Guidance and Education: Avoiding Costly MistakesWhen you’re new to real estate investing, it’s easy to feel like you’re drowning in information.

Please understand that what works in New York may not work in Cincinnati and vice versa.

Currently I own a property in Sacramento with enough backyard lot that has Alley access and my current Mortgage is at a 2.5% rate and don't want to touch or affect it.I am in the process of considering a lot split with a plan to build a new doublex unit in the split lot with hard money or a construction loan. 

I'm a new investor learning the process as I go.

There isn't a lease on the property yet but I'm sure there would be quickly because everything is new including all new plumbing, electrical and HVAC.

. -- A license is not required for:(4) an agent of a licensed real estate broker or of an owner of real estate while managing or leasing that real estate for the real estate broker or owner;Attorney P's interpretation - Therefore, property owners can directly hire non-real estate brokers to manage their rental properties.Attorney P's Recommendations - You can either file as a foreign entity doing business in MD or start a new business in MD.  

When compared to taking out a new loan, this move saved me about $1,200 per month in my monthly mortgage payment in addition to increasing my principal paydown each month from around $300 on a new loan to over $750 per month on the loan I assumed! 

Hello BiggerPockets community! We are G&R from Calfornia, passionate about real estate investing for the future. I'm particularly passionate about rental properties
Outside of real estate, I enjoy Tech and Sports...

Hi,  I'm a new member from Accra,  Ghana.

.), and I’m transitioning into real estate to explore new opportunities and challenges.I’m particularly looking to connect with experienced professionals and find a brokerage that offers strong training and mentorship for new agents.