All Forum Posts by: Kelley Phan

@Cassi Justiz  

I will see what I can do there. I think the best route for this then is to just get my real estate license and work my way up with my properties while working things out with these international buyers, then when I am qualified after 3 years I will shoot for a broker's license. 

I appreciate your time! 

@Cassi Justiz , 

That is great guidance. I appreciate your willingness to take time and get my questions answered! 

@George Blower , 

Thank you, George! I am glad I have finally become more interactive within the community. 

@Cassi Justiz , 

That is a great point, I didn't even think that a broker's license was needed. After researching it, it turns out that my market out here in Utah needs one. I will need to get a real estate agent license first and have 3 years of experience before I could even take the broker's exam. I am assuming there isn't any way around this, correct? 

I think you're right about me needing to have a few properties myself first before they would want put their money in my hands. I am planning on getting a property sometime in the near future. I guess I will just start there. 

Thank you for much for your time! 

Hi BP Family, 

I am totally new to this, and kind of nervous, but I am wondering if I can get some expert advice from all of you awesome members. I currently own 0 properties and hope to have at least 6 deals under my belt by the end of next year. I have friends and their friends who want me to help them purchase some properties (single & multi-family units) in the states (a way for them to keep their assets safe and growing) and they would want me to manage those properties for them.

 We have been in the talks about this for over 2 months now and I have been gathering different ways and plans to go at this, like different loan types for foreign buyers and even me as a buyer of the homes (with their money as down payments) and do rent to own type deals, as in they basically rent until they own the whole thing. They even had discussions of just buying the home outright in cash. My Problem is that they are just taking so long to get things done. Some of them seem to be waiting on the other to make the first move. Some are tied up with their personal businesses but knows they need to do it soon. Some are unsure of the whole process but don't want to research themselves... 

I guess I am seeking help on how to get these investors moving forward and feeling comfortable and confident in the decision to purchase homes over here in the states. I know this is a huge purchase and step especially since they don't and won't be living in the states, but obviously, it will be worth wild for them and me. 

How can I get them to move forward? 

Thank you for all of your time!