Although we don’t anticipate any issues, we had a proper agreement of sale, mortgage and note, and we are closing with a title company (so there was a title search and we have title insurance) and will be using a loan servicing company to avoid any confusion about payments, balances due and taxes.

Quick rundown on me, my wife is a licensed agent and me and my business partner plan on buying our first deal as soon as we find one.

Would a proper comparison be rehabbing a house yourself vs hiring a contractor?

Hire licensed contractors , throw out the low bid .

Of course I don’t trust mgrs to source proper tenants, but that’s the doing of my business’s mentor from back in the day.

Quick rundown on me, my wife is a licensed agent and me and my business partner plan on buying our first deal as soon as we find one.

I'm also an upcoming real estate investor, I have my real estate license here in California and have started to analyze properties in my market area. 

I think we would be interested and willing to have someone we paid a nominal fee each year just to be able to answer a call or a couple of emails.Maybe do an initial consultation and/ or an annual checkup and onboarding to get us set up properly in terms of entities etc. ie does it make sense to create an llc.maybe have an packet available to answer basic questions like dos and donts of fair housing, evictions, Collections, recent law changes,the setup and use of an llc, trusts, wills etcThat way we are initially doing things properly and have built a relationship before we have larger engagements or are paying thousands due to initial poor planning.

Hi all,I am wondering about real estate sales / broker license reciprocity.

If this was a proper development that was done in the recent past (say the past 50 years or so), you probably will find a lot of supporting documents.