Archive for March, 2009


Can you gain your real estate license from the internet and sell real estate in Tenn?

mountain_bike300 asked: I called a real estate company and i didnt ask that question but looked at gaining my real estate license from internet. I know real estate, i have 7 homes that i rent out, but unsure about the truth about online colleges. Please help. Thank you.cosmetic dentist San Francisco

How can you become a real estate agent if you are a felony in north carolina state?

Claudia B asked: I am asking this question because of a friend
and she is trying to become an agent in Real Estate in North Carolina. Will she have to seal her records in order to do it.Santa Monica homes for sale

How do I get started in real estate in the entry-level status?

ladyvibe03 asked: I am wanting to know how to jump head first into the real estate market and get my feet wet while still making money. I do not have any experience what so ever, just a real urge to get into this market! I want to take classes but, I really don’t know what [...]

How do I become an international commercial real estate agent?

Sweetaries41 asked: I already have my real estate license and majoring in Global Business Management. So I was wanting to know what other things I needed to do.keyless car remotes

How much Capital Gains Tax when selling Rental Property?

ThompsonKnight asked: Okay, so the actual property belongs to my grandmother and she would like to know how much tax she will have to pay if she sells it. The people from real estate say she can get $450,000. I dont know if it matters or not, but she has owned this property [...]

What route would one take to become a real estate agent or broker and possibly more in the future?

ppmaggoo asked: I would like to futher my education in college with a base in business b/c I hope and plan to own a business one day. I have always been interested in Real Estate and I love architecture, design, traveling etc and enjoy working with people. What route should I take [...]

How to structure a real estate deal with investors looking to develop land?

Frank Rizzo asked: Whats the most efficient way to structure a real estate deal with a group of investors looking to develop land. One of the partners owns land, but will not put any capital into the investment? FYI, this is an international deal where REITs do not apply? LLC? Other?
*Also, how best to allocate [...]

What background do you need to work in commercial real estate?

Frank asked: I want to work in commercial real estate. I am working in Hotel Management at the moment, but think commercial real estate is interesting. Im young enough where a career change is not out of the question. What types of things do employers look for? Is there a high demand for people in [...]

How is the commercial real estate market doing currently in Chicago?

Bookworm259 asked: I’ll be graduating from college this May and I’m hoping to get into real estate development or commercial real estate. Is the commercial market currently as shaky as the residential market?
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How can I start off in the Real Estate Development business?

map92389 asked: I am 17 and still in high school. I’ve gained interest in real estate and know I want to own my own business. How can I start now as a junior in high school to work towards owning and operating a succesful real estate development business. I would like to be operating on [...]

How do the real estate pros buy 10-20 properties a month and were do they find them ?

chilask asked: I intend to run my own real estate investment company and would like the following questions answered. My understanding is that the pros use hard money to fund their deals and if they dont sell the rent the property. After some analysis i realized that after rehabing the property and you decide to [...]

What is going to happen to the real estate agents?

wnd111 asked: I am just now getting my feet off the ground after being out of the job market for more years than I care to say because of three back surgeries that left me in chronic pain. After several years of physical therapy I am going to attempt to do real estate either sales [...]

Does a rental property have to be in the name of an LLC in order to claim income and expenses under the LLC?

thaiger72 asked: I recently set up the real estate LLC, but haven’t transferred the mortgage or deed of the property to the LLC. It is still under my name. I’m wondering if I have to report income and expenses of the property in my income tax filing or if I can report it [...]

What to look for in a good real estate agent?

Kathy R asked: My dad is a public school teacher but he became a millionare investing in real estate. His advise is to hire the “youngest and hottest real estate dame in town”. He says they get more people interested in their properties and they are harder to say no to when working [...]

How is the real estate market in Naples?

Danuta asked: My husband and I are from Toronto, and are interested in purchasing a townhouse in Naples as a family vacation home and rental property. The townhouse is new and is being sold by the builder. How is the real estate market in Naples? Is it less affected by the sub prime problems? Have [...]

How do I get started in real estate devolpment?

kazmaniandevil05 asked: I’m a second-year college student majoring in finance and I am interested in learning about real estate development, but I don’t know where to start. I don’t really know much about it so I need to go somewhere that can teach me the basics.
Does anybody have any suggestions for a summer job/internship?
Someone [...]

