St Louis Realtor Podcast

In this episode, REALTOR® Adam Kruse and REALTOR® Shannon St. Pierre talk to Kevin Kelly, the owner of Snake Bite Co. and Anti- Agency. Find out what Kevin was thinking when he bought a mixed use property to serve as both his home and office and how he gets the most productivity out of his day. Email questions to PODCAST@HermannLondon.com Adam Kruse- https://hermannlondon.com/realtor/adam-kruse/ Shannon St. Pierre- https://hermannlondon.com/realtor/shannon-st-pierre/ Kevin Kelly of  https://snakebiteco.com/ and  http://www.anti-agency.org/ ITUNES-http://goo.gl/rs1q9X Blog- https://hermannlondon.com/resources/ Producer - Joey Vosevich Theme Song by Trastornobeats 1:42 Adam introduces  Kevin Kelly, the owner of  Snake Bite Co. and  Anti- Agency 1:56 Adam helped Kevin buy a building 7 years ago 2:44 Kevin started Snake Bite Co. 6 years ago 3:06 Custom wholesale is a big part of Snake Bite Co. 4:05 Adam and Kevin did an event on Cherokee where Adam was giving away coozies while Kevin was selling his 4:40 Definition of  Perfunctory 6:00 Snake Bite Co. started by making over designed bottle openers 8:35 Adam didn’t know whether to show Kevin commercial properties or funky houses 10:52 Kevin has filmed commercials in his home 11:50 The public office idea fell away after 2 years 13:37 Kevin had to strategize how to stop people from wasting his time by taking less meetings 15:03 Kevin has a system to his day that includes avoiding his phone and reading a book 16:30 Kevin’s problem with pop psychology self-help books and why he often prefers fiction 18:55 Going to a coffee meeting doesn’t mean you furthered your business 19:49 Kevin quit his 60 hour a week art direction job when he was 25 22:22 Adam has friends who works from home but are tracked by mouse movement and phone calls 23:35 “You won’t be happy until you work for yourself but I wouldn’t recommend it to anybody” 24:10 What are vacations like when you work for yourself? 26:18 What happens when no one expects you to be at the office? 29:58 “Being productive is a form of meditation” 31:44 Kevin never takes his laptop out of his office room 39:20 “Time is the most precious currency that people give away so freely” 39:40 Will the Corona Virus cause more people to work from home? 40:35 Kevin hates video conferencing but currently likes  https://whereby.com/ 42:15 Kevin used to lie and say Anti- Agency was 9-15 people but it was just him 44:00 Finding good employees is the hardest thing to do 47:44 Listen to the Anti- Podcast  http://podcast.anti-agency.org/

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk to Amrit and Amy Gill of Restoration St. Louis http://www.restorationstl.com/. Find out how they have succeeded in breathing life back into neglected neighborhoods like The Grove by developing the worst 10% of the properties. Email questions to PODCAST@HermannLondon.com Adam Kruse-https://hermannlondon.com/realtor/adam-kruse/ Shannon St. Pierre-https://hermannlondon.com/realtor/shannon-st-pierre/ Amrit and Amy Gill-http://www.restorationstl.com/ Facebook - https://www.facebook.com/HermannLondon/ Producer - Joey Vosevich Theme Song by Trastornobeats 1:51 Hotel Saint Louis is their latest project 2:23 Everyone within their companies must know the mission statement 2:39 Their mission statement is to strengthen and enhance the communities they operate in by redeveloping neglected neighborhoods and making them great places to live, work, and play 3:08 Adam remembered seeing their double headed eagle logo spray painted on homes 14 years ago  3:28 The first neighborhood they redeveloped was the loop and then they worked their way to the Coronado by SLU campus 4:58 A & A Contracting was their first company 5:39 How did they choose to start redeveloping The Grove neighborhood in St. Louis? 7:04 “Every building is like a person. Single and unrepeatable.”-Louis Sullivan 7:37  In 2003 they mounted an aggressive effort to save the Harris Teachers College 11:06 SLU wanted to buy up everything and tear it down. They would buy the drug houses around SLU and redevelop them. 12:02 The Grove started out as a defensive project in 2004  13:10 Once people find out the Gills are coming, property values jump and speculators start to snatch up properties 14:20 They buy unoccupied properties 99% of the time 15:01 They will map out the entire neighborhood so they can focus on the worst 10% of the property 17:15 Rents in The Grove were around 50 cents a square foot when they started developing the neighborhood. 19:36 When the recession hit, the community banks they had construction loans with went out of business. The bigger banks tried to put liens against their properties 27:15 How do they operate their business differently since the recession? 42:30 How did Amrit and Amy Gill get started in redevelopment? What was the first building they ever bought? What happened when Amrit and Amy Gill tried to buy their first building in the Delmar Loop? 52:08 They worked with Pulaski Bank to create a program where people could cash their checks with no charges and no overdraft fees 56:42 What is the next area they will be redeveloping? 58:07 St. Louisans are down on St. Louis because of the decline of downtown 59:00 They will be expanding Hotel Saint Louis into The Chemical Building next door 1:01:00 To redevelop downtown St. Louis it must be made attractive to young people 1:04:08 If we care about St. Louis as a region and its place in this nation then we’ve got to make downtown a lot more vibrant

