15 July 2019 | 5 replies
They tend to keep the space clean for the consumers and you usually have landlord friendly tenant laws.I have been down the multifamily route before and it is a more intensive asset to manage and a lot more BS with residential tenants and all of their excuses.I didn't like it but I do not like regular residential SFR either.
30 June 2019 | 39 replies
If you can start small with lower risk to gain experience, test a market and a team etc then I think you're right about it being a step in the right direction.
5 June 2019 | 50 replies
Yes, if I leave my BD, the licenses will be inactive and I have 2 years to find another BD before I would have to re-test for all of the licenses.
25 June 2019 | 4 replies
Beside my daily work I am studying to rock my RE license test next month and looking for a mortgage broker!
6 June 2019 | 3 replies
I currently own one buy and hold rental property (in addition to my personal residence that I own) and I am pursuing my Real estate Associates License (taking the test the first week in July).
27 June 2019 | 7 replies
If I get lead tested and there are high levels, do I open myself up to exposure?
14 June 2019 | 15 replies
It is really appreciated.Just as @Brian Burke said, I am finding out how hard it is to do due diligence on the institutional investor.The sponsor said that they have a long standing relationship with the institutional investor although it does not appear they have had to go through a downturn in a deal together, which in my view would be the big test.
12 June 2019 | 1 reply
The practice tests online from Pearson are extremely helpful in preparing for the exam.
1 July 2019 | 4 replies
There are also "reserve" requirements that pop up when you have multiple financed properties, which require a certain amount in your accounts AFTER closing, that only get more intense the more properties you have.
11 June 2019 | 0 replies
I finally passed my test (finally!)