All Forum Posts by: Cathy M.

Extremely happy with your article on contract for deed. I live in Oklahoma and want to do contract for deed on a few of the houses I buy. I would like to hear from anyone from Oklahoma who has experience with contract for deed.

I'm in the state of Oklahoma, anyone out there get in trouble using the word realty in business name and not be a licensed real estate agent?

I'm wanting to start an LLC. The name I picked out has the word realty in it. I am not a licensed realtor. People are telling me I would get in trouble with the state real estate commission if I use the word realty or real estate in my business name. How in the world am I supposed to let people know what kind of business I have if the name does not imply I deal in real estate.

Would I in fact get in trouble with the state real estate commission if I use the word "realty" in my business? Isn't a business name supposed to let people know what kind of business you are?

Thanks

I'm in Oklahoma City. I joined a local Real Estate Investment Association, its good for learning and networking, I love going to our REIA. They even offer classes to teach you on things you would like to know about.

Hi my name is Cathy Modena, I'm a wholesaler / investor. I'm semi retired, I put more details about myself in my profile if you'd like to know more about me. I've always known real estate could enable you to be your own boss.  Hubby and I together have owned a couple of rentals, sold a few properties that we've bought and even built our own house where we live now.  We've always been modest in our real estate endeavors and always used the more conventional methods of financing. I want to expand our experience.  I want more financial security, be able to make more improvements on our home. Own enough rentals to have a minimum of $10,000.00 positive cash flow after all obligations are met.  If there is anyone out there willing to share their experience, how they financed their deals and who they used to get financing from, and how they calculated expenses to see if a potential deal is in fact a deal. I'm all ears, I want to absorb and learn and learn and learn.  I want more financial freedom.

If you can't find a buyer, your price may be too high.  Try renegotiating the original contract and get a lower price.