All Forum Posts by: Colin Murphy

Hey Guys-

Judging from the title of this post, your assumptions could probably go in a bunch of directions. I just wanted to get your opinions on this from what you may know about the RE laws in California. in 2012 I received my RE license in California, but I never used it (not even once). It has since expired, which I've confirmed on the state board. From my understanding, if my license was active, I would need to disclosed to potential sellers and buyers that I am a licensed agent. Now that it is expired (and I'm working on some first deals after sitting on the sidelines for several years), do I need to disclose that information?

I honestly never used the license in any regard (never completed a transaction while I was licensed). I got it more as a learning experience and was interested for a short time in making a move out of my current industry. 

Any insight would be greatly appreciated. Thank you in advance!

Hello everyone-

My wife and I have been researching Real Estate Investment (just the basics) for the past year or so. We've read many books, watched a ton of webinars, our next step will be to go to a seminar or boot camp (etc.). We've begun to look at different cities to see what is the best market to put our money... only thing is we don't know what to look for.

We live in California, where prices are clearly very high. We have thought of investing some where inland (Modesto, Merced, Bakersfield, Fresno) where prices are a little more affordable. We have also considered going out of state to invest (Phoenix, OKC, Athens OH, Austin TX, have all been on our list). Here is the thing, we really don't know what to look for in different RE markets to determine what positive factors would be.

Any help anyone can give us in this would be greatly appreciated. Thank you in advance!