What business type should I start my real estate investment company as?

bigmacfann asked: I need some good advice on whether I should start my California-based real estate investment company as a sole proprietorship, a partnership of some sort, or some kind of a corporation. The general purpose of this company is to purchase and rent out residential and commercial real estate. Any help would [...]

If I’m planning to buy real estate out of state, are my trips to look at properties deductible?

heart_and_troll asked: In accordance with the usual IRS travel/meals/ent rules, of course. Are these deductible this year even if I buy next year? What if circumstances change and I don’t buy at all? I’ve heard that if I don’t buy, not deductible; if I do, must be added to basis, not deducted. [...]

Can a real estate broker and a lawyer start a real estate company together?

realreynolds asked: My fiance is considering becoming licensed to sell real estate. I am a first year law student. I have learned a little about real estate transactions and how they work. I understand the roles of both the broker and the attorney, but I’m wondering if my husband-to-be and I will be able to [...]

How do I find Real Estate Investor to invest with me?

MobileMall RO asked: Hi! I am a Real Estate investor in the Romanian market and we have currently running a $10.000.000 investment . We have 2 more projects but we don’t have a company to partnership with . Romanian is named El Dorado of real estate investment. Where I find companies in USA or EU [...]

What are the requirements to obtain real estate by adverse possession?

interested asked: Adverse possession relating to real estate, are there specific requirements in the state of AR to acquire the real estated in question.Malibu homes

What does the tax assessed value have to do with the actual value of a property?

Austin S asked: I am looking to invest in real estate. This would be my first ever purchase of a property for such reason. I have been told to always look at the assessed value of a property before buying to see if the property is priced well or not. How does this value compare [...]

What is the difference between a real estate broker and a real estate agent?

031708140503 asked: What exactly do real estate agents do?Oakland retail space

Can I sell properties from outside the US in California without a real estate license?

moneyman asked: I am planning to sell real estate from other countries in Asia to customers in california. Do I need to have a california real estate license?
Also, can i open a office in california and hire sales people here who do not have real estate licenses.
If not real estate license. Do you need [...]

How can my company buy a rental property?

rykookyr asked: I want to diversify my business (it is no way related to real estate at all). I am looking at the possibility of buying a rental property or possibly a vacation rental property (i.e. a condo at a ski resort or something along that line). Which mortgage companies specialize in this? [...]

what is the ohio law concerning useage of property belived to be owners but actually it belongs to neighbors?

yack asked: my real estate law is long forgotten. However I know there is a law that stipulates that if a property owner unknowingly uses adjacent property belived to be his it does become that persons property after a number of years.Malibu homes

What is the difference between a real estate broker and real estate agent?

gregdaman925 asked: I was wondering what the difference was between a real estate broker and a real estate agent? How long would you have to go to school to be either one?
I pretty much got my answer to this question. Can a real estate broker act as both a broker as well as the agent? [...]

How reputable are the real estate courses offered by real estate companies?

operaphantom2003 asked: I am interested in going into real estate when I finish college and have been looking around at schools. Century 21 offers their own course (3 weeks) and another real estate company offers one for 6 weeks while the community college offers one for 8 months that trains you how to appraise [...]

What causes the real estate market to boom or bust, other than interest rates?

DeveshPatel asked: Right now, the real estate market is cooling in most areas, but its caused by interest rates going up. What other factors contribute to a booming or busting market? 10 points to a solid well thought out conclusion.Semi Truck Accessories

How long does it take to get a commercial real estate license?

Umokay asked: Can you simply go to one of those week-long real estate schools like residential real estate licensing? And what are the qualities that help a person succeed in commercial real estate sales? Is this a young person’s game? Can you start and succeed at middle age? Would like to bank 70k-100k? Is this [...]

What is the process in writing an offer for a commercial property?

tzimi asked: I am a residential realtor. I have a client that wants to purchase a $8 million property that is listed by another broker. Do I send the listing broker a “Letter of Intent” or a commercial contract to sign? When a letter of intent is signed by the seller and [...]

Anyone know how to get a government grant to purchase real estate?

busymom asked: I want to start investing in real estate with little or no money down, but how can I? I do not trust those info mercials they always seem to have a catch. I want to talk to someone that has experience with purshasing property utilizing govenment fund to fix up and rent out [...]

