How to go about getting your realtors licence?
I would like to get my realtors license what do I hafe to do to get it? Please be specific
Answer:
Your state will have a website that will show you how. You will need a certain amount of education and such. If you know which company you want to work for they can direct you to that information- otherwise you can contact your local community college and they can help you.
You will work under the direction of a broker-company and the training you get there will be much more important to your success than any education you got before- so check out what training the broker offers before you decide where you want to work.
How to transfer a house with the lowest cast?
the transfer the ownership cost a lot. thousands
can you just sell the house to you relative for 500$?
Answer:
You can, but that would mean you have to pay gift taxes on top of the transfer fees. Do not do this unless you have enough cash to pay those taxes, they are due the same year.
you are also increasing the Capital Gains tax the buyer will be paying if they ever sell.
How to see if my apartment complex is for sale?
I suspect that my apartment complex is on the market? Is there a website somewhere that I can check this?
Answer:
Not unless the owner asks to have it listed in the Multiple Listing Services (MLS). The seller doesn't have to do that.
How to land a six figure job straight out of college?
I am 14 and a freshman in highschool. As I am getting closer to adulthood I feel more and more nervous everday. I don't want to be a failure or a homeless man. I need to get my plan ready now…before it is too late.
Answer:
What do you have to offer that would entice an employer to give you a six figure job? Unless your "hoop dreams" actually translate into real talent, you will just have to pay your dues and live on a budget like the rest of us did.
What are your interests, passions and abilities? How do they apply to real jobs in the real world? And why at such a young age are you worried about making gobs of money? Worry about your grades, girls, finding your first job, buying your first car. The rest will come soon enough.
How to get out of a timeshare contract?
Been paying on a timeshare for almost 2 years now. Have never been able to actually use it. Have a letter typed up about misrepresentation that acccured when I bought the timeshare (that it has equity, tax benefits etc). I am planning on sending the letter to the timeshare company in hopes I can just count my loses. Any advice? Is this possible?
Answer:
Hello,
Yes it is possible to get out of your contract. If you can claim that the timeshare was misrepresented; that it was an "investment" or other similar acts you may be able to get the contract cancelled. We work with a company that handles nothing but cancelling timeshare contracts/deeds so it is possible. Before seeking advice and having to pay large sums to an attorney see if the letter will hold sufficient to the resort and if they are willing to negotiate.
Sincerely,
Tyler Stofel
Licensed Real Estate Agent
How to buy forclosed properties straight from the government?
How can I find forclosed homes to buy straight from the government? Is it true that many homes are sold very cheap only covering the homes unpaid tax? How can I buy these homes and were do I find them?
Answer:
By contacting HUD, Homes for Sale/U.S. Department of Housing and Urban. No, you really cannot get a house cheap by covering the homes unpaid tax. You can own a lien on the house, which the owner needs to pay you with interest and clear the lien. If the house is of any value, someone will pay the lien. Chances of a person who had a house and no one who can claim the property with any money, is unlikely since the house can be sold and the proceeds pays the lien. Simply, the lien is $10,000. The house was build in 1911, needs major plumbing and electricity. It needs a roof and the previous occupants put holes in the walls. No one wants the house and you pay the taxes. You lose or build a new house on your land.
How to establish yourself after graduating university/college?
How do you manage to move in to a decent apartment, buy a decent car, and pay all your bills out of college?
How much savings should you have when looking to move out?
Answer:
The vast majority of college grads cannot do this for many years.
Even the career paths that will lead to that aren't going to pay enough to do all of that all at once.
Look to find roommates in a decent area and stick with the junker car and the bus for as long as you can. Get the loan paid and work your way up in your career... till you have make enough to get the nice things in life.
How to get rid of timeshares one cannot afford annual maintenance on?
Have three units since the 90's. Have tried to sell, deed back or donate all of them! Can no longer afford to pay annual dues ( no mortgages on any of them)! Any way to unload without destroying an otherwise AAA credit rate?
Will my son be stuck with these when I die (am currently 68)?
Answer:
Your son will not be stuck with them.
You can't avoid damaging your credit.
Sell them for $1 to anybody who will buy them.
Edit for a brainstorm.
1. Create a corporation (that's cheap and easy).
2. Deed the timeshares to the corporation.
3. Have the timeshare company register the change of ownership to the corporation.
4. Allow the corporation to default on the maintenance
Now, your credit is protected.
How to become a commercial property scout? For commercial real estate investors?
How to become and find partner, investor, joint venture group, investor group to help me get commercial property? I have large office complex under contract and want to buy with investor. How can I find a investor to assign it to or partner with on it?
Answer:
First, it depends on the property you have under contract. What is so special about it? Does it have a strong history of performance to show a partner or investor that it is a good strong solid deal? Do the records the seller has show a steady and stable performance? Or if it has a low occupancy is the seller selling it based on the current income value and not a proforma future value? If it is a strong deal then you can present it to investors as a deal you have scouted and or seek partners for the deal. What are your goals with the property? Are you wanting to create a monthly income or are you wanting to create a large profit in the near future? You can look into a joint venture real estate option or you can seek to have a exit on the deal in the near future or you may want to partner up as a scout. A few of the industry's joint venture, partner, property scout investor groups that you may want to take a look at in sending your deal to are Karen Holtz, Richard Valleno, Austin Davis, Maria Zeak, Robert Haller, Vince Kantz, Preston Challon, Don Jakes or Oliver Prichard. Working with other investors in joint ventures, partnerships and investment groups are all how the big investors have grown their wealth in commercial real estate and if you have a solid deal you should go after other investors. However, if you just have a deal under contract and it has no extra ordinary value then it won't likely be of interest to any CRE Scouts investor groups. You also will have to work with a investor or investor group as a CRE Scout if you are not a broker.
How to determine interest earned on a security deposit?
What is the interest on a security deposit of $2,500.00 given to a landlord on 12/31/09 for a rental beginning 2/1/2010 until we moved out on 1/31/2012. The lease says it should be 3% per annum, simple interest, accrued at six-month intervals and must not be compounded?
Answer:
The big question here is whether or not the interest is accrued from the point you gave the check to the landlord or from when your tenancy started. If the lease doesn't spell this out and state law doesn't cover it, then you'll need to ask an attorney/legal aid.
If this is only a lease requirement and not a state requirement, I would think that the interest starts at the lease start.
Therefore, you have 2 years of simple interest at 3% per year. That's $75/year for a total of $2650.
