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Q:What good attributes do good ones have? Why is it beneficial for Real Estate agents to know rich people? So they can sell to them which buy more expensive houses?: You can instanly get a cash payday loan as much as $1000 by using service: loans.servermatrix.org I acquired my payday loan despite the fact that I had a very awful credit history.

Q:I am a 20 year old university student and I would like to know how to start as a real estate investor? Where do I start? I mean from the very very beginning. What should I know? Where do I get the money to buy my first investment property? If youre a real estate investor, how did you start? What is the process of investing a property to getting money out of it? Im new to this so it would be like explaining real estate investing to a martian. Please tell me because I really would like to do this in the future. I want to be successful please.: If you plan to invest in rental property, I suggest that you start by getting a job as a resident manager of an apartment building or as a property manager. That will give you a taste of the property-management aspects of owning rental property. There are also the deal-doing aspects of real estate. For that, you might get a job as a real estate agent. I did that for two years to learn about the business when I was 26. But since real estate agents are only paid on commission, you may want to take a salaried job in the business instead---for example: real-estate-brokerage secretary, salaried assistant of a top-producing agent, real-estate attorney, title-company employee, or mortgage-company employee.

Q:Also, is there a guide that list the different career option in real estate?: A real estate broker is usually the person in charge of the real estate office with additional education and experience in handling the business and managing the personnel. A salesperson is the real estate agent who sells and lists real estate for sale and rent. He is a subordinate to the broker, but can also be a broker in some cases. The agent is the salesperson or broker. The loan officer is employed by a lending institution or mortgage broker and handles the application for a mortgage. The loan officer is forbidden by law to either list or sell the real estate involved in the mortgage loan procedure. Any major real estate company such as Century 21, Coldwell Banker, Long Foster, Weichert and others will have a complete list of all career opportunities in the real estate business.

Q:real-estate: As an appraiser I use all different kind of mathematics from simply percentage increases, decreases, geometry and addition/subtraction/division and multiplication. I also use complex mathematics such as financial calculations (Discounting cash flows) present value, future value, mortgage constant etc. It really depends on what field in real estate you are in.

Q:During the early part of this decade their was a real estate boom and now as a result, their are a record number of people losing their homes.Was it inevitable that it would end up this way, or is there a way that this could have been controlled so that their would not this massive fallout?: The problem was not what the homes sold for...that is where people are misunderstanding what is wrong with the economy. It's that the MAJORITY of the loans were appoved under adjustable rate mortgages, especially in subprime. So what happened, was that people's interest rates kept going up, taxes, insurance, and the payment kept going up...but their income DID NOT. Doesn't take long before you can't pay your bills. Stated income loans and no doc loans were really not the source of it...some, but not the main source...it was with adjustable rate mortgages being given to people that wanted to gamble with the market, buy homes that they could not afford...and when you gamble, sometimes you lose. That is what you saw happened. Like for me...my primary residence and ALL of my rental properties are all under fixed rates...my income has actually decreased with the mortgage mess (but has recently picked back up)...I am not having the financial problems that most of my fellow Realtor/investors are because of the fixed rates on my properties...because I always knew what I could afford and always knew how much money I would make. I have landlord friends who's rate has adjusted HIGHER than the lease their tenant is currently in....so the landlord is losing money each month, but there isn't anything he can do because the tenant is mid-lease....it's a two way contract.

Q:My real estate lawyer for home closing was suggested to me by my mortgage company. He told me he has worked with this lawer in the past and he is good. I took the lawyer. I then had a problem with the mortgage company. The company was negligent in missing my closing date. When I asked the lawyer about having to possibly open a lawsuit against the mortgage company, the lawer said he could not as he represented both myself and the bank. Is this the usual practice for a closing lawyer to represent both parties.: You need a real estate agent and you need an attorney. First you need to know who the real estate agent represents. They could be representing the seller and in that case they could not be working in your best interest. They could be representing both the seller and buyer and merely doing the paperwork and not looking out for either of your interests, they are in that case merely facilitators. If you asked for an attorney, they suggested theirs to you which sounds to me like both the mortgage company and the attorney are on the seller's side if you are the buyer...and no one is on your side. You need to hire your own attorney to represent you. To answer your question....you need to saavy when you buy a house (or sell a house) so that you are protected. Get yourself a real estate attorney. If you don't know one then call your county bar association and ask for an appointment with a real estate attorney who also could sue a negligent mortgage company for missing a closing date. Then talk that out at your appointment. Sure, only one side can be represented in a deal. It's done. But, you need an attorney to protect you and now you found out why that is.

