All Forum Posts by: Kevin Taylor

I just received my license in California. Any tips about the do’s and don’ts starting off as an agent? Also, I was thinking about going with a big franchise agency, any thoughts on that?

Matt Motil Thank you!

I have a question about getting an FHA approved loan. I want to purchase a property through an FHA/203k loan and use the 203k loan to rehab the property. I know that before you can rent it out you have to live in the property for atleast a year. My broker told me that the same rules DO NOT apply when selling. I was told I could sell anytime as long as I'm selling and not renting. This is my first property that I'm trying to flip and I'm trying to limit my mistakes. The numbers look good, they want 69k but the place needs a little work. I plan to offer 55k-60k for the property. The property is already estimated at $164k. The comps in the area are between 150k-200k. Let me know what you guys think.

Nicole Pettis thank you! I will look into that..

I have a question about getting an FHA approved loan. I want to purchase a property through an FHA/203k loan and use the 203k loan to rehab the property. I know that before you can rent it out you have to live in the property for atleast a year. My broker told me that the same rules DO NOT apply when selling. I was told I could sell anytime as long as I'm selling and not renting. This is my first property that I'm trying to flip and I'm trying to limit my mistakes. The numbers look good, they want 69k but the place needs a little work. I plan to offer 55k-60k for the property. The property is already estimated at $164k. The comps in the area are between 150k-200k. Let me know what you guys think.

Hello Everyone! My name is Kevin Taylor and I'm a newcomer to BP from Chicago. I've been interested in real estate for the past 5 years. I recently decided to take my interest a step further and actually get in the business. My main interest is in Flipping houses. Although I do not want to limit myself to only flipping, eventually I want to start a real estate company. The company will allow me to expand to different fields such as wholesaling, tax liens, and other similar fields. Currently I am taking a broker course to obtain my real estate license. I feel that this will help me gain more knowledge about the business. This will also allow me to cut out the middle man when trying to find new property to flip. The previous agent I was using to help me find property wasn't all that great. There were times where I knew more than him so I decided to just get my own license. I'll be done with the course at the end of June. I am looking for a mentor to help guide my career. I am extremely appreciative, ambitious, and ready to learn! Looking to connect and meet other ambitious people. Hope to hear from you all soon....

Hello Everyone! My name is Kevin Taylor and I'm a newcomer to BP from Chicago. I've been interested in real estate for the past 5 years. I recently decided to take my interest a step further and actually get in the business. My main interest is in Flipping houses. Although I do not want to limit myself to only flipping, eventually I want to start a real estate company. The company will allow me to expand to different fields such as wholesaling, tax liens, and other similar fields. Currently I am taking a broker course to obtain my real estate license. I feel that this will help me gain more knowledge about the business. This will also allow me to cut out the middle man when trying to find new property to flip. The previous agent I was using to help me find property wasn't all that great. There were times where I knew more than him so I decided to just get my own license. I'll be done with the course at the end of June. I am looking for a mentor to help guide my career. I am extremely appreciative, ambitious, and ready to learn! Looking to connect and meet other ambitious people. Hope to hear from you all soon....