All Forum Posts by: Al Boettger

I am from NJ, and about to set up a RE investment company. Normally would have set up an LLC but heard just last week at my real estate club-as an advertisement hook for our January meeting which will deal on the subject-that 40% of the time the corporate veil is pierced, so it might be better to inc. in Nevada. I am looking for feedback on this, thanks.

Yes I have a real estate license, but I prefer to mainly use it to search the MLS, to then find, buy, fix up, and either sell or hold the homes.

Saw your post on whether or not you choose the wrong career. All I can say is I thought I would make a lot of money quickly and it is just not the case. Between taking folks out to see properties, they then aren't interested or want to go see a lot of them, then you may find out they are not as qualified as they said they were-lesson, you really need to see a pre-qual letter before imparting too much effort, as they think you are paid by the hour, not just when something closes. As for the 20% are scum and lie, you have a choice, if that is not you, then be yourself, act and dress professional, and let folks see you are there to provide a service, not just for the money. As for the "obsolete" comment, yes folks can do a lot of shopping on-line, which makes our life easier, they already know what they want to see when they contact you. You are their means to gain access, and as long as that is the case, there will be a need for agents.  Lastly, as for the 80% burnout, I don't know the numbers, but yes, you can go all-in, put in a lot of effort, have a lot of deals fall thru then say it just doesn't work.  All I can say is that everyone who finally makes it probably went thru the same, they just kept going till they made it.  Best wishes