Ep. 19 Alicia Sierra Investor/REALTOR®

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 [email protected]  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