All Forum Posts by: Joe Calderon

How often a day do you communicate to strangers that you're a real estate investor?

"Section 8 of RESPA prohibits anyone from giving or accepting a fee, kickback or anything of value in exchange for referrals of settlement service business involving a federally related mortgage loan. In addition, RESPA prohibits fee splitting and receiving unearned fees for services not actually performed."

When they mean anyone, I'm guessing agents as well. But there's a website (http://www.realtor.com/news/ask-a-realtor/to-what-unlicensed-third-parties-are-licensees-allowed-to-pay-commission/) that states that brokers and licensed realtors may actually charge referral fees. Who is right?

After reviewing the testimonials on their website, I deemed them fake because the same testimonial was used in two of their agents' websites under different names. I hate when things are too good to be true. But it puts things in perspective.

Okay, I'll update this thread tomorrow.

I found online an application for a 3-month unpaid internship. I definitely want to work here because I know I can sell for this broker. This broker has 28 associates working for him. What's given to me is one-on-one coaching. Also, a reimbursement is given if I decide to get my license, which I want to do because I want to eventually invest. What better source is there than working as an agent, seeing what goes on behind the scenes?

I do not want to look like someone who is waiting for that response by applying online. I'd rather go in the office tomorrow, in a suit and let the broker know I want to work as an unpaid intern and that "I'll do difficult, time-consuming work so you're able to concentrate on more revenue-related pursuits" and "I just have to be taught it, and I'm intuitive. But I will still ask questions whenever I have trouble understanding something". 

I am not able to print the resume and cover letter due to a lack of a printer, but it's on Google docs. My question boils down to: should I go into the office without any prior knowledgI found online an application for a 3-month unpaid internship. I definitely want to work here because I know I can sell for this broker. This broker has 20 associates working for him. What's given to me is one-on-one coaching. Also, a reimbursement is given if I decide to get my license, which I want to do because I want to eventually invest. What better source is there than working as an agent, seeing what goes on behind the scenes?

My question boils down to: should i just go in as a cold approach to the broker that I'm going to apply as an intern?

@Richard Redding How do you know a tenant has abandoned rental property?

@James Wise http://www.thefastlaneforum.com/community/threads/dont-rent-to-this-guy.58251/

Now this guy comes back with 

"We had conditional leases that included as reasons for immediate termination of lease and surrender of keys: Arrest for felony, arrest for drug charges, DCF intervention , pets (all our properties were no pets allowed) , Failure to pay rent by the 15 of the month , Failure to provide proof of employment ,etc. This is common practice."

I still think this would violate laws, wouldn't it? Especially according to the florida statute, "a complaint must be filed prior to eviction". Now he stated this was in MA, which, according to him, has the most anti-landlord laws in the nation. I countered this with

"Generally, a landlord cannot simply take possession of the rental property, physically remove the tenant or their personal property, or change the locks."

which is part of MA's statute. Not sure if this is still BS.

EDIT: Just realized he mis-represented my argument. An eviction is necessary no matter what, unless the tenant leaves upon his own accord by handing the keys over.

I like Wayne's suggestion. Anyways, I'm looking at the Florida statute and it says the lease shall be from year to year, or etc. The termination of tenancy must be given 3 months notice.

It also states that the removal of tenant must be preceded by a filed complaint. This includes tenants overstaying their lease.

A user from another forum suggested

"Thats what conditional leases are for. All it takes is a few lines of type to make a bulletproof lease. Something along the lines of a year lease converting to a month by month lease in the event of rent over due for 10 days or longer. Cost of removal of property to a storage facility upon day 11 at the renters expense."

What's the drawback on doing this? Wouldn't everyone just do this and avoid evictions completely? Seems too good to be true.