Currently, there are five different sets of laws that attempt to define under what circumstances an individual is required to be licensed as an MLO.

and also go through the time it takes to sell with an agent days in the market (DOM) tell the average amount of time it takes to sell a house with an agentSo it’s costs money and it costs timeColumn 2, renting it out with a property manager, there are risks and rewards A property manager cannot guarantee cash flow so you can make your bank payment A property manager cannot guarantee will be no damage in a property manager does not keep an eye on the property that much, maybe once in a while so if there’s an eviction you have to pay for it and if this damage you pay for it if there’s no rent coming in, you have to pay the mortgageColumn 3, I generally talk about seller financing in generalthere’s lease to own and owner financing Lease to own you turn the property into an investment property you are landlord and you have to pay the mortgage your to pay maintenance and taxes and insurance hopefully the behavior of your tenant buyer versus a regular tenant is better, money on time, no damage the tenant buyer wants to buy the property the tenant buyer most of the time does not cause you trouble as the landlord the buyer wants you the landlord to give them a good recommendation when they try to get the mortgage down the road; they need their landlord to give them verification of rents (VOR) Owner financing with sub2 means you’re selling the property and the owners have a deed it’s a little bit like contract for deed where you pay on a contract, and you can either finish the contract or refinance contract and pay off the existing financing___________________________________________________How to buy subject toit’s important that you read this next sentence,I DONT BUY SUB2 UNLESS ITS A PERFECT HOUSEwhat’s a perfect house?

The inaccuracy of BPO's lend to the risk of buying the note, but also the opportunity of reward as well.

RE is a great career and can offer a lot of rewards.

@Andrew Jones - They are being sold as "condos" because the owner has legally split the duplex into two individual units (with separate Tax IDs).

Anybody know of good individuals at raising capital in Miami (private placement or otherwise) for a great project in Miami Beach that I have under contract, with great upside potential?

Each person's income and tax scenario is different and you should consult with a competent CPA to discuss your individual situation to get advice tailored for you.

Hi, BPers, could anyone let me know the pros and cons of buying and holding residential properties under a company, versus under individual?

Developers cannot get loans from banks to start building, the individual RE investors cannot get loans to buy finished or pending properties.

The greater the risk the better the reward, I guess.