All Forum Posts by: Harrison Sharp

great way to get sued... really the only workaround is the set up an LLC where you own a piece of it but someone else is running the wholesale operation and you contribute cash and advice in certain scenarios. I'm sure there is still risk is that too.

1 Vote

Orlando, Florida

Being a part time agent is hard. You need to treat it like a full time job in order to actually make it sustainable and make continual money on it.

It is definitely possible but you have to be willing to GRIND for multiple years, i got my license and did it part time for 9 months while i was working a full time CPA/Finance job that required min 50 hours a week. It was tough but so worth it in the end.

0 Votes

Los Angeles County, California

Quote from @Vashist D.:

I’m trying to become an agent in the future because of my leverage from knowledge and pure passion for the industry. I keep talking to people like my family and friends about becoming a top producer, but I keep hearing the same comments. Technology in the next 10-50 years will make real estate jobs and agents useless. So would it be worth it to listen to them or take the chance and go for it. None of them actually know much about real estate agents and the industry, so I came to bigger pockets for actual advice. Would it be worth it to work to become a top producing real estate agent or lead a company/business, or just get a degree then job that pays decent-good and invest. I don’t want to live paycheck to paycheck, so what should I do to get into real estate and make good money early? I just want the reassurance that I’m not making a mistake by not going to traditional college and instead takin a more passionate route.

I'll be senile in 50 years...

To answer your question people have always thought this. Its not as easy as it looks to replace agents just ask Opendoor. I have been an agent for the last 2.5 years and have made around 3x more in those 2.5 years than the first 6 years of my working career combined. Worth it? 100%. I also love what I do and am able to help other people build up their net worth.

0 Votes

Quote from @Denver McClure:

Hey @Dimetrius Anderson, I would absolutely recommend @Harrison Sharp as your go to Agent in this market. You'll want people on your team that have personally invested in real estate and have the experience to back it up. Harrison has that knowledge and can give you the support you need.

really appreciate it!

0 Votes

Dallas, Texas

Quote from @Dimetrius Anderson:

Good Morning! I am a new investor starting in the DFW market and looking to build my dream team! Currently have very little connections in the real estate space and would love to begin networking as soon as possible. If you are the person or have recommendations, I am looking for the following professionals:

- Agent/Investor

- General Contractors

- Hard Money Lenders / Private Money Lenders

- Escrow Officer

Agent and investor here! I’ve got connections to everything you need. Closed around 25m this year already in sales and work with a ton of investors.

Shoot me a DM and would love to hop on a call and connect

1 Vote

Dallas, Texas

Quote from @Josie Sandoval:

Hi,

What is the general rule for commissions on a rental for realtor? I am understanding that the brokerage gets 100% of first months rent. . Apparently 50% is for my broker and the other 50% is for agent whom found the tenant.

Please any insight is appreciated.

Josie

This is very common and typically what I charge. I don't really do rentals though, you can probably find agents who do it cheaper. You get what you pay for though.

0 Votes

If you are looking for duplexes in DFW at that price point there is a very high chance they're going to be in the hood. If they aren't in the hood, they are going to be very distressed and you are going to need to plan to do some rehab. Sub 275k just doesn't go very far here anymore with the price increases we have seen the last few years. Even if you go way out and try and house hack a single family, you probably won't have the same tenant demand and best case you can hope for is a 4 bed, 2 bath.

1 Vote

Dallas, Texas

Quote from @Ashley Jones:

Hi BP,

Any recommendations for an experienced multi-family agent in the DFW area? I'm looking to purchase my first home (Fourplex) using an FHA loan.

Hi Ashley - I’m an agent in DFW and own a bunch of rentals. Have also closed almost 25m in sales this year and help a ton of new investors! Would love to connect

0 Votes

Arlington, Texas

Quote from @Nathan Stone:

Hi there,

Myself and a few partners are considering an investment with Homeroom (livehomeroom.com). For those of you that don't know, they specialize in renting out rooms in a large house individually. This (hopefully) generates more revenue than the home would otherwise attract as a single family home. In return for full service management, Homeroom take 15% off the revenue.

I'd love to hear if anyone has worked with the company before and how their experience has been. Because of the uniqueness of the model, it's hard to double check their estimated rent prices, so we're curious if it's worked out for others. Any info you can share would be much appreciated.

Thanks!

Yep. They do a great job, i own one in Arlington.

3 Votes

If you follow through on this you will be very wealthy starting at a young age!

I'm an agent in DFW and own four rentals here as well, if you need any advice or have questions don't hesitate to reach out!

0 Votes

Dallas, Texas

All Forum Posts by: Harrison Sharp

Harrison Sharp has started 22 posts and replied 313 times.

Post: Wholesaling as an EXP agent seems impossible, please help

Post: Should I start as an agent?

Post: Are real estate agents going broke?

Post: Building my Dream Team

Post: Building my Dream Team

Post: Realtor commission for rentals- Texas

Post: Is this even possible ?

Post: Multi family First Time Purchase

Post: Is Homeroom property management any good?

Post: Looking to get into Multi-Family