How to advertise real estate listings online?

3Diamonds asked: I want to know if there is a site or service that I pay one fee that advertises my listings all over the web? I am a real estate agent. Thanks!!
I am also thinking of starting a better website or somehow getting my site all over the web. I already have a domain [...]

Is it better to specialize in commercial property management rather than residential?

GOODAH asked: I am new in the real estate industry and is planning to specialize in the field of property management.Carmel Valley Real Estate

How many real estate signs can be posted on one property?

jdtt34 asked: How many real estate signs can be posted on one property? I have been directed in many directions that have led me down a dead end. The Dept of State told me to call the Association of Realtors. The Association of Realtors said that they would call me back (but [...]

How often do people go to a real estate company for rentals?

Melissa T asked: I am currently in real estate and am considering specializing in rentals. I wanted to know how often people go to a real estate company for rentals.
I am in Southern, NJArlington Heights homes

What documents do I get at a home purchase real estate closing?

Michael asked: Assuming no mortgage is involved, what documents am I supposed to get at a real estate home / condo purchase closing?
What documents do I sign?
Which ones prove that I now own the property?
And if a wire transfer is involved, does the fact that the title / escrow company has disbursed funds to seller [...]

How does someone become a real estate agent?

krstn asked: I have been in sales for 5 years and am curious how to switch to becoming a real estate agent? How long does it take before you start to earn money? All commission based? Weekends involved? What is the best agency to work for?
Southeastern Michigan. What’s the earning [...]

can i buy a rental property using my RRSP (under the 1st time buyers plan)?

marc51000r asked: I’m looking to purchase a fourplex or sixplex.
is a rental property eligible real estate under the first time home buyers plan?Santa Monica homes

How do you calculate real estate tax savings?

kurt_belisle asked: My goal is to find the impact of my real estate interest deduction against my federal income tax return in real dollars?Baltimore real estate

I signed a contract with a real estate agency which said I pay 4%when they sell my property & now they want 6%

jumjum asked: They said I have to pay 6 % now because the sale was from another real estate agency and they want a cut. They said I could have prevented this by muli- listing but I thought I was doing them a favor by only listing with them. Should I to pay the [...]

What confuses consumers most about the current real estate market? What scares you most?

eloisejac asked: Are you fearful of buying/selling? What information do you need to make real estate decisions? What are your biggest questions about today’s market?Baltimore MD Homes

What is a real estate investment coordinator and how do I obtain skills useful in that sector?

evie asked: Eventually, I’d like to obtain my real estate license (Missouri), but I’m more interested in investments, ie flips. Any ideas on where to start? Much appreciated!!Atlantic City homes for sale

How do you make money in real estate without flipping?

Rachel T. asked: I’m new at this…but it just seems so impossible to make any money in real estate. You have to pay for loan of the down payment, the property tax, insurance and mortgage……renting it out is not enough to cover the entire cost of all these components. The only way I can see [...]

How much do real estate agents make a year when just starting off?

prettylady asked: I live in Philadelphia, Pa and just started taking real estate courses and would like to know what they make a year on average?Baltimore real estate

What are the best real estate companies to work for in Chicago?

AngelinasMommy asked: I am looking for the best place to work at. I am getting my real estate license soon and would like to work for a great company where they provide training and don’t just throw you out there. Oh, I have a full time job as well. Thanks!keyless car remotes

How can I get my real estate agent to drop the commision for selling my house?

Johnny asked: I am trying to sell my parents house NY. How can I get the real estate agent to drop the commision from %5 to something lower.Oakland office space

What kind of resumer should i make up for a real estate agent job?

Paul G asked: I wanted to apply for a real estate job, but sinse the age of 16 all i was doing is delivering pizza and waitering? what kind of simple jobs , that a real estate company might considere important i should put on my resume?
lol the only reason i got so many answers [...]

What is the best way to generate real estate leads?

nicolehaleyshane asked: If you had to generate real estate leads for yourself where would you get them from besides the internet?Simi Valley homes

Does anyone know of any real estate companies who specialize in rental properties?

