Real Estate Agent’s Commission Explained
Friday, November 12
So what I'm going to do is explain the real estate Commission. It varies from state to state whether you have a real estate agent or a real estate broker. As an example, in North Carolina, you have what's called brokers, and then you have what's called a Bick or broker in charge. So everyone in t...
HOW I LOVE TO USE VIDEO CAMERAS at all of My Real Estate
Thursday, October 28
You got to check local laws or laws within the rental site that you're using if you're doing airbnb or that kind of thing. I'm a big fan of cameras. I love them and I like to use the arlo pros. As a general rule I use the arlo product. It's wireless and has a good software interface. The batterie...
SHOULD I BUY REAL ESTATE IN AN LLC?
Wednesday, October 27
So the first part of that question is should you buy a property in an LLC? And this is kind of a dividing point. Let's say you borrow money from what's called a soft hard money lender. Someone who's lending institutional funds at a rate of eight percent with two points. So they're a soft hard mon...
ALWAYS CONTEMPLATE THE WORST CASE SCENARIO
Wednesday, October 27
This question here is based on; Can I get seller financing from a friend of a friend who's going to sell me the home, I think i can rent it and cash flow it. So the answer to that first is, once again you're headed on a market that's going to fall or correct back so it better be a great deal. Sec...
BEST REAL ESTATE FINANCING MOVE
Wednesday, October 27
Your question is; is it better to go cash or is it better to finance if you're going to rent? That's a pretty simple question. You don't want to go hard on money, because hard money normally comes at a rate of around 12 percent. It can be as low as about 8, not much lower than that. Where obvious...
NO CASH FLOW, BUY AND HOLD
Wednesday, October 27
So your question is; Number one, should I buy a property right now that I can buy and hold? The second part of that question is currently the prices of the houses in Raleigh Durham. And this could be anywhere. Currently the prices in Raleigh Durham are 250 000, with rents of 1500. Which means tha...