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What are the general hours a real estate agent has to work?
What are the general hours a real estate agent has to work? I have a daily job from around 3pm to midnight each day and also do not have a lot of time on weekends. I am wondering whether a real estate agent can succee...
Kyle Seidel
How I thought DTI was calculated is wrong?
Income: -$3,000 ($2,400 after taxes) salary-$500 ($400ish after taxes) dividends/commissions-$1,575 in rental income for my owner-occupied duplexDebts:-$950 mortgage for my duplex-$50ish for min. c.c paymentHow I thou...
Sandra Holt
Brokers license for MD attorneys
I am an attorney in Maryland and I know that as an attorney I can take the test to become a licensed broker without having to fulfill any of the prerequisites (e.g. two years realtor experience). Are there any attorn...
Kevin Barnett
What is your definition of "flipping" and "rehabbing"?
I was at a recent REIA meeting and someone asked what I did. I told him that I was currently rehabbing a house. I try to avoid using the term "flipping", especially with so-called investors savvy types, because it see...
Melanie Heiges
Tidewater Virginia Beginner
Hello! My name Is Melanie and my husband and I have started the education part of our real estate journey! We’ve got our first book down, and beginning to research the area. We’re in the tidewater area of Virginia and...
Christopher Huber
Finding private lenders
So I'm working with someone to build 72 affordable houses to rent in an old trailer park that has been emptied out. Currently have 6 complete and working on the next 6. We have funding through a couple private lenders...
Marcus Welson
Seller Closing Costs Review and Options
Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and...
Michael Rutkowski
Hi from Bozeman, MT
I've learned all the bad ways of landlording from my father since I was 15, and now I do it right at age 35, and have flipped one of my units into a vacation rental. I love hearing about all your deals gone bad, and l...
Brian Scott
Determining cash flow while house hacking ?
Hey everyone. I am the owner of a 2 family MF in NJ. My mortgage is 3232.00. I rent the second floor for 2100 which leaves me with the remainder payment of 1132.
Am I generating cash flow since I have approximately 6...
Christopher Hu
Renting my first property
Hi BPers!I purchased my first 1BDRM unit in Seattle, performed the renovations, and am ready to rent it out soon. However, rather that hiring an agent, I wanted to see if managing the rental process yourself is easy e...