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Updated almost 2 years ago on . Most recent reply

User Stats

104
Posts
25
Votes
Jimmy Rojas
25
Votes |
104
Posts

Want to get into the RE game but the risk is greater

Jimmy Rojas
Posted

I been in the car selling business since 2013, basically  I lease an dealers license from a used car dealer, buy vehicles at dealers (only) auctions where you buy them at trade in value and sell retail, currently i buy cars that are ready to sell, its worth it to me even if i have to pay a couple hundred more, get em detailed and put them for sale at the used car dealers lot, once the car sells, i just pay my fees + sales man commission and get my check.

My impression of RE is that there is way to much risk compared to what im currently doing,  you have to get approved for a home, unless you want to pay high dollar you have to get a fixer upper, appraise the home prior to buying (if dont purchase , lots $),have a reliable crew that will not rip you off and complete in time agreed, ect,ect.ect

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