In this episode, Adam talks to investor/realtor Alicia Sierra about knowing what kinds of properties to send investors and the future of city living in St. Louis.
Email questions to Podcast@HermannLondon.com
Host - Adam Kruse https://hermannlondon.com/realtor/adam-kruse/
Guest - Alicia Sierra
ITUNES-http://goo.gl/rs1q9X
Blog-https://hermannlondon.com/podcasts/
Producer - Joey Vosevich
Theme Song by Trastornobeats
1:02 The Hermann London company picnic is coming up
1:11 Adam did the Realtor City Tour in the Tower Grove East and Compton Heights area
1:30 Adam is excited about finishing the Hermann London audit by the Missouri Real Estate Commission
1:45 Adam introduces investor and realtor, Alicia Sierra
2:20-How does Alicia keep all of her deals straight
2:57 How did Alicia fall into a real estate career
4:24 What are the changes Alicia is seeing in the investment market
8:15 What was it like getting into the business right as the market crashed
8:49 What kind of properties are her investors buying and what is their formula
9:36 What is gross rent
10:28 What is cap rate
12:13 It is important for realtors to know what an investor wants and how they like to invest
12:51 Is one particular investing formula more successful
13:33 Are investors who only buy near colleges or in low income areas more successful
14:25 Alicia is also an investor. What kind of investor is she
14:53 What is a turn-key rental property
16:03 Why would an investor want a low risk/low profit turn-key rental
17:15 Are turn-key homes found on the open market
19:10 What are the properties that Alicia finds to be the most difficult on the market
20:45 If you have a home listed, is it better to do a price drop or to update the fixtures
22:42 Alicia studies trends to figure out what will make a house sell
24:06 What affect will IKEA have on St. Louis
26:35 National Association of Realtors put up an infographic predicting the future of city living by 2050 http://narnewsline.blogs.realtor.org/...
28:35 Urban environments, micro apartments, communal living, and green spaces
31:28 What should an investor consider before calling a realtor
34:00 What if an investor wants to invest with their mortgage
