How much would I need to make through commissions in order for banks to feel comfortable lending me money to buy real estate? Could I invest right away as a commissions-based worker, or would I need to build a few yea...
I have recently purchased a 3 bedroom townhouse in the state of Nevada. I am now looking for tenants. There is one person that lives in a smaller unit across from the one I'm renting that is interested in upgrading. T...
Hi BP,
A little background on what my situation is. 22 years old. Credit score 710 via credit wise.
Duplex I’m looking at: 154,900 asking, 4x2 full ba. It’s been on market for 368 days and I’m guessing because one...
First time posting!I was talking with an agent in our office about investing strategies the other day when she mentioned something new to me. I am here to ask if anyone else has experience with this or can point me in...
I ahve recently had several debates with several agents and others regarding how much agents should be paid for contracted price.
The scenarios that come up with me are this: If you list a property for $300k and an o...
Peace to all, I was reading many of the forums and saw others speaking about choosing the right brokerage in regards to the "Commission Splits vs. Fee Based". I am in need of advice for choosing the best option out he...
Hey BP,Currently, I am in a Salary position. I have never worked commission based only jobs. I am considering pursuing a job opportunity that is commission based. However, I've heard that you have to have 2 years work...
I need some advice because I'm running into the same problem with working a commission-based job. When I apply for a mortgage, I cannot claim my commission as income until I have two years of commission as "proof" of ...
I was told that on a NNN lease, brokers should take a commission of X% of base rent (price per SF x SF) - not total rent (which includes NNN). That makes sense to me as NNN is just expenses that are passed onto the te...
HiI’ve been reading into creative financing options to get started in REI. I am pretty attracted to the FHA loan and 203k loans.I’ve started to repair my credit. I’ve been putting a significant amount of my income in ...