All Forum Posts by: Dimas Espejo

Good Afternoon BP!

Just passed the state exam yesterday. (Yippie for me) lol, I want to know some of the best ways I can use this for my advantage in the Real Estate Investor industry. Obviously I will have access to MLS, but are there any other benefits, to having your Real Estate License when it comes to Investments? It may sound like a dumb question, but being a newbie requires me to inquire. Thank you all for your time.

Hello my fellow BP Members!

Its always a pleasure to receive feedback from such knowledgeable individuals. So here is my question for you:

I recently (yesterday) passed the Florida state exam to obtain my Real Estate License. I obtained it for Real Estate Investment purposes, but need to hang my license with a broker. I am currently living in Fort Myers, FL. My question is, what are some "Must Ask" questions, as well as some good questions that I should ask my potential broker while discovering which one is the best for me to hang my license with? Thank you for your time.

Thank you so much for your response @Benjamin Pekarek. I will definitely keep that in mind.

Thank you very much for your response @Steve Rozenberg. Is there any verbiage (books, blog posts) that I can read that would summarize these laws for me? I appreciate your time.

Thank you @Thomas S. I appreciate your honest input.

Hello my fellow BP members! I am currently in class for my real estate license at Larson Ed, and I am looking to close on my second rental property in the next month or so. May someone recommend a great property manager in the area that can manage my properties? I am in Southwest Florida. Also, what is the average cost monthly to have a property manager? Or do they charge yearly? Is this a good option for someone new to the buy and hold field? Any help would be greatly appreciated. Thank you.

Hello my fellow BP members! I am currently in class for my real estate license at Larson Ed, and I am looking to close on my second rental property in the next month or so. May someone recommend a great property manager in the area that can manage my properties? Also, what is the average cost monthly to have a property manager? Or do they charge yearly? Any help would be greatly appreciated. Thank you.

@Dave Foster , @Emanuele Pani Thank you so much for your detailed responses. With this new gained knowledge I plan on listing my rental property in Orlando for sale, so that I may get a large lump sum now. This way I can reinvest down in SW Florida where I am currently. Thanks again for your help my fellow BP members. 

I own a home in Central Florida near Orlando, and have lived there for 5 years. This year I rented out that home and moved to Southwest Florida where I am currently renting. I plan on selling the house in Central Florida. Will I have to pay capital gains tax on the profits I make on the home? If so, how much? 20 percent? If i decide to keep renting that house out and purchase another home where I am currently now, will I have to pay capital gains on profits made on the second home if/when i sell it? Any and all answers are appreciated. 

@Adam Bartomeo Thank you very much for your post. I will definitely reach out in the near future with some questions I am sure to have. Truly appreciated.