In this episode,  Realtor Adam Kruse and  Realtor Shannon St. Pierre talk to Jeff and Shelly Coffman of  https://missourisellnow.com/ about their recent problem with professional squatters and the nightmare they put Jeff and Shelly through.   In 2019 Jordan Harris and Barbarita Jimmerson took over Jeff and Shelly’s Hazelwood, Missouri rehab until  KMOV investigative reporter Chris Nagus got involved and exposed Jordan and Barbarita on television. Find out just how manipulative these squatters were and how they got away with doing the same thing to at least 16 other property owners.    If you have been defrauded by Jordan Harris or Barbarita Jimmerson, contact John Shields at the Missouri Attorney General’s Office at 314-340-3417.    DISCLAIMER: IN THIS EPISODE THERE ARE A LOT OF LEGALITIES DISCUSSED. WE ARE NOT ATTORNEYS. CONSULT YOUR OWN ATTORNEY TO VERIFY ANYTHING DISCUSSED IN THIS EPISODE.   Email questions to  PODCAST@HermannLondon.com Adam Kruse- https://hermannlondon.com/realtor/adam-kruse/ Shannon St. Pierre- https://hermannlondon.com/realtor/shannon-st-pierre/ Jeff Coffman -   https://missourisellnow.com/ Shelly Coffman -  https://humbleseedcoaching.com/   Visit us at  http://hermannlondon.com/  or 7350 Manchester Rd, St. Louis, MO 63143  or Call-314-802-0797 Search For Homes on   http://www.wizah.com/ Download the St. Louis Realtor Podcast- http://goo.gl/rs1q9X Theme song by Trastornobeats 2:00  KMOV did an investigative report on Shelly and Jeff Coffman’s squatter problem https://youtu.be/wnQ8OBOoe4I 2:28 Jeff Coffman got started in real estate investing in 2014 and was able to quit his day job in 2017. Shelly quit her day job in August of 2019. 3:30 Jeff enjoys doing Sub2 (subject to) deals. What is a Sub2 real estate deal? 5:25 What is a kitchen table closing when it comes to real estate? 6:24 Shelly was happy at her corporate job but saw how Jeff’s company was helping people in the community 7:10 Traditionally people think of squatters as homeless people sneaking in and living in squalor but these Jordan Harris and Barbarita Jimmerson were professional squatters that targeted high end homes and lived a life of luxury 8:30 How long did Jeff spend rehabbing this home in Hazelwood? 9:30 Two months before the home was finished, Jordan Harris saw the dumpster in the driveway, walked in the door, and told Jeff he was interested in buying the home. The house was not on the market yet. 10:30 Two days before the home was finished, Jordan Harris showed up to the house again and asked to put a contract on it. 11:47 Jeff is not a licensed real estate agent and uses his own contracts 12:07 Jordan gave Jeff a pre-approval letter and then spoke with Jordan’s lender 13:58 A few days later Jordan asked to take possession prior to closing. Jeff said no but wrote up a 30 day lease instead 14:50 Is buyer possession prior to closing on a property common? Why is the buyer possession prior to closing form considered to be forbidden?  16:23 Did Jeff do any background checks on Jordan Harris? Is it hard to do a background check on someone with a common name? 17:17 If criminals put their superpowers to good use they would become successful 17:56 Jordan Harris asked Jeff Coffman to help him hang pictures on the walls after he moved in 19:11 Jordan Harris moved into the Hazelwood property on July 2nd, 2019 with his mother Barbarita Jimmerson but didn’t want to put her on the lease. Jeff charges more rent for people not listed on the lease 20:12 When did Jeff Coffman meet Jordan Harris’ mother, Barbarita Jimmerson? Jeff showed Jordan and Barabrita another much smaller house 20:55 Jordan gave Jeff $500 up front but stopped paying after that 21:23 Jordan only communicated through texts and recorded all their phone calls. Jordan set up many meeting times to pay but then never showed. Jeff used the  MileIQ app to prove he went to the meet up locations. Jeff also gave Jordan the option to pay via apps like Venmo. 24:04 Jeff’s first red flag after Jordan moved in was Jeff never received the earnest money 25:13 Jordan’s lender went completely dark 25:39 At the 60 day mark Jeff posted a 10 day notice to quit on the door of the Hazelwood home which led to Jordan and Barabarita making angry phone calls to Jeff 26:29 Jeff started the eviction process by getting ahold of an attorney. The official hearing was on Halloween 2019. Jordan showed up to the court date, contested it, and a continuance was issued. 28:44 The second court date was on December 5th, 2019 where the two parties had the option to settle. 30:18 The day before the December 5th court date, Jordan Harris hired his attorney and they were setting up their case while they were sitting in trial. Jeff believes this was on purpose to get another continuance 31:40 Jeff posted about Jordan Harris and Barbarita Jimmerson in multiple investor Facebook groups. 32:35 The judge denied Jordan’s request for a continuance and made them go to trial that day. Jordan claimed the house was uninhabitable. 34:18 Jordan claimed the Hazelwood home was uninhabitable because of low water pressure but Jeff later found out the water company shut the water off but there was a leak so some water was still getting to the house. 35:50 During court, Jordan and Barbarita kept making a scene and begged Jeff to let them stay in the house. 36:30 Jeff won the judgement. What is the difference between a rent and possession eviction and unlawful detainer eviction? 38:02 How long does it take to get a sheriff to come and forcibly evict someone? Do sheriff’s avoid evicting people during Christmas? 39:04 The eviction was scheduled for December 30th, 2019. Jordan Harris and Barbarita Jimmerson started moving out of the Hazelwood property on December 29th, 2019. Chris Nagus of KMOV showed up on December 29th, 2019 to get Jordan and Barbarita’s side of the story after weeks of trying to contact them and trying to figure out where they worked. 39:42 Jeff and one other person found out where Barbarita worked and they spoke to her manager to let them know what kind of person she is.  40:55 On December 29th movers were hired by Jordan. After Chris Nagus and the police showed up, one of the movers started broadcasting the situation on Facebook Live. 42:40 Jordan Harris had Pillar to Post inspect the Hazelwood home but then never paid for the $600 inspection. The movers told Jordan and Barbarita they weren’t going to unload their stuff from their trucks until they got paid. 45:44 Why were there lawnmowers being pushed into the neighbor’s yard during the KMOV report on serial squatters? 47:00 Jordan Harris supposedly ran a lawn service 48:20 Jeff Coffman did in fact have Jordan Harris talk to two additional lenders 49:56 The December 30th eviction day was full of strange behavior. A man wearing a mask stalked Jeff and Shelly while video recording them. Jordan kept driving up and down the street while making gun gestures with his hand.  Jeff called the Hazelwood police who helped clear the house. 54:47 Jeff took control of the house, changed the locks, and installed a security system 55:09 Right before meeting Jordan Harris, Jeff successfully did a possession before closing deal which is why he was willing to do it again. 56:19 How did Jeff Coffman end up on KMOV talking about serial squatters? What has the feedback been like now that the KMOV story has reached so many people? 58:31 Does Jeff think there is any chance to collect on the judgement against Jordan Harris? 59:08 Can you garnish someone’s wages for not paying rent if they were not on the lease? 59:40 How did Jordan Harris and Barbarita Jimmerson use Realtors to find their next target?  1:01:42 Jordan Harris eventually started targeting rehabbers after too many Realtors found out about their scheme. Jordan used religion to convince people to trust him. Jordan told Jeff, “God told me to turn down this street”. 1:02:50 How many people have been victimized by Jordan Harris and Barbarita Jimmerson? 1:04:12 Jordan Harris and Barbarita Jimmerson also squatted in hotels 1:07:39 If you have been defrauded by Jordan Harris or Barbarita Jimmerson, contact John Shields at the Missouri Attorney General’s Office at 3143403417. 1:09:37 If you’re an  agent who would like to work with Jeff Coffman, you can reach him at  https://missourisellnow.com/ . If you are interested in Jeff Coffman’s course on subject 2 investing go to  https://sub2empire.com/ . Shelly Coffman is a registered 500 hour yoga teacher and you can contact her at  https://humbleseedcoaching.com/

