I remember my broker recommending me not to be an investor as a license agent.I currently live in Charlotte NCWhat are the advantage/disadvantage of being an investor with a real estate license?

What features would the "ideal" bird dog app have?

Aaahh, yes I do remember waay back.

Remember you don't have to own a property to control it.

I remember if being like $2000 after I got my license in fees when I did it but here is a breakdown of the fees... . ..

Remember you don't have to own a property to control it.Good luckPaul

If I remember right, they do NOT like making loans on; 'over/under' duplexes - meaning converted houses which my market is FULL of, they do not like to make loans in pre 1940 properties which my market is full of, and they do not like to make loans under 50K.

That is why I mentioned coming in with say 10%.Let me ask a couple of more 'hypotheticals'........ and please remember these are folks I have had long relationships with, have a lot of trust in me from past dealings etc... and prefer to NOT get all their equity at once.Sample one; current owner owns 8 unit free and clear but wants to back out of day to day etc....

You will be responsible for depreciation recaptureon the $18k depreciation, which I believe is taxed at a rate of 25%.Remember, you cannot sell more than one home in a 2 year period.

Seems like mine used to also do something weird when it got really cold, but I can't remember the details.