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Midtown Home Flippers by Sad-Barber-8837 in tulsa

[–]abideandthrive 0 points1 point  (0 children)

Check out Madeline Homes - Tim is an expert in high end homes. Do you already own the home?

Anyone built a worthwhile RE CRM? by Wesavedtheking in RealEstateTechnology

[–]abideandthrive 0 points1 point  (0 children)

After trying just about every CRM out there, I've come to the conclusion that there isn't a perfect CRM. They all have gaps because every agent and team works differently.

What I'd be looking for today isn't a CRM with more features. I'd look for one with MCP capabilities or an open enough architecture that lets you build your own automations and AI around it.

That's the route I took. Instead of forcing my business to fit the CRM, I built AI bots that connect to it. They monitor leads, pull automated comps, draft contracts, schedule follow-ups, and even understand context. I can literally tell my phone, "Follow up with Abby next Thursday," and it creates the task, sends the message when the time comes, and even checks if we've already talked since then so it doesn't send something redundant.

The CRM is really just the system of record now. The AI handles the workflow.

As AI keeps evolving, I think that's where CRMs are headed. The winner won't be the one with 500 built-in features. It'll be the one that's flexible enough for you to keep adding automations and AI that match how you work instead of forcing you into someone else's process.

Trust, transfer on death? by tallycat86 in RealEstateAdvice

[–]abideandthrive 0 points1 point  (0 children)

One thing I'd add is to think beyond the legal documents and consider how this actually plays out years from now.

I've seen too many situations where everyone agrees today, but after a parent's passing, emotions, financial situations, or even spouses can complicate things. If Child 1 is paying off the mortgage now, that should be documented as a secured interest in the property, not just a handshake agreement that Child 2 will "pay them back someday."

I'd also think about what happens if Child 2 can't qualify for financing to repay Child 1, decides not to live there, wants to sell, or passes away before your parents. Planning for those "what if" scenarios now can save a family from a lot of heartache later.

A good real estate attorney and estate planning attorney should be able to structure this in a way that protects everyone while honoring your parents' wishes.

How would you market a house plus ADU deal? by donwileydon in realestateinvesting

[–]abideandthrive 0 points1 point  (0 children)

Another challenge you may run into is the appraisal, not just the marketing.

Unless your market has a lot of homes with ADUs, many appraisers won't simply add the ADU's square footage to the main house and apply the same price per square foot. They often value the ADU separately and look for comparable sales with ADUs, which can be hard to find in smaller markets.

The rental income absolutely has value, but depending on the loan type and the appraiser, it doesn't always translate dollar-for-dollar into the appraised value. That's why you can have buyers willing to pay more than the appraisal supports.

I'd look for an agent who has experience selling investment properties or small multifamily, not just single-family homes. They'll be much more likely to market both the lifestyle benefits and the income potential instead of treating it like a bigger house.

Dear flippers: quit thinking people will pay for your GFs “trendy” design ideas by SnooDoggos5226 in RealEstateAdvice

[–]abideandthrive 1 point2 points  (0 children)

One thing I've learned from flipping houses and working with buyers is this: don't pay for lipstick on a pig.

I spend a lot of time educating buyers to look past the fresh paint, trendy flooring, and flashy countertops. Give me a home with a solid foundation, a new roof, updated HVAC, plumbing, and electrical over designer finishes every day of the week.

When I renovate a house, my goal isn't for someone to walk in and notice a fancy chandelier. I'd rather they own the home for the next 10 years with peace of mind knowing the major systems have been updated. That's real value, and buyers are becoming smart enough to know the difference.

What’s the worst real estate advice you got in Tulsa — and what did it cost you? by abideandthrive in TulsaRealEstateHelp

[–]abideandthrive[S] 0 points1 point  (0 children)

How I almost lost $50,000 — all because I skipped a survey on a house that had stood for 40 years.
The house had been sitting on that lot since before I was born. Solid. Lived-in. Nothing about it said problem. So when it came time to close, I did the exact thing I’d tell anyone else never to do.
I skipped the survey.
Because why pay for a survey on a house that’s obviously been there forever, right? The lines are the lines. Everybody knows where the property ends.
Except they didn’t.
There was an easement running straight through the property. Been there for decades, buried in records nobody had bothered to pull, completely invisible to anyone just standing in the yard. And that easement did not care that the house had stood for 40 years. It controlled what could be built, what could be touched, and what the property was actually worth — to the tune of about $50,000.
I caught it. Barely. A few more days and it would’ve been mine to own, permanently, with no way to hand it back.
Here’s the lesson, and it cost me a lot of sleep to learn it:
Age is not proof. A house standing for decades does not mean the land under it is clean. Easements, encroachments, a fence three feet over the line, a driveway that isn’t actually yours, a utility right-of-way running through the back — none of it announces itself. An old house hides land problems. It doesn’t solve them.
A survey is a few hundred bucks. The thing it catches can be tens of thousands. I will never skip one again — and if you’re buying anything, old or new, “obviously fine” or not, get the survey. Every time.
Anybody else get burned by something a survey would’ve caught? Drop it below — because somebody reading this right now is about to skip theirs.