I’m a licensed realtor in Illinois.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

It’s generally in my nature to “go big or go home” and I can see how that could easily get me in over my head before I’m properly prepared.

But what do I know I only licensed in 4 states, affiliated with 3 of the top asset protection firms in the nation and selected to super lawyers rising star list plus tip high asset litigator.

When it comes to utilities if you can not have them in the tenants name paying directly you are better off just raising the rent, plus some, to cover any anticipated costs and look into properly dividing the utilities with their own meters.

They are quite aggressive in the Keys in enforcing the No short term rentals without the proper license, which is difficult to get.

Here is the scenario:I will get my real estate license before my dad sells his 2 duplexes.

Hi BP, I am 16 years old and I plan to get into the real estate agent industry once I am of age to get my license.

As into real estate investing, should I look to get real estate license or not?

As an out of state investor, if I'm working with a licensed realtor to purchase a property and then hiring a property manager to manage that property after closing, is there any need to hire an attorney?