All Forum Posts by: Account Closed

Seller finance is the best way to go. It is easy.

http://www.biggerpockets.com/blogs/3840/blog_posts/27179-seven-reasons-a-seller-should-hold-a-mortgage

http://ronclimer.blogspot.com/2013/04/seven-reasons-why-i-love-owner-financing.html

It is the best way to buy

Welcome to Bigger Pockets. You asked about the advantages of getting a real estate license. I wrote a blog post about that.

http://www.biggerpockets.com/blogs/3840/blog_posts/33599-why-you-want-a-real-estate-license

Get your real estate license. Don't confuse being a Realtor with having a real estate license. There is a big difference in the cost. I wrote a blogpost about that.

http://www.biggerpockets.com/blogs/3840/blog_posts/33767-the-difference-between-a-realtor-and-a-real-estate-licensee

Good luck . I predict that you will be doing real estate full time soon. You are correct about the more you learn, the more you earn.

Welcome to Bigger Pockets. You can learn a lot here.

Deion

Becoming a Realtor and making a living is career decision. It is a great way to make a living. Getting started is the tough part. Incurring debt is for certain not good.

If you want to get started in a real estate career, you need to have rifle barrel focus. Forget your hobby. Forget your friends. Forget everything that is not leading you to get a listing and get it to closing. Most people don't embark on a real estate career with this much commitment. Read every book you can find about real estate. Attend every seminar. The more you learn , the more you earn. You don't have to keep this up forever. You have to keep it up until it starts to work.

As for the expense, most of the expense comes from joining the Association of Realtors, not from getting a real estate license.

http://www.biggerpockets.com/blogs/3840/blog_posts/33767-the-difference-between-a-realtor-and-a-real-estate-licensee

Here is an article to explain the difference in cost.

Good luck in your endeavors .

Orlando is the best place to buy vacation homes. Brits come here to Orlando and rent them for a month of more. Orlando is not as glamorous as the beach. We have Mickey Mouse. Orlando is the number one tourist destination in the world.

If you want to get your Florida real estate license in Florida, be aware that our pass rate for our Florida real estate exam is fifty fifty. Here is the details on that.

http://www.biggerpockets.com/blogs/3840/blog_posts/27250-floridas-real-estate-exam-pass-rate

Good luck. When you are my age , you will know that moving to Florida was the best decision of your life.

Amelia

Someone above mentioned Pete Fortunato has meeting in your area. I attended one of his seminars in the early 80's. I learned plenty of stuff there that has made me a lot of $$$$$$$$. If you are considering getting your Florida real estate license, that is an excellent idea. The more you learn the more you earn. Read my blogpost here on Bigger Pockets about getting your real estate license.

http://www.biggerpockets.com/blogs/3840/blog_posts/33599-why-you-want-a-real-estate-license

Good luck in your wholesaling adventures.

For the best info on tax deeds, watch this three minute video from Sandra Edmond, the president of the Central Florida Realty Investor's Assn.

http://www.youtube.com/watch?v=tEUyP4Uth14

Good luck

If you will wake up tomorrow morning and read chapter two from the book, "The Magic of Thinking Big" , and you will read this same chapter just before you go to sleep at night and you continue this reading of chapter two from this fabulous book for thirty days, at the end of thirty days most of your problems will be solved.

Do you own a TV? sell it today.

Do you make car payments? Sell this car today.

Are you still in bed after 5 AM.? Get up and start studying something that will make you money.

Do you have a smart phone that creates a monthly obligation? Get rid of it unless it makes you money.

Get money coming in . Stop money from going out.

I presume. that you don't really want a solution to your problem. Am I right?

Do you have a blog that earns you money? When would be a good time to start that?

This sounds like a super deal to me. Do not agree to a pre payment penalty. Good luck . Buy this one. Get out and find a better deal as soon as you can get another down payment together.

Hey Bill I'm with you. Who knows why the seller will agree to certain terms. Who knows why the buyer will agree. With creative financing the only rules are what you stated above. Maybe there are no payments on that third mortgage. If there are no payments , we don't have to worry about default. Maybe the buyer is buying the house for fifty per cent of market value. Maybe if we try to think of reasons why creative financing will work instead of reasons why it won't work, it will work more often.

Borrowing money from the BANK is like buying retail.