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16 August 2024 | 19 replies
I have a real estate license and want to focus on single-family homes (4 units and below).Mentorship: Not working with a mentor or investment group.Challenges:Current Hurdles: Unsure what to do next to expand my portfolio.
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19 August 2024 | 3705 replies
Had some trouble with the city with the rental license, even though it had had a license for years.
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16 August 2024 | 9 replies
It all comes down to reputation, communication, and licensing.
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15 August 2024 | 10 replies
I suggest you do this regardless of whether the PM is licensed or not.Pro Tip: Even in states where licenses are not required for a PM, it's always a good idea to hire one who has voluntarily obtained one.
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15 August 2024 | 10 replies
License numbers are generally public record.
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16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.
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16 August 2024 | 3 replies
That determination can only be made by an licensed adjuster for the Insurance company.
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16 August 2024 | 4 replies
It’s also important to check local zoning regulations and licensing requirements, as these can vary significantly.
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16 August 2024 | 4 replies
AS a lifelong resident, active investor, and licensed agent specializing in investment properties, I'd be happy to serve as a resource.
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16 August 2024 | 1 reply
To my understanding in PA you need to get the 75 hours of training, pass the national/state exams to get licensed, and then associate with a brokerage.