 How much do we need to make to afford this house? |
| We are interested in a house that we think we can get for $275k. We would put 20% down and have a 220k mortgage. This will be no problem with our dual salary, but we're thinking that I will ... |
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 Should a Landlord rent out his property knowing he's not been paying the mortgage or ground rent ? |
| This little surprise arrived on the hall mat, in the form of a letter addressed to the occupier, it stated that a hearing was set at the local court for repossession to commence, would you as the T... |
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 Do I Have To Let Him In My Home? |
| I am moving out of my apartment on June 1st but the owner wants to show off the apartment before I leave, do I have to let him? I figure that I paid for the whole month of May and it s still my place ... |
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 Does the year of a house built affect its sale value? |
Additional Details
Thanks for your supportive answers so far. What about the situation specifically for an apartment unit inside a co-op building?... |
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 What to do - Landlord not providing heat!!? |
| I live in Westchester county NY, in an apartment building. The landlord is supposed to provide heat, and there is no way for me to turn the heat on/off in my apt. I complained a few times in the ... |
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 Selling our house. How do we make the home information visible to out of state buyers looking to relocate? |
| We are selling our house. We live in an area that is very conducive to people looking to relocate. We are using an online service (buyhomes.com) and they will post our house on the mls realtor ... |
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 Where can I buy lots of cockroaches? |
The pet shop can supply mice and rats.
The problem is I am leaving my flat next week and the landlord says I have to leave it as I found ... |
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 How to get rid of my roomate? |
| I got a roomates about a years ago but i want her to leave i want to have the apt to myself i just rented her the room and she wont leave? the apt has been mine for 3 years never had any problems. i ... |
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 What happen if u lose a job before closing date? |
| my closing date is aug. 8. i think my job mabye in jeopardy. if i lose my job before closing date...do i have to tell my mortgage bank? what happen if i get another job before than? do i still ... |
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 Have to leave Parents Home? |
My Parents have decided to sell up and leave the country - leaving my brother, sisters and I homeless.
Our ages range from 17 to 26 - are we entitled to any sort of housing help?
... |
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 Do you still half to pay your half of the rent on a lease that your x refuses to breach? |
| I want to break a rent contract. I have 7 months on the lease left. The situation with my x-boyrfriend was an abusive one so i had to leave but I was told I still have to pay my half of the rent ... |
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 Verbal 30 days notice? |
| We signed a 1 year rent contract. It expired 2 months before we moved out. There's a line in there which we didn't read which says that after the contract expires, it will become a month-... |
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 We want to buy a house but its so complicated.Any advice? |
| We are pre approved for 150k loan but i am not sure how much of a house i can get for that amount in North Carolina. my husband is the only one working right. How much does it really cost between ... |
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 Should I repair my credit before purchasing a home, or continue renting until I repair my credit? |
| I want to purchase a home, but I am currently repairing my credit from mistakes I made 4 years ago. Ive consolodated two major issues on my credit, a large credit card bill and money I owe the IRS, ... |
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 I gave my landlord a 6 month notice that I have to break the lease? |
| I can't afford to stay in this rental home thats $1300/month? I gave my landlord a 6 month notice. What can he do legally to me? Besides, there are things that are broken that he won't fix ... |
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 Getting out of a lease.? |
| I am currently locked into a lease but have lost my job. There is no buyout option, but I will be unable to pay rent in the near future. I have given notice, but they are saying that I am still ... |
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fxlrner | Job as a real estate agent? |
I've heard that in their first year that real estate agent's don't make very much and I was wondering if any agents out there can give some advice on whether I should get my license and maybe share their experiences of how their careers started and maybe give some tips to me. Thanks. |
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sadriel
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My dads a real estate agent and does well hes been doing it for quite a few years. I am also in the real estate business, I remodel homes. You just have to get used to being paid in big chunks, and making it last. I think the biggest thing i have learned from his career is that he always looks out for his clients, and makes sure that they don't get into a home they can't afford. Also, different areas have different markets, which go up and down. It really all depends on the job market in your area, what the housing market will be like.
