Michael Gee
Referral fee business?
Hi all!
I have a question about receiving referral fees from other agents and brokers. From what I understand, an agent can pay a 20%-30% referral fee to another licensed agent. Are there agents who make a living/b...
Andrew Besecker
Wholesaling Books
I am looking to jump in wholesaling. I have been a Realtor for a year now and they are changing the market with the rules realtors and banks will need to follow to close on a house. New closing timelines will be avera...
Alain Perez-Majul
Purchasing property with "tenant-buyer" living in it
Hey guys, wanted some second thoughts on this.My direct mail produced a call from a woman wanting to sell an absentee property of hers. She's got it tenanted, and the guys who is living there is interested in buying i...
Bradley Rieger
How to start investing with little capital, but have other skills
I graduated college last spring so I have little capital to bring to a deal. I’ve been doing construction work since high school and during my sophomore year in college I started my own contracting company. My company...
Erik Pilon
Why Rent before Refinancing?
Hello!I’ve been making some quick calculations, but was wondering why is BRRRR set-up so that renting is before refinancing?Example:- House = $100,000- Downpayment = $20,000- Loan #1 = $80,000- Rehab = $20,000- Rent =...
Diane Tycangco
Old San Rafael California condo renting for $2600/mo
Hi y'all! Was wondering your opinion if you would buy a rundown condo that is renting for $2600/mo and selling for $315k with $440/mo HOA. The place looks so rundown and decrepit and the tenants are low-income. Wha...
Spencer Hoogveld
Living off rental income
I’ve been a real estate investor for the last 5 years. I currently own/manage 4 multi-family properties under commercial loans. My goal is to eventually live off of my passive income. Are there any strategies I should...
Michael Plaks
Crypto warriors - beware!
The IRS is catching up. Quote from the official announcement below: "Virtual currency is an ongoing focus area for IRS Criminal Investigation."https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-curr...
Jeff Montanya
Interest Only Seller Financing
Can anybody help me understand how to structure and use an interest only loan to acquire a potential free and clear seller finance deal. The seller is willing to take 5% over 10 years. I’m trying to negotiate him to ...
Jorden Glasco
On the Edge of a Recession? And How to Protect your Investments?
As I'm sure most of you have seen plastered all over CNBC today, the yield curve for the 10-year treasury note broke below the 2-year rate. Also, if you watch real estate YouTubers, such as MeetKevin, they have been t...