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Updated about 8 years ago on . Most recent reply
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How to properly be a Realtor/Investor
I'm a new Realtor in Utah. I have always had an interest in real estate investing, in fact, my broker suggested it. I'm interested in Flipping and buying Single family homes for renting.
This year my goal is to Flip at least one property and purchase one property to rent. Being new I have yet to learn all the ins and outs of the business both as a Realtor and Investor.
I have lots of questions but I feel this one is most important for now and will hopefully help others as well...
As a Realtor Investor what do I need to watch out for so as to not get myself into trouble? Both Legally and with the Board?
I am a huge advocate of doing things right but I don't want to get myself into a trap because of my ignorance. I plan to discuss this with my broker as well but I would love feedback from the community as well.
Most Popular Reply
Do things by the book. Get around people doing the same with ethical standards that you have. As I've heard before, "if it doesn't feel right, don't do it.", or, the one I just made up "Will you be okay or happy if what you're about to do goes viral on social media?".
Enjoy the journey