DO YOU HAVE TIME TO TAKE OUT A CLIENT LOOKING TO PURCHASE AN INVESTMENT PROPERTY PHOENIX, ARIZONA?
I received a phone call this Friday afternoon from my property manager who overees Renter's Warehoure Property Management. We started talking about our topic for Real Estate and Beyond RadioShow each Saturday from 12-2PM Phoenix Mountain Time. So, he asked me if I had anyone on my team to take a client who was in town from Minnesota for the weekend to purchase an investment property. He does not specialize in purchasing real estate. He specializes in property management. So, I said I would take her out at the last minute. I am always up for the challenge. Did Batman every turn down an opportunity to bash the bad guys when he saw the bat in the sky? Did he always answer the Bat phone? Grandpa said never give up work for today because it may not be there tomorrow.
So, I made contact with the client. It has a husband and wife in town for the weekend. She explained to me that they were looking to purchase an investment home. She asked if I had time to look at homes. We made an appointment to meet Saturday afternoon. Did I mention that it was pouring rain here in Phoenix, Arizona? I met up with the couple. I introduced myself. I met them at a house they were interested in seeing.
One must be a master at their profession. I love real estate investing. So, I informed them of the Phoenix real estate market. Then, I proceeded to inform them about protecting themselves by putting each property into limited liability company and obtaining $1 million umbrella insurance policy to create two layers of protection. Also, we went over out of pocket expenses when it comes to acquire an investment property that includes appraisal, home inspection, llc set up fee and travel expenses. I sent them an Excel spreadsheet to breakdown the expenses. They had a lot of questions in which I had an answers. So, I proceeded to show them homes in different areas. I explained the plus and minus of each house. I very much enjoy my profession.
Now, it was time to ask that favorite question as a Realtor-Would you like to make an offer on this home? They said agreed it was time to make an offer on the home. I spent four quality hours with them. I have created the Real Estate and Beyond Team as a one stop shop for real estate investing. We make investing in real estate very easy for people who live out of state or country. We are here to serve the client.
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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