Koki Agata
Potential lead paint under wallpaper
13 July 2020 | 5 replies
Read this:https://www.epa.gov/lead/renovation-repair-and-painting-program-do-it-yourselfersYou'll be fine.
Paul Oscar
Picking a sponsor for Syndication/Passive Investor
10 June 2020 | 2 replies
He has an upcoming event, hit his web site: https://bradsumrok.com/ Regards,Charles LeMaire
Ryan Komagome
Pros and Cons of Section 8 housing
21 June 2020 | 14 replies
It can also be slow to get a tenant in using section 8 programs, since there are more regulatory hurdles to jump through.Other than that you'll find that the payer (mostly NOT the tenant themselves depending on the voucher value) pays on time, every time, no matter what (so far).
Dan A.
Lenders that include STR income in debt-to-income calc
10 June 2020 | 2 replies
@Dan A.We work with Debbie Hill here in Pigeon Forge, TN and she has a program where they use STR income.
Tim L.
Delayed BRRRR: Stuck on 3rd R
11 June 2020 | 3 replies
Talk to a lender that works with investors and they will understand exactly what you are trying to do and help you find the best program.
James Wachob
You can buy real estate with as little as 15% down
11 June 2020 | 4 replies
This loan program allows us to purchase rental properties with 15%-20% down payment plus closing cost with interest rates that are approximately .5% - .75% higher than a primary residence loan, with a fixed interest rate for 30 years.
Victor Chen
PPP Loan for Real Estate Investing
10 June 2020 | 1 reply
The program applied from March through May and has been fully spent.
Richard Mur
Choosing My Brokerage; Caveats VS Positive Nuances
14 June 2020 | 1 reply
Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.
Quenten Durbin
Young Newbi Looking to House Hack
11 June 2020 | 3 replies
Also check (Google) if the city/state/county has any down payment assistance programs for 1st time home buyers. :)