I just finished Reading "Profit from Real Estate Right Now". and I am excited to start out in RE (AGAIN). Back in 2004 I took the Florida RE Licensing course and exam and passed (the 1st time around) BUT that was only just the begining I signed with an agency and soon discovered it costs alot to start out as an agent (MLS fees; Broker fees; NAR fees; and E&O insurance) and that is just to start out and many of these fees are due monthly in addition to splitting any commisions with your assigned broker. I managed to survive about 2 years without much success. I did read up on some good RE people like Kiyosaki, Barnett and Keller; and even took a course put out by Dwan Bent-Twyford ($10 - $10,000 in 30 days). But still trying to earn a living pressed down on me with Rent, Electricity and Child support. I had to turn back to 3 JOBs just to get by. I am barely getting by right now; over a month behind on rent and electric; trying to support my aging mother; supporting a wife and kid overseas along with past due child support to Arizona. Life aint cheap. So much for supporting myself on a WalMart job alone...
I picked up Dean's book and Read it ravenously in 2 weeks. I am on the 2nd time throuh now. I particularly Liked Carol Stinson's approach with assingment contracts though calling rentals. I like the IEE approach too and many fellow WalMart employees want homes... What a Source of buyers... I am anxious to start up and dig myself out of this hole I am in. Please all you smart people here in DG please guide me and help me out here. Here are a few questions I have:
Are assingment contracts really the cheapest way to start or Bird dogging?
How do I work with an RE agent that wants to provide Foriegn Cash buyers on local properties. Should the agent get part of the action and how much?
Should I follow through with reinstating my RE license in Florida? Will it be a hinderance or a help? I passed The RE licensing course again and only need to test again.
Should I worry about setting up an LLC right away? I have an offer from a foriegn source and I am sure the State of Arizona (past due child support will swoop down as soon as a check comes thru in my name) I currently Pay regularly thru that Wal Mart job.
If I can get these questions answered right off I will follow thru and ask more as they come up ... I am currently reading "Be a Real Estate Millionaire" and checking this site on a daily basis. I am REALLY REALLY DESPERATE here and need a hand up before i go under for the third time.
I just finished Reading "Profit from Real Estate Right Now". and I am excited to start out in RE (AGAIN). Back in 2004 I took the Florida RE Licensing course and exam and passed (the 1st time around) BUT that was only just the begining I signed with an agency and soon discovered it costs alot to start out as an agent (MLS fees; Broker fees; NAR fees; and E&O insurance) and that is just to start out and many of these fees are due monthly in addition to splitting any commisions with your assigned broker. I managed to survive about 2 years without much success. I did read up on some good RE people like Kiyosaki, Barnett and Keller; and even took a course put out by Dwan Bent-Twyford ($10 - $10,000 in 30 days). But still trying to earn a living pressed down on me with Rent, Electricity and Child support. I had to turn back to 3 JOBs just to get by. I am barely getting by right now; over a month behind on rent and electric; trying to support my aging mother; supporting a wife and kid overseas along with past due child support to Arizona. Life aint cheap. So much for supporting myself on a WalMart job alone...
I picked up Dean's book and Read it ravenously in 2 weeks. I am on the 2nd time throuh now. I particularly Liked Carol Stinson's approach with assingment contracts though calling rentals. I like the IEE approach too and many fellow WalMart employees want homes... What a Source of buyers... I am anxious to start up and dig myself out of this hole I am in. Please all you smart people here in DG please guide me and help me out here. Here are a few questions I have:
Are assingment contracts really the cheapest way to start or Bird dogging?
How do I work with an RE agent that wants to provide Foriegn Cash buyers on local properties. Should the agent get part of the action and how much?
Should I follow through with reinstating my RE license in Florida? Will it be a hinderance or a help? I passed The RE licensing course again and only need to test again.
Should I worry about setting up an LLC right away? I have an offer from a foriegn source and I am sure the State of Arizona (past due child support will swoop down as soon as a check comes thru in my name) I currently Pay regularly thru that Wal Mart job.
If I can get these questions answered right off I will follow thru and ask more as they come up ... I am currently reading "Be a Real Estate Millionaire" and checking this site on a daily basis. I am REALLY REALLY DESPERATE here and need a hand up before i go under for the third time.
Frederick R Bauder