All Forum Posts by: Khari Harper

So, am I the only one who feels that real estate school is nothing like what they said the career would be like.I feel like I've learned nothing, only obtained a license. Funny story, it took me going to another school with actual investors,brokers, & people who get there hands dirt in the business for me to truly learn what real estate is all about in all aspects. From landlording-flipping homes. Anyone, else feel like there should be a more extensive class that covers everything in depth about all types of real estate? Just a thought, I would love to hear everyone's opinions.

Okay thank you guys very much for the advice! Now I'm aware of some rules about short sales. Im sure it will be of use during my exam. 

Thank you for all the information! I am not a licensed agent. I just wanted to clear things up to make sure the agent wasn't ripping me or my parents off somehow. 2 more months then Ill be licensed god willing.

The word "Diddle" is a funny word. But, no I am not trying to Diddle the bank. It's just when I talked to the bank on the phone they said the house value is 145,000 & that's what they want. Which left me confused on where the rest of the money goes IF someone was to buy it for a higher price. 

Okay so, lets say the house that I am selling which is my parents... The bank & I agree that on a short sale price of 145,000 & I sell it for 160,000 thousand, Where does the other 15 thousand go if the bank only wants 160k? @David Dachtera  

I'm just trying to get a better understanding, it's all just so confusing.

So hypothetically speaking @BrentCoombs, say if the bank agreed to sell a home for $50000 & the realtor sold it for 55,000. Does the Realtor keep that remaining $5,000 dollars?

How is it possible for the Agent to make money off a short sale? I am very confused. 

Thank you all for your response! my Apologies on my late response. For some reason my notifications don't alert me when people reply to my post. 

Anyone from NJ on this forum? I have my first short sale deal & really need help with the numbers. This is all so confusing.. Any advice would be great! 

What is the best way to find investor's to fund deals? Any suggestions on any networking events in the New Jersey area?