All Forum Posts by: Levi Bennett

I own a property management company with THE BEST resources available for managing residential, commercial and vacation/corporate rentals. I'd love to talk to you if that's what you're looking for. You can see my contact information in my profile. 

Can you own a controlling interest in a real estate company if you're not licensed in NC? 

Assuming you have a BIC in place as a manager/officer of the company, and all transactions are done through the oversight of the BIC. 

I can't find clarification on this anywhere. 

From my previous experience in Florida, the law was that you can own a real estate company if you're NOT licensed, or if you're a Broker. However, licensed sales associated were prohibited by law to have any interest in ownership of a real estate company (because of the conflict of interest, a broker would be subject to the ownership, whom the broker manages). My thinking is that there is probably a similar law here in NC, but I am unable to find it. 

Please help, thank you!

Also not a lawyer.. but my understanding is that you can buy and sell real property to your hearts content without a license if you use your own money. This includes real estate property contracts, and the assignment (and fees associated with them). However, anytime you begin representing real property on behalf of someone else, including solicitation, you're subject to real estate statutes for the state the property is located in. 

I'm trying to find the answer to this right now. I have scouring NC real estate law looking for some clarification. I was licensed in Florida at one point, and I knew that the ONLY person totally disqualified from having ownership in a company that was performing any kind of real estate services governed by the real estate commission was a sales associate. In other words, you can be a BROKER, or totally non-licensed individual, but if you had only a sales associate license, you could not have any interest in the ownership of the company. However, for NC I can not find that written anywhere. 

I would also love to connect with local wholesalers in the area. Would be willing to do a meet up one on one or arrange a time we can all get together. 

Hey guys, I'm looking to find a GC to partner with and begin doing estimates. We have buyers and properties ready to go, I just need some estimates to begin a working relationship with. Once purchases, we'll hire to do all the work. This is for one home to start, and multiple down the road. Does anyone know of any good guys/girls/companies in the area??

Ever find anyone? I'm looking for someone also in the Kissimmee area.

Hey did you ever find anyone that you liked? I would be interested because I'm looking for some GCs to renovate some homes in Kissimmee near Disney, let me know :)

If you're in the Kissimmee area and you like working with real people who will work with you and have a relationship with you, I recommend Fusion Signs, guys name is Rick and he's really nice and reasonable. He'll work with you on a tight schedule or meet you to deliver signs if necessary.

@Rod Witmond.. do you know of which companies are doing this? I'd be curious to see how they're working out. Anything closer to turn-key and put investors at ease (and thus, sell more vacation homes..) the better..