I manage my own properties in this area as i have not acquired enough for it to be an issue to need one but moving forward i would have to consider using one esecially with the distance on some of the rental units.  

I'm currently looking around the Paterson, NJ area.1) I am looking for guidance on the best way to find a quality deal/a reliable real estate agent to advise me with my search.2) Since this is my first property I have never acquired a loan for purchasing property.

That is why I was asking if it was a decent way to get into the industry.While I need to acquire more cash reserves and general savings through an increase in my main income, I was thinking of becoming Licensed to gain any experience possible.I do not have a means to raise the amount of income I am currently receiving without leaving my current stable part-time job to pursue something else.

@pat_clark More stories by Patrick Clark‎February‎ ‎23‎, ‎2017‎ ‎4‎:‎00‎ ‎AM As rising home prices, slow new home construction, and 50-year lows, the U.S. is increasingly a country of renters—and landlords.Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc.That number may include second homes, or properties acquired by investors who seek to fix up old homes and resell them at a profit.

My days consists of combing through the MLS looking for deals and reaching out to agents, other investors and/or wholesalers to try and acquire property.

His story, which I believe, is that he sold his house, (which his sister and mother were living in), made a profit, acquired a new house and wanted to relocate his mother and sister.I have met with him, I have had a lengthy conversation with him and I frankly believe him.I guess where my question was trying to lead was: how do I construct the lease to include him as the payee.

I will be flying out there and staying until I can hit my goal of acquiring 3 properties through owner-financing... fingers crossed!).

I was shocked that i was able to acquire a 2 bed/1 bath, 900 sq ft home for $10,000 in AZ.  

I would say you want almost your entire team in place before you acquire the property.  

Similar rules apply when license holders intend to acquire property on their own behalf."