There are different debates about that.As an agent, you'll have to pay for the licensing class, fingerprinting, state license cost, MLS access, Realtor board dues, business cards (some brokerages give you free ones to start), etc.

We can of course start the huge debate on taxes and their authority, but that part has already been decided ....and their rights to try to collect those taxes are have also been decided.

All,As part of my continued education, I've been trying to read anything and everything in hopes of being the most knowledgable I can be when I pull the trigger on my first deal, whether thats in CA or in TN. I also u...

With that minor correction both sides of the debate are right.You make some very rough estimates of costs based on your experience (which may be limited). 

I personally wouldn't worry about the LLC to much, but that is a hotly debated topic and you just need to find your personal risk tolerance level.

Hi All,I am currently having a debate with my partner regarding cash on cash targets.

If I'm getting an 8% ROE I'm gonna hold, but if it drops to 4% I gotta think that selling is the better decision at that point.This also applies to the debate over appreciation vs. cash flow markets.

I get it and I am ok with a debate on this post.

Now I am headed to Colorado, I will most likely hire a property manager or debating on whether to manage and place a tenant in it myself.

@Blake Valdez For me personally I like single-family homes for rentals as the rental pool is a bit larger and you can make more allowing pets which is another topic to debate if it's worth it.