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9 July 2024 | 28 replies
REASSURE THE AGENT THAT THEY WILL BE STILL RECEIVING THEIR $2K PLUS THAT THEY WILL BE USED AS THE LISTING AGENT WHEN YOUR FINANCIAL ENTITY IS COMPLETED WITH THEIR REHAB--- (SIDE NOTE: MAKE SURE YOUR CASH BUYER TRULY DOES USE THE AGENT FOR THEIR DISPOSITION- IF YOU DONT KNOW THE BUYER WELL ENOUGH, I'D EVEN PUT A CAVEAT WITHIN THE ASSIGNMENT CONTRACT STATING THAT CONTRACT IS CONTINGENT UPON CASH BUYERS PROMISE TO UTILIZE THE "AGENTS FULL NAME AND LICENSE #" WITHIN THE ASSIGNMENT- THIS WILL OBLIGATE YOUR CASH BUYER TO KEEP YOUR PROMISE TO THAT AGENT TO USE THEM FOR THE DISPOSITION- MAKE SURE THE CASH BUYER FOLLOWS THROUGH WITH THIS AS WELL - KEEP YOUR PROMISE TO THAT AGENT AND YOU WILL BE ABLE TO DO BUSINESS IN THE FUTURE WITH HIM OR HER.NOW- EVERYONE KNOWS EVERYTHING (TRUST ME- IT WORKS)AGENT WILL NOT COMPLAIN WHY?
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7 July 2024 | 2 replies
Whilst I run to get my real estate license for the MLS I wanted to get somewhat of a feel for the market, what better way to do that then ask someone who's already invested.
4 July 2024 | 1 reply
I am completely new to BiggerPockets. 20yo, got my real estate license in TX about a month ago and I began interviewing with different brokers but haven’t really quite found my fit.
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8 July 2024 | 3 replies
On top of that, finding a licensed electrician, who could do the work in a timely matter with permits, is also not so easy to find in a time crunch.
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8 July 2024 | 35 replies
These more favorable regulations include a 5% transient occupancy tax, no limit on number of days rented, occupant limits based on home size (typically 2 occupants per bedroom plus 4 occupants), minimal permit & licensing fees, and no minimum required stay by the owner.
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4 July 2024 | 2 replies
As I continue to save, I am considering getting my RE license.
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8 July 2024 | 22 replies
You would not be able to purchase an LTR as a second home because access would be restricted and the property would be subject to an occupancy agreement limiting use.Please be careful about listening to advice other than from a licensed loan officer.
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7 July 2024 | 9 replies
Being that I live/am licensed in Ohio, I've filed thousands of these returns so they're pretty much second nature to me.
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7 July 2024 | 12 replies
As a licensed person you do not want to be involved in an equity skimming deal.