All Forum Posts by: Pearline Hardy

 Could you share the Kansas City Bank?

Thanks @Darrin Carey. I'll have to think about this. Not sure I want to be a project managet just yet as Im still working a W2 job full time. I guess I could hire a property manager to oversee it. But you're right, secondary income sounds good.

Thanks @Joe Fairless. So how is this different than a lease option, or is it virtually the same thing?

Thanks @Stuart Birdsong. I will connect with him.

Hey all,

So I've reached out to an out-of-state buyer to wholesale a property. He is interested but he wants to put a twist on the deal. After he buys the house, he wants to know if we'd be willing to basically renovate it for him.  So he would pay us to hire the contractors, oversee the renovation, and then find a good property manager for him. Has anyone come across this situation? If so, were there any problwms with this type of situation? Also, how much did you charge for this and what type of contract did you use for this transaction? Thanks!

@Joe Fairless

Master Lease? What is this?

Hey all,

So I've reached out to an out-of-state buyer to wholesale a property. He is interested but he wants to put a twist on the deal. After he buys the house, he wants to know if we'd be willing to basically renovate it for him.  So he would pay us to hire the contractors, oversee the renovation, and then find a good property manager for him. Has anyone come across this situation? If so, were there any problwms with this type of situation? Also, how much did you charge for this and what type of contract did you use for this transaction? Thanks!

Yes, this was one of my main concerns. I didn't know if a good real estate exam prep book would do it for me or if the actual material would be hard to digest on my own.

The Missouri Real Estate Commission says to pass the real estate salesperson exam, you can :

"....2) Be a licensed attorney and pass BOTH portions of the Missouri salesperson examination. (Education requirements are waived.) Complete application for license must be submitted within six months of passing the exam. If both portions of the exam are not passed at one sitting, the application for license must be submitted within six months of the first passing exam score. A copy of current Bar card must be provided with the application for license;..."

In the State of Missouri, the education requirements as prerequisites for taking the real estate exam are waived for attorneys, and the prerequisite for practicing as a real estate agent for a certain about of time is also waived to take the Broker's exam. I have not done any major research into the real estate exam yet, but was wondering if any attorneys have actually taken the test without taking an exam program. I am thinking of studying on my own from a few books I've discovered, but kind of want the input of others who have taken the exam without actually sitting through a course. Thanks!