All Forum Posts by: Timothy Gordon

Hi all, I’m new to real estate investing. I might have the possibility of partnering with a local acquaintance of mine, to structure a part commercial, part residential project. My main interest, in this discussion, would be whether or not it would be advantageous of me to have my real estate license, or if it would be better to not have it. I’m very confused about the legality of property management, as far as if I have an ownership interest, vs no ownership interest, etc. I’ve heard that non licensed investors have some advantages over licensed, and vise-versa, depending on the perspective. I would be overseeing the project, my partner would bring expertise and financial backing, and it would be a learning partnership exercise for me. I’m just wondering what I need to think about when structuring the deal, etc. Feel free to ask more questions. Thank you in advance :-)

Hi all! I just passed my broker’s exam. Just wondering the best way to pick out a brokerage, best way to start out, any advice?

I ran across the company Club Wealth in Sumner, WA while looking for work recently. Does anyone have any knowledge of the company or it’s dealings? I’m just curious what the BP community thinks

Thanks everyone, I think I agree. I might focus on getting my re license. I feel like that’s a great education and way into the industry. I have an opportunity coming that would make this possible.

I’ve been kicking the idea around about going back to school. Does anyone have any opinions on whether or not a BA in business management would help a real estate career?

Hi @Aaron Nelson! My eventual goal is to own large multifamily for passive income. As for the exact route to that goal, I am not sure yet. I understand that they all take much time and effort to accomplish successfully. As far as my experience level, I have been a mechanic in the railroad and equipment industries for my entire adult life, so I am very mechanically inclined. As far as house repairs, I have done basic window and door moulding/trim, light plumbing and electrical, nothing too extensive. I am also open to the property management end of things, as this would be a skill that would come in handy for large multifamily operations. I'm still a tire kicker at this point, but I would like to be able to take some kind of actual physical step towards my real estate career soon. Now that my career is at a possible turning point, I am interested in exploring my opportunities to work in a real-estate related field. 

Hi everyone! I am finding myself in a situation with my current non-real-estate related career, where I might need to move on from my current job. I'm wondering, if there are any ways to start out as an employee for a company that would give me great investor-related knowledge and experience, to help start my real estate career? I know one can always become an agent, but sometimes that can take a while to establish and become a steady source of income. I'm looking for something immediate, that could be beneficial for the long-term investment minded individual. I'm in Puyallup, WA and would appreciate any insight or thoughts. 

Thank you in advance!

Tim

Any American real estate investors have any experience investing in Canadian real estate? Just curious if there are any laws that get in the way of that. Thanks!

Tim