Posts tagged real estate how tos
What are Special Assessments? - Magic Minute Season 3

What are special assessments? They may not be the sexiest part of real estate, but we have to know it all, friends!

Generally speaking, this situation comes up in a condo building, when the HOA doesn't have enough money in the reserves to complete repairs. You have to have enough money in the reserves to cover repairs, OR the special assessment gets passed to the condo owner.

Example: If your condo building needs a new roof, and there's not enough in the reserves, you have to pay for it!

My rule of thumb for HOA reserves can help out here. I recommend 25K per unit. Check out my HOA reserves video for more info!

Thanks for being part of the rebellion and for being here ❤️ Pete

Got Toxic Clients? - Magic Minute - Season 3

Real estate agents (and other professionals!), we've all been there.

Toxic clients.

Those clients, that, when the phone rings, you get that unpleasant feeling in your belly. What do we do?! Here's how I handle it. I give it two weeks. If, after two weeks, the client and I still aren't jiving, I let 'em go. It can be hard, but let me tell you, getting rid of clients that suck the life out of you frees you up to do good work for others!

Have any of you dealt with this before? Hit me in the comments.

Thanks for being here ❤️ Pete

#ThrowbackTuesday - Leave The Footprints, Don't Follow Them

MEDIA & MARKETING PANEL C.A.R. 2016  

I was invited to speak at the California Association of Realtors Conference in Long Beach, on the Media and Marketing Panel.   As always I will gladly jump on stage to spout about things I'm passionate about and was honored to do so.

One of the main things I spoke about was what I think the secret to being successful in this business is… One word – YOUTUBE.  Lead, don’t follow and find your own information. 

It's funny stepping out of my bubble to see what the rest of my industry is doing and it's always kinda wild to compare what I'm doing.  It seems that real estate, for the most part, is stuck in the dark ages... but I attempted to shine a light on at least my contribution to the industry in this episode of the Vlog...

Leave the footprints, don’t follow them. 

Thanks for being part of the rebellion 

Pete