Q:I've looked online, and I got the general run down of the process. But I couldn't find anything that told me WHERE to take the 63 hour required course, or how to go about doing that. Nothing was very clear. I tried the Florida Department Of Business Professional Regulation like I was told, and that was even worse. I have no idea how I'm supposed to go about doing this. PLEASE help, and be as CLEAR as you can be. Also, links to where to go and all of that would be really appreciated. Thanks.: There are several methods of accomplishing getting your real estate license. Some real estate firms might take you on as apprentice prior to you getting your license. The first step is to decide if you would want to take the basic required courses that are necessary to take the real estate test in Florida. #1. A cram course over a weekend as some real estate schools offer. #2. A sit down course that take a week or two to complete. #3. Attend a community or 4 year college Once you have taken and passed the real estate, you would need a real estate broker that will hire you as you learn the real estate business. You may not sell real estate for other individuals with your real estate sales license you must be employed by a real estate broker. You may google real estate test requirements followed by Florida. This will bring up several sites that will offer many schools for you to select in order to get pass the real estate exam. Some of your larger national firms as well as a few local real estate firms might offer these course to you, however, they might require that you work for their real estate firm. You would find their ads listed in most Sunday newspaper. After you have successfully passed the real estate test and accepted by a real estate broker you should immediately make the very best marketing play you can. This marketing plan will make or break you as a real estate professional. Without a marketing plan you are chasing ambulances, the next great fad each time that you think will work for you and get you clients. This is not what the top produces do chase ambulances, they make a marketing plan and stick to that plan. They might teak it occasionally to incorporate a few new wrinkles or new technology. I hope this has been of some benefit to you, good luck. FIGHT ON

Q:I am a rental agent in the real estate business. I'm in the process of placing an ad in a local paper to attract property owners (in hopes they will list their condo/house with me through the company I work for). Any good ideas or tips on what to put or say in the ad? Thank you in advance.: I don't mean to sound crass, but my listings kick *** our homes save bucks, their home sucks its hard to be a land pimp,help a brother out i'll take your equity and move to Schenectady 2,4,6,8, buy some Effin Real Estate

Q:seeking a real estate company that will help sell our timeshare in Virginia Beach,Virginia?: Very few real estate companies take on timeshares to resell. Why? They are difficult to sell and selling them makes the real estate company a VERY small commission, which is why so many charge an upfront fee. This has led to a proliferation of scam timeshare resales companies. If you want to get rid of a timeshare fast, use a timeshare transfer company instead. These companies also known as timeshare relief companies will transfer your timeshare out of your name for a fee. I know it sounds fishy, but it's often the only way that timeshare owners can get rid of their timeshares. Go with a company that's been in business for over 5 years and makes a conscious effort to show you who are they from the rep handling your case all the way up to the CEO. If they are hiding who they are, just walk away.

Q:I am thinking of starting a career in real estate. I know the housing market is in a state of decline and credit standards are becoming tight. As a result, commissions are going to take a dive for agents. I know that getting a good portfolio of listings will help, but marketing them will be expensive. I have a good connection with media sales and marketing. I am in vehicle sales now and just want to move to a more profitable field with more autonomy and a more professional environment. I have the time, dedication, and a very handy wife with a good eye for staging homes and design. I think that starting with a larger company will be beneficial, but are more experienced agents usually forthcoming with guidance and advice for rookies. I consider my self a good looking, charming young man with a silver tongue. Bottom line, is it a smart move to go into real estate (in Memphis, TN) right now if I have to make at least $40k/year?: Who told you these lies about Detroit? What you are saying about Detroit is NOT TRUE. First, Detroit and the Metropolitan Detroit Area is shrinking. Detroit has lost over 50,000 residents in the last seven years and the metropolitan area is in decline. Second, the State of Michigan has the worst economy in the United States. There are NO JOBS AVAILABLE. Residents in Michigan are moving out of state to find better jobs and oppotunity. Finally, The only transportation in Detroit are Gas Gusseling cars you drive around that will eat up your cash. Detroit has a bus system known as SMART but many communities are eliminating the system Detroit has not on ground train system other than the People Mover and there are no trollies. If you want to sell real estate housing in the Midwest, I suggest you try Chicago. The Chicago Metropolitan Area is growing, has excellent mass transportation, a good economy, and could be the host of the 2016 summer olympic games.

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