He also supplements his real estate income by buying homes and fixing them up for sale (like what i do for work). Its a great way to make some extra money and can far out way the amount of commission you earn in a year.
I would say that in your first year you will probably be spending most of your time learning about what the market is like in your area, and what is a fair price for a property and what is not. Networking is probably the most important part of starting your career. A lot of my fathers clients have been with him for years.
Once you network and get clients who trust you, and get your name out, learn the market, and always do the best for your client it can be a great job. |
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Big Prich
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1st year is gonna be a struggle and you probably wont make much
best to have a REAL job, and do real estate in the evenings/weekends untill you build up some clientelle |
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fdm215
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If your really interested in getting a start in Real Estate definitely go for the license. You will probably need a "day job" to cover your expenses while you build a following as an agent. Make sure you let everyone know when you get your license. The best way to find clients is through word of mouth. Good luck! |
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frankie b
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I would say it will be the first 3 months or so that can be really tough. You should be able to have at least a closing or 2 in that time. Then from there on in if you work hard you can make an excellent salary in it. Remember the part time agents, and the lazy agents are the ones starving right now because the market is down. The ones who bust their butts, and still hustle hard each day are making a killing. Its all in your personal work ethics, and your drive. Remember you will not have a boss nagging you to go to work everyday, so its easy to let the days slip away. Work hard, stay focused, and you should do OK. You should have no problem hitting 6 figures after your first year.(and at least 50k in that year.) I personally have some issues with this, but I work an average of 40hrs per week, and I make 6 figures consistently. Even in down markets. If you work hard the hours you put in you will see results.
Average home in my area is around 250k. Now if you are in an area where they are 600k it will be easier to make big money, and if the average is 100k it will be harder.
Bottom line is if you treat it like a business, and not a slacker you can make money
RE Agent,
Remax |
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Ya Boy MH
|
my mom just started doing real estate. she has a full time job and she is doing real estate on the side. its bringing in a lot of money so far. she started with family members first so it may just be easy for her now becasue people are coming to her all at once because they heard she got started. but she is getting alot of customers from a website she built and advertising on that craigs list. i am planning on getting my licsence in a few months when i turn 18 and doing it to during college. |
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godged
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The first year is tough. I have a few agents in my office that tell me they did NO business the first year. I did some, but not enough to pay the bills. I was really happy that I saved a bunch of money before I made the leap.
Some agents starting out with nothing live off of credit cards, but that is a way to get in trouble in a hurry.
The minute you get your license, let EVERYONE know you are in the business. Wear your name tag everywhere, people will stop and ask you questions, it is a good way to make contacts and hand out business cards.
It's rough, but it can be done. Good luck to you. |
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packrat
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yes i think its a good idea but you dont want to depend on it as a career because it takes a wile to sell a house and you wont get a pay check every week. |
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Shuggie Pee
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My brother and sister are both in Real Estate. The first year is hard and you have to pay alot of dues to be a member of the association. If house sales are down then your income is down. You usually have to work weekends. It is a great way to get sales experience and meet people, as well as learn about your own home. The money can be good or bad. You are an independent contractor so you have have to pay alot of taxes at the end of the year. |
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Emily
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they make maddddd money. my dad owns a remax he opened in our area. and even though real estate is in bad shape currently, they still make a lot of money like ridiculous ! |
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oragon_man2
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I would say get your license even if you are only thinking about pursuing real estate or not, it will come handy in the future.
I myself is a real estate agent and based on my experience first year is the most exciting due to the knowledge (trainings, meeting people and agent like you) you will get and experiences, but financially it is really hard on the first year. I am a real estate agent for almost 4 years now and it is financially rewarding, but I still keep my day job so I can retire early.
It is the attitude and commitment that you need to develop if you are really interested in getting into real estate |
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Perry J
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You'll starve! Sell property on your own without having to obey some state laws. Buy on mountain tops & where the water stops. |
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javaKat
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I tried it for almost 2 years before i got out. You have to have the look and the attitude, and I just didnt have it. I did make 10K doing it part time the first year, but all the little expenses and fees eat away at it..and they continue even if the income doesnt..plus I think that 10k cost me a few years off my life from all the stress :) |
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