
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.

1 August 2024 | 29 replies
Have no idea how long it will take to get to my first property but looking forward to learning the process and getting to know the like minded folks on this forum.

1 August 2024 | 10 replies
Also, love to work out as much as I can in things like running, bicycle, jumping rope, and lifting weights-no ripped or jacked by any means-but thinking in the long term benefit (like in real estate).

31 July 2024 | 9 replies
If your OOS you must have a trusted team in place, no matter where you do business.

1 August 2024 | 4 replies
Also, the roof is a barn-style roof, so it starts to slope at about 4ft high.Is there anything I should add or change to suit MTR (and STR in the gaps of no MTR guests)?

31 July 2024 | 11 replies
I go through maybe 2 tanks of propane a year.I would have to say there is no themeing IMHO.

1 August 2024 | 0 replies
Although no extensive renovations were necessary, we maximized the property's appeal through targeted marketing efforts.

1 August 2024 | 4 replies
Today we invest 100% into Roth contributions so there is no tax benefits to diverting the funds I would just be giving up the $7K a year employer match.

31 July 2024 | 7 replies
The investor may have access to lower rate/fees Hard Money; to be a more competitive buyer with little to no contingencies; property may be need to be rehabbed and after adding value may be doing a cash out refinance down the road.

31 July 2024 | 11 replies
Record check has revealed no permit exist for front porch and rear patio structure, please submit plans and obtain a building permit or remove.3.