All Forum Posts by: Johnette B.

@Tanya S., great info. The time commitment is definitely something I'm mindful of. As far as my goals, Im not looking to transition into f/t sales; I plan to maintain my full-time job, while buying and selling my own property as well as generating supplemental income from sales as an agent. I'm also looking to get a deeper knowledge of the local area and what buyers want as an agent. 

You were in a great place as an investor when you started. Im not yet quite as established as an investor so the type of support Im looking for is mainly related to setting up a marketing website, getting ramped up with MLS, getting comfortable with the contract process and finding, etc. I planned to hustle on my own via my network, etc. for leads. Your comments really helped me think through some things. Im hoping to make a decision this week. I will definitely look into the classes as you suggested.

Any tips for time management since you have been balancing your investor, agent, and full time job roles for a while? I really need to spend time getting a system down now...considering a VA, but just need to identify what I could allocate.

Thanks @Tanya S. and @Ben McMahon! Great tips. I do work full-time also.. to you both, how do I research commission splits across brokerages and what is considered good? Also, how can you research brokerages that have a large number of investors? There are so many brokerages out there.

Also I am interested in leveraging my RE efforts primarily to support my own buying and selling for my own investing but also would like to have a few traditional agent sales from time to time. So although I'm not interested in ongoing support and that "push" to succeed with traditional brokerage environments, I am looking for some initial basic training on executing transactions and marketing. Then I'd be looking to fly on my own. 

If either of you can share how to go about my research on brokerages in terms of the above it would be much appreciated and thanks in advance.

Hi All,

I posted this in another forum, but didn't receive feedback so I'm posting it here. I recently passed my RE exam for MD and plan to obtain licenses for DC and VA next. I'm looking for suggestions from the agent/investors out there on the brokerages they chose and why. I was leaning towards a DC Keller Williams brokerage I know of due to the strong training and positive feedback I got from a friend affiliated with them, but would like other suggestions before I commit.

Any suggestions would be appreciated and thanks!

Hi BP Family,

I recently passed my RE exam for MD and am preparing to obtain my DC license and thereafter VA. Can anyone provide suggestions on good brokerages for agents who plan to be active investors as well? I was strongly leaning towards a DC Keller Williams brokerage I know of due to the strong training and positive feedback I got from a friend who just affiliated with them, but would like other suggestions before I commit. I was hoping to find brokerage options where there were other investor agents that I could hopefully learn from.

Any suggestions would be appreciated and thanks!

@Andrew Michael and @John Thedford I am looking for a property to rehab and will be planning to pursue a hard money loan. I've been doing cost analysis on a variety of houses, but I have a hard time figuring out how to estimate the loan costs and overall purchase closing costs. Can someone share a spreadsheet or give me a rough overall % i can use to estimate these costs or a range?

Hi Everyone,

I need a referral for a good go to GC in the Washington, DC metro area. I know honest, reliable contractors are hard to find, but if you have worked with someone you have had a great repeat experience with and would recommend, please share their contact information.

Thanks in advance.

That's great.

Hello,

I need an estimate for a rehab in DC. Can anyone refer me to a solid & reputable General Contractor to contact?

thank you @Carson Sweezy!

Hi @Ned Carey!

I have been in touch with a few of the members you noted. I did find a few solid realtors that I'm looking forward to working with and thanks so much for the reply!