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24 November 2021 | 122 replies
I liked interacting with people so I decided on being a mortgage broker/lender/loan officer.Pros:- unlimited income- lots of people interaction- learn a lot about real estate investing (appraisals, value, rehabs effect on value, investment properties, etc)- potential for really high income (top LO's make 250k +) so you can reinvest in more deals and fund your projectsCons:- no salary/commission only- highly challenging and constantly evolving lending guidelines products, client psych profiles, and more (could be a pro too)- you're sometimes a therapist to the emotional whims of your clients- high stressUsually engineers do very well as real estate agents too.
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11 March 2017 | 17 replies
One reason why I am still considering it is that I have most things written up in templates and often so many of my bookings are instant books so I don't even really need to have much interaction with the guests.
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12 May 2017 | 7 replies
Also, 1) Set up keywords for your area and interests so that you're notified when they're used and then start interacting.2) Read through The Ultimate Beginner's Guide3) Go through applicable blogs and podcasts as there are a lot of great resourcesAdvice for REI...1) Study up on what you need to know/do for the 1st step and then do it, then repeat for all following steps until you have completed your first investment then repeat the process and keep learning.
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2 December 2020 | 29 replies
If you have a time-consuming job and want no parts of the guest interaction then you'll need to seek a full-service manager in your area.
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20 September 2019 | 5 replies
When I got my realtor's license I explored the idea of starting my own property management company, and I gradually came to the conclusion that the numbers don't really work unless you either charge significant fees for every interaction, or don't visit many of your properties each month. neither of those are ideal, obviously.
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20 October 2015 | 15 replies
I'm loving the interaction on BP.
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4 June 2018 | 206 replies
The problem is, real estate cannot endlessly increase by such absurd amounts.When I was first getting started and trying to understand the dynamics at work, the basic ways real estate prices interact with people's income and things such as inflation probably would have been helpful information.
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6 February 2013 | 246 replies
Each session could also be tagged as Beginner, Intermediate, or Advanced (or maybe just Beginner and Advanced).Sessions could be:- Talks (where someone gives a talk on a topic, with a short time for Q&A afterward)- Roundtables (where a topic is presented and people sit around a table and discuss their experiences and opinions on specific aspects of that topic - usually moderated by one or two people)- Tutorials (a more hands-on interactive session where the attendees are able to work on specific details of the topic with the guidance of the "instructor")There could be an exhibitor section, for companies such as:- Property Managers- Hard Money Lenders- Bulk REO Asset Managers- Developers- Contractors- Mortgage Brokers- Note Brokers- etc.
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27 March 2012 | 34 replies
I have found out pretty quickly that in this business who you know and how you interact with people is very important.
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17 October 2017 | 261 replies
It's a pain in the but, but the leverage would be extraordinary and you're profit would be great.