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12 October 2016 | 9 replies
I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.
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6 October 2016 | 1 reply
I called my agent and was told "oh that's a HUD house".
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5 October 2016 | 2 replies
Ok here's my dilemma I'm looking for a good agent!
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7 October 2016 | 1 reply
I have finished all of the courses and tests to become a licensed real estate agent but have not currently found a broker.The last thing I wanted to mention is that I hope to own 10-20 income producing properties in the next 10 years.
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6 October 2016 | 11 replies
The insurance agent asked if the house was occupied, but no, we are still clearing out out.
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6 October 2016 | 4 replies
The average agent makes somewhere around 35K a year and that is pure feast or famine which is why most agents get in the biz and leave before their first license renewal.
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6 October 2016 | 9 replies
Cash flow:Post refi: $109.26 ($1,311.16 annually)Cash on Cash post refi: 24.8% I do plan to get an agent to help me with CMA's, but these are preliminaryNow...There is a child support lien for about $25,000 against the man (whose address is shown as this property on the lien), but i cant find where he is an owner of the house (only the woman's name appears in the public record)...so does this lien affect this property??
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10 October 2016 | 19 replies
I'm unable to join because I am, not only an investor, but I am also a licensed agent.
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30 March 2018 | 12 replies
I usually get my deals off of the MLS because I am a real estate agent, but the deals are drying up fast.
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6 October 2016 | 4 replies
I am a Real Estate Agent located in the city of Bakersfield California, after graduating from Bakersfield High School I continued my education at the University of San Francisco.