I wanted to respond but why bother ughSigned,Newbie that is in fear and is destine to screw his whole life up in bad real estate deals.

You have numerous RULES to live by, that your tenants may refuse to live by, (so write in the contract that they have to or can be immediately evicted)You have to keep all dues paid up, or you will be fined, and quickly could lose the place to liens and foreclosure.Minna's right, s SFD is a lot of work, but if the place is in good condition, and you have the insurances, it's not a big deal, probably.

Life is not win-win.

They aren't illegal, but they come with numerous very specific and strenuous parameters to keep from being classified as an executory contract (contract for deed) in Texas, and as an executory contract, be liable for some extreme penalties (up to $250 per day liability from the day of sale).Now you can do 1 lease option per year and not have to worry about being liable for more than $100 per infraction, which at the most would be about $1,000.

Please, I am not insane)))) There are no voices in my head… Yet))))I want to make REI a life career.

If you have numerous lates and negatives on your account they will not allow you in the program.

The problem is, I don't know much about the work life of an agent, so I would love it if everyone could tell me the pros and cons of being an agent.

I have targeted absentee owners and will send out 500 YL's every other week for the next 3-4 months.In regard to my YL, I've seen a few sample Yellow Letters I could have used but decided to just create one pieced from similar YL's out but slightly altered it to the time of year.

I have done numerous searches here, looked through my emails from my BP keywords in both my inbox and delete folder and cannot find this sucker!!

This helps when you see a property in real life because you can then run your numbers immediately through the pro forma before you need anything from an agent.If you're offering on a buy/hold property, you can make an offer before receiving a CMA or the ARV.