Archive for April, 2009



How to get a California real estate license?

Thursday 30 April 2009 @ 2:56 pm
real estate
River C asked:

I am thinking of getting a CA real estate license. I have never worked in real estate. I live in the Silicon Valley (bay area) of California. I am looking for a cheap and fast way of getting a license. I prefer taking real classes (instead of online classes). Please tell me who in San Jose area is giving these classes for cheap and when. I have time in June and July to take classes. I want to have my independent license, so that I can decide who I work for after I get the license.




What are the best real estate books to begin with for self-education?

Monday 27 April 2009 @ 8:20 am
real estate
fatcat19139 asked:

I’m looking to change careers into real estate, and have a personal interest in beginning a portfolio of investment properties. What are the best books out there dealing with real estate finance, buying foreclosures, renting properties, flipping, and understanding the general market? Also, what newspapers/magazines do you recommend?




Is real estate a good career to get into?

Friday 24 April 2009 @ 10:39 pm
real estate
No Name asked:

I’m planning on going to college (don’t know what career I’m going for) but I’m wondering if real estate is a good career to get into, if it is a financially stable career, and how hard it is to get into it.




If I claim to be a real estate professional for tax purposes, is my income subject to FICA?

Friday 24 April 2009 @ 6:05 pm
real estate
capn bob asked:

I qualify as a real estate professional for tax purposes. I own and manage over 25 rental properties. I have not claimed that status in the past. I have recently married and my husband has retirement and investment income in excess of the maximum income amount allowed under the passive activity rules. If I make a profit from my investments, am I subject to FICA taxes on that income? Is there a downside to claiming real estate professional status?




How can I place my real estate license on hold or park it?

Tuesday 21 April 2009 @ 2:36 pm
real estate
Jay K asked:

I would like to avoid board fees in Ontario Canada. I am in a home business which is excelling and yet would still like to keep my real estate license for future use. I need a non board member to hold my real estate license who may or may not charge a fee for this real estate license park or parking my real estate licence service.




How do I start real estate brokerage business?

Wednesday 15 April 2009 @ 3:57 am
real estate
pinkplaid610 asked:

I just received the real estate broker license in California, and plan to do brokerage business. I’m not planning to setup a company or hire any agent. I’m thinking about joining Orange County Association of Realtors. Do I really need E&O insurance? What steps am I missing? Any advice will be appreciated.




As a seller of real estate can I back out of the contract during the option period?

Wednesday 15 April 2009 @ 3:09 am
real estate
puppychow asked:

I am selling some real estate and now need to stop the sale. As the seller can I stop the sale? We are in the option period right now.
Thank you for the answers – not what I wanted to hear… when I say option period, the buyer is still deciding if they want to back out or not. I extended the option period for them to think it over some more but now I want to cancel.




How can I become a real estate agent in NC?

Tuesday 14 April 2009 @ 2:51 am
real estate
Linda704 asked:

1. What do I need to do to become a real estate agent in Charlotte, NC?
2. What classes do I need to take?
3. Where can I study to become a real estate agent in Charlotte, NC?
4. What are the requirements?
5. Any other information I need to know about becoming a real estate agent?




How much does a real estate sales associate make a year in San Francisco?

Wednesday 8 April 2009 @ 3:11 pm
real estate
KrisMC asked:

I have a friend who is in the real estate business? I just want to know how much does a real estate sales associate make a year in the city of San Francisco.




Has anyone taken real estate classes in a community college?

Monday 6 April 2009 @ 3:36 pm
real estate
steph16222004 asked:

I am planning to get my California Real Estate License by taking the required classes in a community college. Do they really focus on what will be on the test like a private real estate class would? Do you recommend I take this class?




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