Posted by admin on 29 Jul 2008 7:23 pm. Filed under
Renting & Real Estate.
bjdmb asked: A real estate agent told me he could help negotiate the price and get us the better deal on a newly built home. The real estate agents at the builders location says they can get me a better deal if I don’t have a realtor. Who is blowing smoke? Do I actually get a better price if I go with a realtor or without?
Posted by admin on 29 Jul 2008 10:36 am. Filed under
Investing.
dave asked: I would eventually like to buy and sell properties. Should I take any special classes? I read a couple of books on the subject. Are partners a good idea?
Posted by admin on 29 Jul 2008 8:07 am. Filed under
Investing.
COLONEL WAFFLEJAW asked: im looking to invest in some real estate,but i want to learn as much as i can before hand…….any help would be greatly apprieciated.
im looking to invest in some real estate…basically buy some homes to fix up and resale….also mobile homes and so fourth,…however i want to gain as much knowledge and learn the do’s and dont’s of this field….any help would be greatly aprieciated
gordons_19 asked: I am looking to expand real estate investing into a more full time business, so I would like to register a business, but for my personal asset protection only. I will not have office space or employees so I don’t need a fancy business registration; I am only looking for help in setting up an LLC or something similiar to be operated from Canada, with the majority of my real estate deals in the USA.
Based on that- registering a business name basically for liability protection, and to be operated from Canada but with deals found in the USA- can someone give me some advice or point me in the right direction on registering cheaply and with low fees (maybe online?) either an LLC or something similiar in Canada that I can use in the USA and also Canada simply for my personal asset protection from being sued? Alternatively, can I register an LLC in a random state- but use it nationwide and in Canada- and operate it from my home in Vancouver, Canada? Thanks everyone.
Posted by admin on 29 Jul 2008 5:40 am. Filed under
Renting & Real Estate.
bigmerk92 asked: I am a criminal justice major at my college but I plan on getting involved in real estate investing as well. I have taken courses from the Trump institute and the Robert Allen institute. I was wondering if a minor in finance would help me in this field? The courses are intro and intermediate microeconomic analysis and intro and intermediate macroeconomic analysis. Then intro to investing, and then real estate investing. Is that all really worth my while or is it just going to be a waste of time? Could I find enough information on investing elsewhere?
mytfyne79 asked: I am currently deployed to Iraq and I have been wanting to start investing in real estate for sometime now, and I would like to get started from out here if at all possible. When I go back to the states in December, I still won’t be going back to that state that I want to buy property in for about 4 months after I get back. With the foreclosure market being kind of nice right now, should I wait?
xxsykosk8trxx asked: Using my GI Bill , I want to go to a school or eduction center that teaches Real Estate Investing, and everything I need to know and do to get started and be successful. Maybe coaching or mentoring as well. Anyone know anything about this.
Posted by admin on 28 Jul 2008 8:38 pm. Filed under
Investing.
jnet asked: Even if you only put 15% down for downpayment, a beginner will run out of money pretty quick. How can one accelerate the rate at which they make purchaces? I know you can take out personal lines of credit against existing properties, what else?
Posted by admin on 28 Jul 2008 3:34 pm. Filed under
Higher Education (University +).
ihateaccounting asked: I have a business administration degree, but now I think I want to enter real estate. What should I do first?
Posted by admin on 28 Jul 2008 1:50 pm. Filed under
Investing.
. . asked: Ok. Lets say a Real Estate investor buys a 20 unit apartment building (20-Plex). And this landlord has paid off the WHOLE building. It is 100% occupied and he charges 600 per month in each unit. And wonderfully everyone pays on time every month
SO it grosses at 144K a year. ALL i want to know is what will be his NET after that, because i know there are expenses that hes gonna have to use that 144K. Can u tell me what these different expenses are and how much u estimate his net will be after all the expenses? Thank YOU! Sorry about the long paragraph lol im just curious because i want to learn about RE investing.
