Aaron Anderson
Are you considering getting your Realtors License?
3 February 2017 | 4 replies
These are unavoidable costs when getting your license (all costs are estimated based on your market): Licensed class education - $500Realtor dues (in TN, agents must be a member of a Realtors Assoc.) - $500/yrMLS Dues - $480/yrBroker dues (these vary widely) - $800-$3,000/yrE&O Insurance - $120/yrI'm not including Marketing costs because you will have these whether you chose to be an agent or not.
Shauna Mundy
Vacation Rental cleaning process
26 January 2017 | 7 replies
We have multiple sets and our cleaner usually will do them at our condo...but...if she has an unexpected and unavoidable delay, or the washer stops working (it's new) then she has the option to take them home and do a quicker turn.
Mykhail Bolden
Recommended College courses for RE investor
14 May 2015 | 0 replies
I know that the debt is unavoidable but my question is if I'm good in math and and working with numbers, and love business(someday want to be a CEO or entrepreneur) what major/minor should I look into that can help me obtain a nice FT career(not a job) that has a nice salary so once I finish college I can pay off my loans and invest in RE comfortably.
Han Oo
Refinancing to conentional loan with BRRRR
25 March 2017 | 6 replies
(around $300 in lawyer fees for me, anyway)Every note from an institutional lender will have an acceleration clause (due on sale)...this means that if you transfer ownership of the property, the lender can call the note due...this is what you will be doing when you xfer the ownership back to the LLC once you complete the re-fi (odds of the lender calling the note due are zilch, but I have heard of it happening)...unavoidable risk with owning property in an LLC and using BRRR...
Mario F.
foundation issues very common in LA?
17 April 2017 | 5 replies
With that said, given how difficult it is to get into the market, it seems almost unavoidable. thanksmario
Danny Day
SFR Rehab #2 finished.. analysis
23 October 2013 | 24 replies
There were some unavoidable overages I could not have foreseen, but there were also ones that I should have known.
Phyo Ko
First investment back against the wall. Need advice!
23 December 2022 | 57 replies
Yes I agree after thinking it over I am now going self managing the property Awesome @Phyo Ko --that's the spirit. ...just remember: things will go wrong as you manage the property (it's unavoidable), but what matters is that you learn from those things.
Evan O'Brien
Review of STR Experience
1 January 2023 | 18 replies
With me being in the business a bad review is unavoidable.
Jason Pennacchio
First Rental Purchased (Atlanta, GA), Here's My Experience
29 April 2018 | 8 replies
I understand this may be unavoidable for some investors, but that's the state of the market here.
Josh Ewin
Financing Ideas for Rental properties
22 July 2008 | 18 replies
One problem I can think of is, if you owner finance for 3 years for 500K and the property is now worth 400K, good luck refinancing.It sounds like you need to buy at 70% below market value in order for owner financing to work.I think this is more a 'market problem' that is unavoidable regardless of your financing method.