All Forum Posts by: Jeremy James Hartman
Jeremy James Hartman has started 8 posts and replied 37 times.
Post: Obtaining An Agent's License
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Originally posted by @Joaquin Camarasa:
@Jeremy James Hartman You can finish the online classes in two months, going relatively slow, a bit more if you are really busy. After that, the tests are not hard at all. I guess it might depend on the state but is definitely doable.
The one thing you need to really know is all the fees involved as an agent.
I will highlight some:
Online course - I believe I paid $300
Test - $60 if you fail, $60 again.
Processing your license - Around 300$
Realtor association - Around $800 a year (if you decide to be part of it)
Marketing costs - Depends on you
Brokerage monthly fee - some brokerages out there have it, not mine.
All of this is based in the state of Virginia, It is been a while since I paid all the fees so the numbers above are all estimates.
And I might be forgetting something.. if I come up with anything I will add it 👍🏽
Thank you for the info. The fees are going to be the biggest thing i think, but still not a problem.
Post: Obtaining An Agent's License
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
I'm From Nebraska I Just bought a live in flip / house hack. I'm interested in a career in real estate and I was interested in other's experiences in obtaining their licenses to become an agent. How difficult is it? I have custody of my four kids and am working fulltime + in construction. Thoughts?
Post: Im finally getting started doing what I've been dreaming of for y
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Originally posted by @Evan Polaski:
@Jeremy James Hartman Congrats!! If you are like me, you just need to trust your initial instincts when you start second guessing what you have just done. 😁
Thank You!
I haven't done much second guessing. You can understand why with these numbers.
Purchased for $175,000.00, I'm so pumped! I'm ready to buy as many as I can, as fast as I can.
$2,250.00MONTHLY INCOME,$1,410.26MONTHLY EXPENSES,$839.74MONTHLY CASHFLOW,
8.60%PRO FORMA CAP,$19,350.00NOI,$27,750.00TOTAL CASH NEEDED,36.31%CASH ON CASH ROI,
11.06%PURCHASE CAP RATE
Post: Killer deal..... I think!
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Looks like a deal to me. Here's the numbers on a 2 for 1 I bought. Congrats Man! I was easy on the income side though. I could get up to $3,000 a month.
$175,000.00 PURCHASE PRICE
$2,250.00 MONTHLY INCOME
$1,410.26 MONTHLY EXPENSES
$839.74 MONTHLY CASHFLOW
8.60% PRO FORMA CAP
$19,350.00 NOI
$27,750.00 TOTAL CASH NEEDED
36.31% CASH ON CASH ROI
11.06% PURCHASE CAP RATE
Post: BEWARE WHEN SHOWING PROPERTY!! ARKANSAS AGENT MISSING!
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
An agent had a gun on her when someone tried this. boy had second thoughts when she pulled it out.
Post: My first property I bought to turn into 3 units.
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hastings.
Purchase price: $175,000
Cash invested: $2,500
2 for 1.
What made you interested in investing in this type of deal?
Future rental opportunity.
How did you find this deal and how did you negotiate it?
Listed on the mls.
How did you finance this deal?
FHA. First time home buyer with part of the closing costs and down payment in a second loan.
Post: How can I get my land cleared of timber w/o paying a fortune?
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Originally posted by @Faye Carroll:
It's on commercial zoned land between 2 mobile home parks in Stafford Co. VA; not going to get arrested for it.
ya. fire is not an option then. we do controlled burns here in nebraska to get rid of thick brush.
Post: 10 WAYS TO BUY AN INVESTMENT PROPERTY WITH NO MONEY DOWN
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Originally posted by @Dale Osborn:
How many of these have you actually done a deal with?
i only put 2500 into 175000 loan. possible to do it for less too but im in a hurry and had the money.
Post: How can I get my land cleared of timber w/o paying a fortune?
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
this thing called fire.
Post: Im finally getting started doing what I've been dreaming of for y
- Rental Property Investor
- Hastings, NE
- Posts 38
- Votes 11
Originally posted by @Evan Polaski:
@Jeremy James Hartman Congrats!! If you are like me, you just need to trust your initial instincts when you start second guessing what you have just done. 😁
Yes. I Just did it. I knew it was a good deal. i paid higher but got him to do repairs so that i wouldn't have to out of pocket. ill only have 2,500 of my money into it. like 44% ROI.