All Forum Posts by: John Jabson

You guys are smarter than me when it comes to this. I have no financial background so that's probably a factor. I don't quite understand how a government deficit is any different than a business or household deficit, but somehow it is different. I don't get it but I'm doing more research about it to understand.

Does anyone listen to Peter Schiff? If so, what do you think of him and his ideas of inflation, collapse, etc?

I know some of you don't like political discussions but they directly apply to money, so it's relevant.

I don't care about whether or not you believe in "stimulation" economics or whatever. I don't care if you want to push Keynesian crap. Don't want to hear it and I don't care to discuss any of that.

I want to know what you, personally, believe about the debt ratio and at what point it is impossible to return to a stable economy. Right now we're running 1 trillion deficit per year, even after the recent taxation (of everyone, by the way).

How much more can our economy handle? We cannot run deficits forever. It has to stop. So how far is the point of no return?

Brian P-I assume it's hard to sell this to a property owner unless they're uninvolved in the property.

Theoretically it takes no money to do, correct? Why not just ask around (even door-to-door in rental areas) and find owners that will master lease to you for 2 years and then sublease?

Who is responsible for the vacancies, the owner or the master lease person? Is it possible to get the owner to take responsibility for that?

Are you basically sub-leasing the property to another person? For example, if you lease a SFH for 500/month and you sublease the property to another person for 550/month, is this the concept?

Yes, what is this master lease method you're talking about?

I really would like to get info from somebody who does property managing on a normal basis. Anyone do this?

Will research that term.

First Question: As an agent that wants to start a property management company, what is the usual split between the broker and agent, assuming the agent is doing the work and has more or less started the company with the broker's assistance?

Second Question: Theoretically is it possible to become a realtor and then market buy-hold properties to out-of-the-area investors and then, in turn, manage their properties? The rural town I live in has numerous investment property opportunities with alot of properties going for 20,000 to 60,000 that rent for 400-700 dollars a month. Investors would be interested in this, I'm sure. So the question is...will this strategy work?

Carolina, the broker owns the online real estate school. It's a 60 hour course and costs 325 dollars. He says they reimburse on the first sale with his brokerage.

Joel-that's legal in PA but I'm not sure when it's used.

The real question I'm looking to answer is, do new brokerages in rural areas have a tendency to do well or not? Do you think people will give a new brokerage an opportunity for the sake of saving 1.5 percent? Does it usually work?

The new brokerage is doing well (for only being open for 1.5 years) about 30 miles from here, in a semi-urban area of 90,000 people. But again, the county I live in is small and very rural. Small market to say the least.