Comments on: Baby Boomers Will Drive Real Estate Growth

By: Bdd

Bdd — Mon, 16 Feb 2009 22:34:35 +0000

Wow! what a great question from a 14 year old. a LLC (Limited Liability Company) is incorporated with the Attorney Generals office in the state it is established in. The best way to do that is to go to an Attorney. A holding company and a Development company may be combined into one, have different division or groups to do the different objectives, or even the same people.

You can never have too much money to start a company, it's the too little that matters. Your best bet is to save as much as possible, write up a business plan, go to friends and family for investment in the company before you start out and hope to have a minimum of $50,000 to $500,000 to start your company. Then you can go to a bank and borrow, usually 2 to 3 times that much more to make your first purchases.

Yes there are Capital gains even for companies to pay with investment properties.

When you are ready, have your board of directors vote to take your company public by registering with the Securities and Exchange commission, with the assistance of a Stock Brokerage Company.

By: Donald W

Donald W — Mon, 16 Feb 2009 06:24:30 +0000

http://myitcareer.info/

By: Ryan 1

Ryan 1 — Mon, 16 Feb 2009 01:49:49 +0000

I am a real estate agent in Australia with my own independent office.

I am not sure what courses are like through franchises, however, here, the courses with regular real estate schools are very good.

When you are looking to find an agency to work for, consider the following:

- do they regularly pay for training for their employees? what kind of training and how frequently?
- does management get regular training and upgrade their knowledge on changes in legislation etc (here we have special annual education to attend to stay in the know)
- what internal systems and procedures do they have that will assist people who are just starting out? for example, a good computer software and training resources in the office for when you get stuck on something.
- is there someone more experienced in the office that can mentor you?

I believe that a franchise is not necessarily the best, often all the training that they attend is in house, and they are not open to external training providers (which can be very beneficial).

You need to look at the individual operator of the office to decide if it will be a good environment to start your career or not.

By: DanielLacayo1

DanielLacayo1 — Sun, 15 Feb 2009 18:35:35 +0000

TURKEY vultures?

By: MarcusCMarcellus

MarcusCMarcellus — Sun, 15 Feb 2009 18:11:36 +0000

It’s too early to buy. After commercial RE downturn gets going and residential ARM loans readjust, then…maybe. But fundamentally, if people are unemployed or underemployed – even assuming serious inflation – RE prices will not “skyrocket.” We just have too many damn residential buildings and too few good jobs, especially in places like FL.

By: ladyvibe03

ladyvibe03 — Sun, 15 Feb 2009 09:37:02 +0000

If you are talking about selling real estate as an agent, then
You can take real estate classes in college or you can go to a real estate school (this is what most agents and brokers do) you will have to take a licensing test from the state.
If you are talking about investing, then there are REITs you can invest in through a stock broker,
If you are talking about investing by flipping (buying and fixing then selling)
you will need to learn about costs of materials, value of real estate in your area, subcontracting for plumbing etc and have time for equity labor.

below is link to kaplan schools, one of the better real estate schools

By: oldcdfan

oldcdfan — Sun, 15 Feb 2009 06:17:02 +0000

I’m a Malaysian myself, and though I am glad to hear about how things are currently in Malaysia, I must say caution is best in times like these.

In any economy, especially during boom times, there’s a tendency for human greed. If people in Malaysia are to avoid the worst in economic downturn, it’s best to avoid that trait exactly.

Buying a condo (high-end or otherwise) may not be too difficult for some. But imagine having to continue paying the mortgage if jobs are suddenly lost.

By: shakidaki

shakidaki — Sun, 15 Feb 2009 01:53:41 +0000

yea it bushes fault and housing market will get fixed as long as republicans dont fuck it up for us demicrats work for all humans not just people of special interest

By: Linda704

Linda704 — Sat, 14 Feb 2009 23:14:10 +0000

Check with your local Howard, Perry & Walston school, or go to http://www.hpwreschool.com for all the info you are looking for. Good luck, it's hard but well worth it in the end.

By: kenyandamu

kenyandamu — Sat, 14 Feb 2009 16:36:33 +0000

The housing industry will never recover and thats the painful truth …

There are millionsof empty houses in California and folks aren’t buying them even though they are way cheaper than a few years ago …