All Forum Posts by: Susan Thelen
Susan Thelen has started 15 posts and replied 77 times.
Post: New to real estate investing, do I need a business bank account?

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
Hi Mark, you can open up another personal account and just use that. You don't have to use a different bank, you can use your current bank. It would probably be easier to use your current bank initially.
Post: Looking to buy first CASH FLOW rental in Phoenix, AZ.

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
Hi Zhengxi Tan, yes it is possible to find deals here in AZ. I have found quite a bit for my investor clients over the past few years. Let me know if you have any questions.
Post: How do I convince flippers to list their homes reasonably?

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
They just don't understand the market and have put so much money into it. All you can do is explain what is going on in the market. After you sign the listing you should show them info on your pricing strategy, "if you have zero showings or offers in 10 days then the market is telling us we are overpriced by 5-6%, a few showings and no offers you are overpriced by 4% and so on..."
Good luck!
Post: I have a giant backyard...

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
That is such a great idea! Whatever you do just make sure to get it approved by the city. I have a client that did not. His neighbors are the ones who told on him and now he is out thousands of dollars because the city will not approve his project.
Post: Real Estate License school recommendations

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
Keller Williams now has free real estate school in AZ. I’m not sure if they have it in Nevada. I could find out for you if you wanted me to…
Post: Selling 4plex with OF wrap loan

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
If you end up selling I may have a buyer for you.
Post: At what point can I buy my first property?

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
Hi Antonio, everyone here has given great advice. Keep in mind that the market, in AZ, is shifting and you will be able to offer under what the property is listed for. We are advising sellers to take any reasonable offer that they receive. If they don’t take it then their property could potentially sit on the market for months and months. The best time to sell was back in January and we are not in the same market anymore. Let me know if you have any more questions 😃
Post: STRs in Mesa, Arizona

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
Hi Brian, I live in Mesa and I am on the Carol Royse Team. We are the number one team in AZ. I have a client that has a STR in Tempe and it does very well due in part to the huge Sports Complex in Mesa. Mesa has a few Spring Training complexes and is not far from Scottsdale and Tempe. The market is getting saturated so you need yours to stand out from others. 4+ bedrooms do better than a 3 bedroom. Let me know if I can help. Thank you. -Susan
Post: **Off Market** Scottsdale, AZ 85254

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
2152 SQ FT + Addition of approximately 365 Sq Ft. They have not had it officially surveyed/appraised.
3 Bed + Office / 3 Bath
$900K
* Great opportunity
* Over $150k in recent improvements/upgrades in the past 2 years
· New kitchen countertops & cabinets
- Office can easily be turned into 4th bedroom
· New wood flooring
· Butlers Kitchen
· Huge laundry room that is renovated
· French doors in family room and master bedroom
· New interior/exterior paint
· New window and door trim
· New roof in the past year
· Guest bedroom ensuite
· 2 fireplaces, one in master bedroom
· New huge walk in closet
· Pool
· Travertine pool deck
· Turf in front and back
· Backyard has a full BBQ kitchen
· 15x10 attached storage
· Water heater one year old
· See rendering in pics of potential to add a two 1 car garage on east and west side of house. Currently has a garage with one spot for parking
· Large lot
Please feel free to call or email me if you have any questions.
480.710.2838
Post: Looking for cash buyers to connect with in Atlanta

- Real Estate Agent
- Mesa, AZ
- Posts 87
- Votes 39
Looking for cash buyers to connect with in in Atlanta, Jacksonville, Denver, Colorado Springs, Knoxville and Nashville.