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30 November 2017 | 14 replies
Since you’re asking do you mind telling me what you think?
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5 October 2020 | 23 replies
One other thing to keep in mind is that sometimes properties are winterized too late.
23 November 2017 | 5 replies
If you are business minded, great at marketing and have some sales chops it can be a very lucrative career which you can then parlay very well into Real Estate Investing.
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29 November 2017 | 2 replies
I really like reading the posts from people who have so much real life experience (Jay Hinrichs comes to mind but there are many) and still find the time to share their knowledge with everyone.
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23 November 2017 | 3 replies
I just need to keep my own goals in mind and keep my focus on my goals without comparing to others.4.
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24 January 2018 | 16 replies
its a great place to find like minded folks who run the gambit of highly experienced to total beginners and everything in between.. although I would say its slanted towards those starting their journey and many once they get going and have some success contribute less frequently.you have those that are in some sort of sales business so are always marketing themselves or their companies.. through writing blogs and or posting on the site with regularity.
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24 November 2017 | 3 replies
With that in mind.
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11 January 2018 | 25 replies
One other thing to keep in mind after you purchase...if you are looking to refinance the property to stabilize the rate/terms, you will need a 2-yr history of being a landlord to utilize the rental income to qualify for your new loan.
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30 November 2017 | 7 replies
(Of course that would be contingent upon you becoming an agent at that brokerage and staying there for 6-12 months or something of that nature.)Other good questions to ask them would be what are their commission splits, a breakdown of ALL fees (monthly or annually), what their commission cap is, whether they provide leads for you and if the commission changes if they do, how often they provide training and what the topics of the trainings usually are, do they provide mentoring to help you work through deals, etc.Also, keep in mind that there are fees that the Broker has no control over such as MLS access, ($300/6 mo in PA), Realtor dues if the Broker is a member of the association of Realtors ($600/yr in PA), marketing materials, cost of yard signs, networking associations to network with investors, etc.
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3 December 2017 | 22 replies
Keep in mind, these loans also come with origination fees anywhere around 1-3% of the loan amount.