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11 May 2015 | 2 replies
The rule also provides that the unlicensed individual performing the permitted activities listed in this rule must work under the supervision of a broker and his/her compensation must be primarily on a salaried or hourly basis.Under this rule, the duties an unlicensed employee can perform when working with residential rental property are the following: maintenanceclerical or administrative supportcollect or accept rents and/or security deposits which are made payable to the owner or real estate brokerageexhibit or show residential rental units to prospective tenantsfurnish published information regarding the propertysupply applications and leasesreceive applications and leases for submission to the owner or broker for approvalThe rule provides that an unlicensed employee may not perform the following duties: negotiate contracts or leasesdeviate from the rental price and/or other terms and conditions previously established by the owner or broker when providing information to prospective tenantsapprove rental applications or leasessettle or arrange the terms and conditions of a lease on behalf of the owner or brokeroffer inducements to prospective tenants unless they are previously advertised or arranged with the owner or brokerinterpret or provide their opinion concerning the terms or conditions of a leaseindicate to the public that he is in a position of authority which has the ultimate managerial responsibility of the rental propertyIt’s clear that a brokerage employee can perform many clerical and administrative functions without holding a real estate license.
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14 May 2015 | 19 replies
You are helping to facilitate new partnerships and new business models!
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19 May 2015 | 8 replies
I recommend Wordpress though for the flexibility and functions.
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15 May 2015 | 10 replies
It may be worth checking out the following podcasthttp://www.biggerpockets.com/renewsblog/2014/10/30/house-hacking-partnership-multifamily/As others have stated there are a lot of posts/blogs on the topic.
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13 May 2015 | 7 replies
If you have someone who trusts you completely, whom you trust completely, and the two of you draw up a detailed contract that works out every possible eventuality of this deal/partnership ... ... maybe.
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13 May 2015 | 5 replies
First of all, I want to say I am ashamed that I have known about and have utilized biggerpockets a number of times but have not been active on the forums. I know I've done myself a disservice on all fronts because I'...
21 May 2015 | 4 replies
I often browse the site and post from my windows phone, a few weeks ago the @ mentions stopped functioning from the device.
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19 May 2015 | 19 replies
I have formed a partnership with a current work colleague (age 25), @Brandon Rohrbach.
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27 May 2015 | 36 replies
If you can't qualify for a mortgage at this time you may want to try the route of looking for a partnership to help you buy.