In this episode,  Realtor Adam Kruse and  Realtor Shannon St. Pierre talk about the very first steps you will take when deciding to quit your W-2 job and become a self-employed Realtor. Find out the best ways to keep track of your expenses and how long it will take to start making money as a Realtor.   Email questions to  PODCAST@HermannLondon.com 1:41 Adam introduces Realtor Shannon St. Pierre 2:21 This year’s Hermann London theme is “Someday is Today”. Quit putting off those things you've been dying to do. 3:08 So you've decided to become self-employed 3:44 How are escalation clauses used when there are multiple offers and how do different Realtors handle them? 6:22 Why do home-buyers send letters to sellers when trying to convince them to sell the house to them?  9:08 Shannon and Adam are Realtors not CPA's or attorneys. Make sure you consult with your CPA and attorney first. 10:08 Contact Hermann London before deciding to quit your job and become a Realtor and ask any questions you have 10:56 What special things do I need to do to become self-employed? 11:11 What will a self-employed person need to do to have health insurance? 12:30 What should I ask my accountant and lawyer before becoming self-employed? 14:30 Do I need business insurance when becoming self-employed? 14:57 What is the very first thing I should do when starting a business? 15:50 What is my new business classified as to the government? Sole proprietor? S-corp? C-corp? 17:08 Should I file my LLC in Delaware or Nevada? 18:11 How is a W-2 employee different from an independent contractor? 19:34 Do I need an employee identification number (EIN) when becoming self-employed and to open a bank account? 20:24 What kind of checking account should I open when starting a business and how do I avoid bank fees? 22:44 When should I get an operating agreement when starting a business? What is an operating agreement? 25:34 Is it better to have a credit union or online checking account when starting a business? 26:58 What kind of credit card should I open when starting a business? Is there a difference between a personal credit card and a business credit card? 28:46 What kinds of perks do business credit cards offer? 29:59 How do I keep track of my business expenses and should I pay for a Quickbooks subscription? 31:51 Do I need to keep a lawyer or accountant on retainer to run my own business? 32:30 How does Hermann London Real Estate Group help agents with all their legal forms? 35:19 When do I have to pay quarterly taxes when I become self employed? 36:57 Do you have to pay off tax liens before you can buy property? 38:05 How does becoming self-employed affect my ability to buy a house or get financing? Should I buy a house before I quit my full time job? 40:30 How much are the required classes to become a Realtor and are there discounts if you contact Hermann London first? 42:48 Agents often interview the brokerage to see if they want to work there 45:02 Hermann London focuses on retention of the agents they already have over recruiting 46:08 What will all of my expenses be to get started as a Realtor? 47:25 What are the three big things you get access to as a Realtor? What is the MLS? What is Supra? 49:29 How much do I have to pay for continued education fees as a Realtor? 50:00 Is becoming a Realtor one of the cheapest businesses you can start? 50:48 How long does it take before I start making money as a Realtor? 52:20 Hermann London has a big property management department so it’s easier to take a new agent and feed them leasing leads 54:05 How much money does the average Realtor make? 55:10 Should I keep my job while starting my real estate career? When should I quit my day job? 59:38 Realtors at Hermann London are walked through their first sale and Adam will come to meetings and help with paperwork 1:00:00 Shannon has a very interesting listing coming up in Soulard that has solar, a greenroom, is automated, and has emergency lighting throughout. Call Shannon at 314-583-0070 1:03:31 Send your questions or comments to Podcast@HermannLondon.com

