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All Forum Posts by: Bobby Paquette

Bobby Paquette has started 65 posts and replied 190 times.

Post: Beach, Mountain or City location?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @Caitlin Cartwright:

Beach, 100%… being near a significant body of water has always seemed like a major predictor of appreciation in value to me, and there seems to be STR demand year-round. Just my personal choice and opinion!


 I do think being near the water is an appreciation market, for the most part. What about insurance costs?

Post: What is one thing you do daily or weekly for your Real Estate goals?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @Eliott Elias:

Stay on top of the economic news, roam the MLS and look at expired/pending data weekly.


 Def a few good things to continue to look at!

Post: What is one thing you do daily or weekly for your Real Estate goals?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @Chris Seveney:
Quote from @Bobby Paquette:

What is one thing you do daily or weekly for your Real Estate goals? If you are an agent and an investor, what about one thing you do in each business? 


 Being at inbox zero every day and spending time on the vision of the company and not just the day to day operations. 


 Love it! Comapny, as in a team of agents? What kind of company? 

Post: What is one thing you do daily or weekly for your Real Estate goals?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @Michael Paling:

I've been trying to utilize the Miracle Morning by Hal Elrod. The first hour of my day consists of meditation, reading, journaling, visualizing goals, and affirmations. I'm supposed to exercise too, but I tend to leave that one out. This whole process helps me set plans for the day and what I'm going to get done, along with continuing to reaffirm my written goals. 


 I am familiar with his book, what goals are you visualizing? 

Post: What is one thing you do daily or weekly for your Real Estate goals?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @Amir Khan:

@Bobby Paquette I am an investor, so I have my goals laid out for the 5 years, 3 years and 1 year. I use 12-week year system (from the book with the same name) with great success. The 12-week year breaks the long term goals into 3-month increments and further into weekly tasks. A weekly task could be as simple as search and underwrite 1 deal. If you are underwriting 4 deals a month and placing offer on 1, you have a greater chance of buying a deal in 3-6 months.


 Awesome way to do it, thanks for sharing!

Post: Beach, Mountain or City location?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87

If you could only pick one type of location to invest in STR's for the rest of your investing career, which type of location would it be? Near the mountains(Like Gatlinburg), near the beach(Like Destin), or in a city(Like Vegas) and why?

*Doesn't have to be the locations I used as an example just wanted to give an example! 

Post: What is one thing you do daily or weekly for your Real Estate goals?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87

What is one thing you do daily or weekly for your Real Estate goals? If you are an agent and an investor, what about one thing you do in each business? 

Post: Interest Rates, where are they going?

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87

If anyone saw @Dave Meyer IG post the other day, you can guess rates are going to rise to low - mid 7% (Some are already there). I know no one has a crystal ball to tell the future, but I am curious on everyone's thoughts about where rates will be at to end 2023, July 2024 and end of 2024 along with why you think that?! At point do you think, if ever we will see around 5% again? 

Post: Locks for out of state Landlords

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @Denis Ponder:
Quote from @Bobby Paquette:
Quote from @William Powell:

I'm using a NEST Yale lock. It allows control from anywhere thru a Google and or NEST app. You freeze the pad and change codes. I like it.

https://store.google.com/produ...


 Awesome, Thanks for sharing! 


Beware of these!  I have them on my house and there is no key backup on these.  They are somewhat tedious to set up but adding guests and changing codes is fairly simple.  However, I would not purchase these for a rental since there is no key back up.  Makes me nervous even having them on my house but they have held up so far.


 If you were to have ones with Key back-ups on rentals and those rentals were out of state, how where would you keep the keys? With you, out of state? 

Post: Locks for out of state Landlords

Bobby Paquette
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 220
  • Votes 87
Quote from @William Powell:

I'm using a NEST Yale lock. It allows control from anywhere thru a Google and or NEST app. You freeze the pad and change codes. I like it.

https://store.google.com/produ...


 It looks like you need to connect it to wifi through Weave, does that sound correct? I don't have any google products in my house currently