All Forum Posts by: Robert Goldman

Georgia is an attorney only state for real estate closings meaning you as a notary  cannot act as a signing agent or close real estate transactions. Only a qualified attorney can do so and the Georgia Bar has been sending Cease and desist letters to notaries that are performing closings because it’s illegal, even for out-of-state properties.

@Robert Kirkley it’s not worth it. Look up my posts on the subject.

Check this out. VICE published an article bashing landlords and Bigger Pockets.

https://www.vice.com/en_us/art...

Georgia is an attorney only state which means NSAs/Notaries cannot close real estate transactions. Notaries can only perform general notary work.

Read my posts on the subject. It’s not worth getting into for most markets.

You’re going to spend around $500-$1000 to get started and you won’t even make that your first year. Read my posts on the subject. No title companies pay over $150 and most of the work you will get is $50-$70 with some jobs being $90-$100 from signing services, which will take you weeks to sign up for a few hundred of them. Then you May get a few requests that won’t even cover your expenses. With remote online notarization becoming main steam, mobile notaries doing closings will be a thing of the past. 

https://www.notarize.com/blog/digital-mortgages-eclosings-save-real-estate-billions

 I'll look more into it but I have read multiple places that refinancing raises the basis because of the increase in debt. 

You could just refinance it to raise your basis and then sell it after closing to prevent capital gains taxes or if you've lived in it for two years of the past five years, you should be exempt. Check the law though to be sure.

I wouldn’t spend anymore money more if you’re planning on becoming a loan signing agent because there are too many at the moment. There are people paying to perform work because they don’t know how to calculate expenses.

Look at my posts on the subject.