All Forum Posts by: Account Closed

I do door to door sales. This guy was so impressed he ended up finding me down the street shortly after. He lived in a massive house. But he wants to hire me due to my talent. He wants me do cold calling to set up leads. I know I can easily do that on the side. He also said if I have real estate  leads from the doors hell compensate me for them. I know I can generate on top of what im doing with no extra work an additional 30+ real estate leads a month. Either the home owner is looking to sell, buy or something. What should I charge him? Thoughts?

Because my interest rate is 5.2% and I did a 3% down payment. I have enough equity in the house to do a refi 

The town I live in is very sought for  its centralized and population under 8k  its growing and will run out of room. On top of that it’s not commercialized yet.  There’s a giant mining pit next door that has been talked about being turned into a lake since a river runs next to it.  I know this area is going to be expensive af in a decade or so. Right now it’s cheaper even though the population here is over 2x the state avg income. My plan is to keep the house for a decade at least until it’s full, and it’s commercialized. so you’re saying just do a regular refi instead of cash out? 

I bought my first house last December under market. Once I’m done with Everything I’m 20k In including down payment(3%). It’s gone up 60k since I bought it(did an appraisal). I’m pretty sure with what else I need to do I can maybe do a cash out refinance and pull out 18-30k. 

the question is this. Right now I am renting by room. I live here aswell. Currently I get 2250 for all 4 rooms and that is on the low end. I pay for utilities. The NOI is 2600/m for the mortgage, insurance, Taxes and utilities. my mortgage is 1720 By it's self.if I do a cash out refinance I'll be paying about the same or maybe a little more. If I do a normal refi my insurance and mortgage will be 1500/m. My plan is eventually to move out and rent my room which I know I can easily pull 3k/m total. should I do a cash out refinance or a regular refinance? And when should I refinance?

 It is ideal tbh because they probably wont do anything crazy. But I just wanted other opinions

huh? This doesn't really make sense.

I do door to door sales.Long story short this older guy who happens to own a resort offered me to sell real estate there. I told him im working on my license still. About to finish the course. He said I would get 6% commission and the average property is 2 million. I am a bit confused because I can't comprehend selling property at a resort. Isn't the 6% split between the buyer and seller? Does it work different because its at a resort? I took his card. Thoughts?

I was planning on using avail month to month lease. Shes starting her new job in 2 weeks. Shell be providing a deposit. I guess I can get him to sign it. I don't think he speaks very good english though.  Is the avail lease enough?

She is 24 years old. Moving out of her parents house for the first time. She just toured my house with her dad. Shes from peru but moved here a decade ago. I live in utah and I feel like shes super super mormon.   Not only is she moving out of her parents house for the first time but she also has never had a job before. I think she may have some form of disability due to how her speech was. This will be a month to month lease and shell have a deposit matching the first months rent. Would you guys rent it to her due to never having a job before and possibly no credit either. Thoughts?

I plan on moving from my house to some sort of multiplex in order to be closer to work. I want to do this the smart way by buying a multiplex. Currently I rent 2 out of the 4 other rooms. I want to rent all the rooms out if I move out. If I do I can cash flow around 600 on the house(on the lower end). I want to move into some sort of multi family home where I can rent out all of the units and live in the other unit. The goal is to brrr it as well. Thoughts?

What kind of properties should I be looking for in terms of size? Is there too much sq ft?