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Forum nameBiz Ideas
Topic subjectRE: Biz Idea for Real Estate
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=103&topic_id=1906&mesg_id=1915
1915, RE: Biz Idea for Real Estate
Posted by Leo_Andre, Tue Dec-04-07 05:10 PM
I agree with Bizresearcher. You cannot act as/like an agent unless you are licensed to do so. At least that's what I learned in my class a couple of years ago. It is a good idea, I agree, but if you would like to pursue that why not become a licensed real estate agent? You might as well get paid as one if you're doing the same job they're doing. What I do is I buy houses and rent them out. That actually brings in a lot of income for me monthly. There are ways to getting qualified for a loan without making much of a down payment or any at all. I purchased my first rental with no money down. I was even able to tack my closing costs into my mortgage. I've had a tenant since then so I've never made a payment out of my pocket.

Leo Andre

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