Brooke O asked: I am looking for a condo, townhouse, or duplex with a backyard for my dog. I cannot find anything decent on the internet and was wondering if there are any property locators that specialize on rentals.Boston homes for sale

Does anyone know how to get a job in the Commercial Real Estate industry?

chitownj12 asked: I am interested in getting into commercial real estate, not sure what area….leasing, property management, lending, loan officer, I know it sounds cliche, but I basically just want to go where some big money can be made. I have a background in residential real estate as a loan officer and Account Executive for [...]

property statue of limitations in New Hampshire?

foursymbols75 asked: what is the statue of limitations for property/real estate issues in New Hampshire:
Issues that were supposed to be resolved at our closing of the purchase of our house, seemed to be resolved at that time. However, several of these issues have re-emerged (apprx. 8 mos. later): they were not fixed correctly. I was [...]

Real estate investment information?

The Big Man asked: I’m 20 years old and I’m looking for sources of information for buying real estate properties and renting them out. I’ve read many books and purchased many programs on the subject, but am looking for the complete deal. With subjects such as insurance, property management companies, loans, etc… I need a [...]

So, I want to have my own mortgage and Real estate office?

tbrooks2 asked: I am making a carrer change form property management to first the mortgage business, then to real estate sales. I currently have my Illinois Loan officer certification, now I am thinking of gettign my brokers license. I am asking you for any tips on how to succeed doing this, what it is [...]

How do you start a real estate holding company and a real estate development company, can I combine the 2?

Bdd asked: I am 14 and when I get older I would like to start a real estate holding company LLC and a real estate development company LLC. How much money would I need to start one? With the real estate holding company do I get capital gains? Also I would like it to [...]

What job in real estate do you recommend for a person right out of college?

fxlrner asked: I’m graduating college next year and I’m looking for a career in real estate. I was thinking of going either the appraiser or agent route. Which do you guys recommend?Semi truck Collision repair

How do I get in the commercial real estate industry?

Tosin o asked: I am 22 years old and looking to get in the commercial real estate industry, preferably the leasing aspect. What would be fundamentally required for a person as young as me to be even considered for a job in a large commercial real estate firm? Considering I have a real estate agents [...]

How can I become a real estate agent in NC?

Linda704 asked: 1. What do I need to do to become a real estate agent in Charlotte, NC?
2. What classes do I need to take?
3. Where can I study to become a real estate agent in Charlotte, NC?
4. What are the requirements?
5. Any other information I need to know about becoming a real estate [...]

What are the basics for beginning to understand real estate?

katy asked: I’m purchasing my own home and in about 4 or 5 years I hope to be able to purchase one or two more - and grow from there.
What do I need to know to begin a real estate career? Is it better to rent houses out OR try to sell them [...]

What steps do I take to conduct MY OWN title search for a property I am interested in buying?

LADIRE asked: I live in NC. I am looking into buying a forclosed property. I intend on paying a professional (real estate attorney) to search title prior to making any purchase. But I wanted to know if I can search for titles on my own while I am trying to find the [...]

Why does my real estate agent want a Proof of Funds Letter?

Katie M asked: My real-estate agent (whom also is representing the seller on this particular property) is asking us for a Proof Of Funds letter. Is this unusual? Why should we let the representative of the seller know how much money we have in the bank, as I think that would impact our [...]

What are the best real estate books to begin with for self-education?

fatcat19139 asked: I’m looking to change careers into real estate, and have a personal interest in beginning a portfolio of investment properties. What are the best books out there dealing with real estate finance, buying foreclosures, renting properties, flipping, and understanding the general market? Also, what newspapers/magazines do you recommend?business cash advance

Can any real estate agent access mls listings and view houses?

tax_question asked: I want to be able to access mlslistings, and be able to view the inside of the houses listed there w/o calling up a real estate agent. What do I need to do? If I become a real estate agent, can I register somewhere to access the full mlslistings? And am [...]

How to find out what real estate appreciation rates are for specific neighborhoods in or around a city?

jbeall500 asked: I am looking to buy a house and want to know what the real estate appreciation rates are. This will also help me make better choices when going to finance the house.Sacramento Commercial Real Estate

How to invest in real estate with no money down?

mommad asked: I am looking to get a little more infomation on investing in real estate. I have talked to people who buy houses with no money down and end up getting cash at closing? Is it legall ? Are there websites to get solid concrete advise? I want to verify everything these people [...]

What can a real estate agent and broker require you to sign in a real estate deal?

Lisa L asked: I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and [...]

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