All Forum Posts by: Evelyn Jordan

Welcome to BP Dean and congratulations on making first steps into Real Estate Investing and taking your life and decisions into your hands (not your boss')! BP is an amazing source of information and great place to network with all kinds of people - take advantage of it and never stop learning and asking questions. This will pay off when the time comes. My husband has the same background as you and his knowledge in project management and IT has only helped us generate ideas for our investment strategies.

Good luck with everything!

Evelyn  

Hi Paul,

Great start on your real estate investing business and going full time investor! 

As far as I know, for the purpose of any kind of loan, the lenders rule is 2-2&2 meaning they require two recent paystubs, 2 W-2 Forms and 2 months of bank statements. So getting a full time job for a few weeks won't be sufficient. They will have a look at your last 2 years taxes and see what kind of income you have. Do a research on hard money and portfolio lenders  in your area and see what their requirements are. Talk with more lenders and ask what they can offer you depending on your financial situation.

Good luck!

Evelyn

That's great Mark! Congrats and keep up with the good investing!

Welcome to Bigger Pockets, Shane!

Making the first step is the hardest. Be persistent and stay true to your goals and there's no way you won't succeed.

Wishing you and your girlfriend a lot of success!

Good luck,

Evelyn

Hi Becky,

Apply for a sales agent license if you plan to work for a property management firm. Pursue a broker's license if your ultimate goal is to become self-employed as an independent property manager.

Good luck!

Hi Sam,

Welcome to Bigger Pockets! It is great you have taken the decision to start out in Real Estate and considering ways of building your wealth one step at a time. Getting a license will definitely open a lot of doors for you, so don't hesitate about it. The great thing about Real Estate is that there are so many options and opportunities no matter if you do it full time or part time. 

Regarding your questions:

1. You can't jump straight to a broker license. A broker candidate must complete 8 approved real estate courses. In addition, you must also have 2 years of full time licensed real estate experience within the past 5 years or the equivalent. Equivalents include a 4 year degree with a major or minor in real estate from an accredited college. 

2. As far as I know, depending on the states involved, in most cases you can do that but have to still sit for the exam in the state you want to get a license from. For example, I have a CA license, If I want to get a Nevada license, I do not need to take additional classes, but just just sit for the Nevada's exam.

3. I have completed the Allied School CA RE course and I am very happy with them and how their program prepared me for the license. They give you all the books and online access to the student materials and tests, DVD, Cram Exam student book. Once you have gone through the books you can access online their final preparation test. They suggest that you access that test right before you sit for the exam because it is available for a limited time. Study well all questions from that test and you will successfully pass the exam. 

When enrolling in their course, ask for their add-on certificates such as A Green Specialist, Short Sale Specialist, etc. for no extra charge.

Let me know if you decide to go with Allied, and I can refer you so you do not have to pay full price.

A real estate agent I have known for years has gotten his license with the help of Premier Schools - another accredited online school. He also renews his license with them every time.

Good luck with everything !

Evelyn

@Mohit Madaan,
I am looking to invest in 8-10 investment properties in Las Vegas by the end of the year. I am interested in condos and SFRs, fixer-uppers. Summerlin, The Lakes and Henderson (West and South-East Vegas)are my preferred neighborhoods.

Let me know if you have any questions.

Thanks,
Eve

Welcome to Bigger Pockets, Kyle !

Looking forward to working with you in the Las Vegas market.

Good luck and successful Investing!

Eve

Hi Mohit,

Please let me know if you have anything for the Las Vegas area.

Thanks,

Eve

Hey BP!

I am looking for wholesalers in the Las Vegas area. Feel free to contact me.

Thanks!

Evelyn

[email protected]