28 September 2021 | 10 replies
I see this as a minimum of $50,000 worth of commissions and more likely closer to $75,000 worth of commissions that I could have by getting licensed.The costs associated with getting a real estate salesperson license in my state is incredibly low in relationship to this ONE SINGLE life event of which there will surely be more in the future.I also see a major pitfall with using a real estate agent on the buy side because then I am subject to their availability for when something hits the market rather than my own availability of pouncing on something quick.I've researched out a few real estate brokerages that have a monthly fee to hang your license there and a flat fee per transaction.
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21 September 2021 | 4 replies
Maybe your first deal is just a base hit, and not a home run.
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20 September 2021 | 3 replies
The best place to find such an agent is right here on BP.Finally, with a understanding of your budget and a good realtor to help, hit the market!
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12 October 2021 | 9 replies
Interest does not reduce your cost basis as it’s considered profit even if you have not hit your cost basis (similar to rent payment it doesn’t reduce your basis).
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21 September 2021 | 2 replies
We have a 41 unit apartment complex, and our insurance was about 12k per year for an ACV policy, but last year we were hit by a bad wind and hail storm which caused us to have to file a claim for the roofs and some AC units.
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23 September 2021 | 22 replies
I’ve hit a few sewer pipes and left trench open for builder to get a plumber to repair.
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28 October 2021 | 11 replies
My first deal wasn’t great, it was a base hit, but it got the ball rolling, and I learned a lot.
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21 September 2021 | 0 replies
I was familiar with the area, knew the market was hot, so I made a full price offer less than an hour after the sign hit their yard How did you finance this deal?
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21 September 2021 | 5 replies
Worst they can say is no so hit them super low!