Edwin Leahy
RE License ??
29 September 2008 | 11 replies
Thanks for the reply Ned.What i'm trying to do is find something I can do as a job,while also learning as much as possible about the rental business.I like having as much information as possible.Since my post i've thought alot more about it and think I might be more suited towards property management with my current skills.It seems to be a better avenue to learn the business than simply getting a real estate license.If I do get into it though,I would plan on getting my license simply to add an income stream if nothing else.The courses and testing/licenses are very affordable and I love adding to my education.Real estate law seems to be something really good to know if your buying/selling real estate for profit.
Jeff P
Problems with Contractor?
18 May 2009 | 6 replies
(If you are running crews, it is always best to pay on Mondays, but that is for another thread)While there are many crooked contractors in the field, you also must realize that there are many shady investors out there too.The 50% plan has worked out well for all parties, and it builds the foundation of trust that both sides need to have.That said, there is a sea of very bad contractors out there, and many will rob Peter to pay Paul, and others will just leave you in the middle of a project for one that is more profitable to them.
Travis Elliott
In need of some help buying on a contract
21 September 2008 | 4 replies
Don't know what ds.com is, so I guess not.You only have to pay taxes if you have a profit.
Christopher T.
Hello from Las Vegas
3 October 2008 | 7 replies
The recent declines in home prices and high foreclosure rates in this market have given me reason to think that the next coming months (if not years) will present good opportunities to smart investors to profit handsomely from buying properties "at the bottom of the market".
Mike C
Where can I get a mentor?
29 October 2008 | 6 replies
Whether you’re just getting started down the road towards fulfilling your real estate investing dreams or you’re a little more experienced, a good mentor can get you closer to the realization of your goals by showing you some of the tips, tricks, and other shortcuts that have fueled their success.The problem many fledgling real estate investors face – and some with a little more experience – is self doubt about their ability to put together profitable deals, as well as having numerous questions about when certain techniques would be most appropriate.These doubts and questions can easily be alleviated by knowledge, but a lot of real estate investors have trouble applying principles they may have read about, heard about, or seen in a short webinar.
Brian Campbell
how do you negotiate short sells vs foreclosures
23 September 2008 | 2 replies
For rentals, consider expenses = 40-50% of rent, subtract off the P&I payment, and leave yourself a profit.
Account Closed
Young Investor needs opinions on where to start.
2 October 2008 | 8 replies
Have you tried letting people know in this forum if they're able to find you a buyer that you'd be willing to split the profits?
Joshua Dorkin
Coming Soon: BiggerPockets Blogs
30 September 2008 | 1 reply
We've got some GREAT features that you'll learn about at launch, but until then, just know that your blog will be customizable, optimized, and should be PROFITABLE for you as well!
George P.
Any idea how to become a list broker?
28 September 2008 | 1 reply
There's tons of online companies that will allow you to resale the lists for a profit.