All Forum Posts by: James Holland

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This was the reason I let my license go. Short answer, no. Not really. Depending on the state and the broker. But there are different disclosures when the agent is buying. It is not EXACTLY the same as an investor. The simple way we used to get around this was take title under a Land Trust. Simple form. Simple to get recorded. To keep track of all the deals we would simply name the land trust the property address. Because it really isn't that important for what we were doing. And usually just temporary and that land trust was only attached to that property. Next deal was a different land trust. Different then a DBA or using your LLC.

Example: 177 Front Street Land Trust.

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As always.... Disclaimer:

this is not legal advice. This is not even regular advice. This is purely for entertainment purposes only. Everything stated above should be taken as a joke and should be ignored completely. These statements have not been quantified by the FDA. Allergy warning: May contain nuts. check with your attorney and your local regulations.

Freedomsoft has that capability. As well as a few others. Not sure if it is yellowletters.com or not

Interesting situation Hannah. Without knowing more, it is kind of hard to say. If you are not getting any compensation or part of the deal in any way, then you are not acting as an agent and "SHOULD" be clear not matter what.

You should always check with your local county or even with your company to see their take on it. Shouldn't really be a problem at all. Just a friend helping a friend get more exposure for their property. Happens every day

 Confident.  OVERLY Confident. Back when I was young (and dumb) I had an insanely (sometimes naive ) confident belief in my own abilities. I actually kind of admire my younger self. I wish I was still like that to be honest. It allowed me to take more risks and learn as I go. Where now everything is meticulously calculated. Which can sometimes be just as much as a burden as over confidence. Usually worse. Resulting in analysis paralysis... where you spend more time trying to get everything perfect, but no action actually happens.

Born and raised in Sacramento. Happy to see these numbers. will be following this thread

My first deal was when I was 19 going on 20. it was a 2bd 2ba condo/duplex. Bought for $64k and sold it about 18 months later for $175k. ahh good times.  Your age, if anything, is an asset to what you can accomplish in this business

Hi Bob. Did you ever get your investor?

Are you in Real Estate because you are driven by passion, or is it something you do because you are good at it or because of the profit potential?  Is it a way to make money and a means to something else or outright passion of yours? Why are you in the real estate busines? Has that reason changed over the years?

This was an interesting topic that started in another investment group I am in. It was insightful and learned quite a bit. It is amazing and powerful to learn from others. So I wanted to hear from bigger pockets members.

I would start with the bigger pockets book " buying with low and no money down". Great a place as any to start.  What are your strong points? You could exchange your footwork for an investory or Joint Venture partner to provide the funding. Could easily be a win/win partnership