All Forum Posts by: Colin Higgins

Hello everyone,

I'm looking to buy my first property and could use some advice. I got preapproved for a loan, but I am not able to make a large downpayment, so my loan isn't particularly large. Right now I would have a 5% conventional loan with the intent of living in this property for the first year. Ideally, I would find a duplex, and live in one unit and rent out the other. If not, I would get a single family and house hack with some friends for a year. Unfortunately most properties within my price range are not in a great part of town. I know the sooner you get a property the better. And I also know location is a big factor. Would it be better for me to try to get a property within my price range sooner even if the location isn't the best or to wait until I get a higher paying job this fall, so that I can hopefully afford better options even though it would take much more time? I'm hoping this is the first of several rental properties throughout my investing career. Let me know if you have any thoughts, thanks!

Hey all,

I am a NY realtor and soon-to-be BNY Mellon Operations Analyst in Orlando, Florida. I am looking to start making real estate connections in Orlando. I've been doing residential deals in NY, but I want to specialize in commercial once I get my Florida license. Looking for the best RE meetups in Orlando as well.

Hi Everyone,

I've just passed NY State license exam and looking to start working as a real estate agent. Need to find a broker so I can apply for a license and work thereafter with that broker.
Originally, I got the license for my own deals but figured I can also do deals for my coworkers. So I am planning to work part time, its possible I make no deals some years. 

I spoke with some big brokers and was put off by monthly technology fees. Those might be useful for full time agents, but it seemed like an unnecessary expense for me.  I also don't really care for the big kahuna name broker. I do care about the reasonable split, since I don't expect to bother my broker much except when I bring the check. 

Does anyone know a good broker that might be a good fit here?

Thank you very much BP community! 

Aloha,

Decide if you are running a charity or a business, and operate as such. It just won't work trying to do both, and you are likely to end up with a Fair Housing complaint from someone that you choose NOT to help.I hope your eviction included the adult kids, or you may not be seeing a paying occupant any time soon. If you want to help them, sit down and negotiate a written agreement for repayment once they HAVE vacated, so as not to damage their credit further. And hold them to it. Also, you generally have to get the money judgment in order to go to collections.

Going forward, always get ALL adults of legal age on the Rental Agreement, with a "joint and several" clause so they are ALL responsible for 100% of the rent.