosing your first one
Post: Do you use a separate LLC for each investment property?
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
The problems with LLC too is you have to hire an attorney to represent you.
Many landlord/tenant cases are frivolous. It's kind of like Judge Judy.
If someone files against you, you would have to pay out of pocket for an attorney.
Post: New Member North NJ Central NJ NYC metro
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
Welcome to BP, Jennifer!
Post: How to screen tenants coming from outside the United States?
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
I would avoid entirely and rent local
Post: When to Begin Marketing Property
- Real Estate Broker
- Monmouth County, NJ
- Posts 94
- Votes 17
There's also the school of thought that if you list in the winter, you have less competition. And people still need to move either way.