In this episode,  Realtor Adam Kruse and  Realtor Shannon St. Pierre talk about what home trends to avoid in 2020. Find out what countertops and cabinets are starting to look dated and why you should avoid installing backsplashes yourself.   Email questions to  PODCAST@HermannLondon.com  Find out more at https://hermannlondon.com/   0:20 Adam introduces  Realtor Shannon St. Pierre. Call Shannon St. Pierre at 314-583-0070 2:23 The Hermann London update 2:30 New agents have joined in the past few months 2:45 The big Hermann London business planning event is on Tuesday, January 14th 4:00 Why is firewalking on Adam’s bucket list? 5:50 Why is finding beauty in chaos on Shannon’s to-do list? 6:45 A gigantic beautiful house that Shannon’s fantasized about living in came on the market so she took Adam to go see it 8:15 There are agent comments in the MLS that the public can’t see. What things are mentioned in the hidden agent comments on the MLS? 9:25 Is it false advertising if there are photos of items that are specifically not included in the sale of a home? What happens if the sauna or stove are not included in the sale of a home but are in the pictures? 11:02 If something is not included in the sale of a house is it better to put it in storage or replace it before listing it? 15:05 Why do you need a Realtor when building a brand new house? When using a Realtor to build a home, how long should the agent be involved? 19:30 When you build a brand new home is it cheaper to get all the base level items from the builder and then have a handyman put in the custom stuff later? 20:38 It’s currently winter but it’s time to start thinking about the spring housing market 22:40 Trends to avoid in 2020 23:06 Are granite countertops a dying trend in homes? Are quartz and wood the new trend in countertops? 26:40 Are traditional wood grain cabinets a dying trend in homes? Are colored cabinets the new trend in homes? 28:43 Is open shelving and cabinetry a drying trend? 31:10 Are closed off kitchens a dying trend in homes? 32:12 What is a dirty kitchen and is it a new trend in homes? Is a dirty kitchen similar to a butler’s pantry where the actual food prep and dirty dishes are kept out of sight while entertaining? 35:16 Are dark paint and wood a dying trend? 37:10 What is the paint color of the year for homes? 40:11 Are do-it-yourself backsplashes and painted cabinets a dying trend? Should you avoid peel and stick backsplashes? 45:25 Why should you avoid the cheap laminated wood cabinets?  46:34 Is ornately decorated items a dying trend? 47:18 Avoiding mismatched styles in your home 48:55 Property spotlight: Adam has 2 houses in Country Club Hills next to Norwood Country Club for sale for around $44,000. Contact Adam if you are interested.

