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28 July 2024 | 21 replies
I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.
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30 July 2024 | 12 replies
It's too easy for the crooks at RW to point the finger at others and say We had nothing to do with it.
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31 July 2024 | 11 replies
Thank you @Patricia Steiner for that tip.
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30 July 2024 | 3 replies
What are your tips and tricks for getting your best ARV's in Texas specifically?
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29 July 2024 | 0 replies
Hi BP Community! I just listed my first flip project (which turned out beautifully). The house has been on the market but traffic is slow - not sure if this is due to the current environment or something specific I sh...
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30 July 2024 | 24 replies
And as a hopefully new landlord soon, any other tips or ideas in regards to managing a multiunit would be greatly appreciated!
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31 July 2024 | 34 replies
And in Austin, the SFH market has a ton of competition.We're ok because our home is paid for which is why we tipped our toe in this market.
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30 July 2024 | 0 replies
How to find Off-Market Properties that Produce high Roi.When it comes to real estate investing..It really comes down to finding Properties that are high value and generate ROI..And if you’re not finding properties that high value and can generate Roi, the #1 tip I can give to you is..Hire someone to show you how to do it..Every deal you get needs to have the capacity to generate high ROI..I see so many Real estate investors who try hard to find deals and when they find deals, they offer freaking high offers to get those deals..Why..
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29 July 2024 | 10 replies
Any tips would be greatly appreciated.
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30 July 2024 | 11 replies
At this point, I can only cross my fingers and hope the government doesn't have enough resources to investigate all of the wrongly filed BOIRs.