All Forum Posts by: Edgar Rosales

I would like to purchase a property to fix up while living in it. I live in Chandler, AZ. It would be just me moving into the house and hiring most of the work out. Tell me what i should i expect, tips and advise. Tell me about big no no's. Tell me about how you managed work and rehabbing your property. 

Thank you in advance. 

Edgar 

Hi @Bevla Reeves, I was wondering if you could shed some light on the pros and cons to go with HomeSmart as an investor. 

I recently obtained my AZ RE license to start my RE investing and am looking for a brokarage firm. 

Thanks

Hi @Matt Shields, are you still with HomeSmart? I am a new licensee with goals to invest in my local market. How does HomeSmart fit the goals of an invest like you? 

Thanks

Hi folks,

I am new to Arizona. New to  RE. New to BP. 

I have not found a group in this area to join and talk about RE. I would like to start a meet-up group to exchange ideas, pick each other's brains and most importantly, rub shoulders with those that have the same goals.

Let's this ball rolling for the new year. Let's get a group going. 

Thanks

Edgar

(Gilbert, Scottsdale, mesa, Tempe, buy and hold, residential, flipping, wholesaling, rentals, network, connect)

Update: First off, thank you to all of you that answered my question. After reading all of them, Dick Rosen made me think of my ultimate goal. I would like to keep my full time job and grow my real estate portfolio. Fusing my goals, financials, time constraints, aptitudes, and overall happiness, I decided to obtain my RE license in Arizona. As mentioned by Michael Hacker , George Temes , and others, it's great to have access to the MLS and get a piece of the pie when selling/buying. Thanks to everyone. I appreciate your comments.

I would like to flip houses in the Phoenix area and was wondering if it's beneficial to obtain the real estate license?

The Big Picture: 

About to start a full time engineering job at a local tech company. I will apply my free nights and weekends on extra curriculum activities (i.e. real estate and its derivatives). I have 10 years of construction background, either I know how to do it or who to bring to the table to help me get the job done. My salary is 90k. I have 20k in initial investment capital due to a hiring bonus but also have 120k in student loans (fyi: after much research, for me it'll be to invest first then to pay off the loans).  My goals are to buy, rehab,  and sell back to the market. Use all gains to pay off student loans which are at 7% interest rate.

Pros:

1. According to Marty Boardman (BP Radio Podcast 001), all Arizona flippers should get a license because other agents don't want to do the dirty work for you.

2. Save when selling or buying 

3. Access to MLS, all raw data.

4. ------BP members add more------

Cons:

1. Time and money to get licensed

2. Other successful investors don't have a real estate license.

3. MLS can be access some other ways (i.e. diluted MLS via websites like realtors.com)

4. ------BP members add more------

All constructive criticism is welcome! :) 

Thank you

Edgar