In this episode,  Realtor Adam Kruse and  Realtor Shannon St. Pierre talk to  Alex Zemianek, the founder and owner of JZ Vacation Rentals, a full service short term vacation rental property management company. Find out how JZ Vacation Rentals can list your rental properties on tons of websites like AirBNB, HomeAway, and VRBO all at once without accidentally double booking them AND potentially quadrupling your income. Email questions to  PODCAST@HermannLondon.com 

In this episode,  Realtor Adam Kruse gets an update from  Realtor Shannon St. Pierre on the progress of her Tower Grove rehab. Find out how hard it was for Shannon to take over someone else’s unfinished rehab that wasn’t up to code. What happens when you have to cut down trees and move the stairs? Email questions to  PODCAST@HermannLondon.com 

In this episode,  Realtor Adam Kruse and  Realtor Shannon St. Pierre talk about the traits and myths of the winter market. Is it possible to get a better deal in the winter? Is there less competition? Email questions to  PODCAST@HermannLondon.com 

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk to George DeMere from Endeavor Capital Mortgage about credit myths and explains what actually affects your credit score. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk to Vinnie Valenza, Anne Valenza, and their 4 month old Vinnie Jr. Find out what it’s like to run a real estate team with your spouse. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and a few of his agents talk to Maureen McMillan about being a historic preservation consultant and how people can receive federal and Missouri historic tax credits for residential and commercial rehabilitation projects. For the Mortgage Minute, George DeMare of Endeavor Capital Mortgage talks about the Fastrack Mortgage Program. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse, Realtor Shannon St. Pierre, and listener Henok Tekle discuss all the factors to consider when deciding whether to sell your home or turn it into a rental. Find out what to do if bad neighbors are turning off potential buyers. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre give their 10 seller tips to maximizing the sale price of your home. Find out why selling your house needs to come from an informational not emotional standpoint. Also, Mortgage Broker John Charlton of USA Mortgage gives his Mortgage Market Minute update on the 3 P’s of buying a home while still living in your current home. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk shipping container homes with Zachary Smithey and Joseph Bandalos at La Mancha Coffeehouse right down the street from the shipping container house they are building in Old North St. Louis. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk about distressed properties with asset manager, Ben Nichols, of Nichols and Associates Real Estate. Find out what happens during the foreclosure process and what to do if squatters are found. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk to Ben Dodd, the president of Freedom Credit Solutions. Find out if you should close that Old Navy charge card and if autopay is lowering your credit score. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk to attorney Lisa D. Brown, about wills and trusts. Find out why it is never too soon to start thinking about what will happen to your estate when you pass away. Email questions to PODCAST@HermannLondon.com

In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre talk with Laura Costello, director of real estate for the St. Louis Development Corporation, about the L.R.A. (land reutilization authority). Email questions to PODCAST@HermannLondon.com

In this episode, Adam talks to Than Merrill of A&E's Flip This House and Fortune Builders.They talk about how realtors can better work with investors, keeping contractors on a payment schedule, seminars, private money lending, how to make money in any market, and the value of partners. Email questions to Podcast@HermannLondon.com