Question by realreynolds: Can a real estate broker and a lawyer start a real estate company together?
My fiance is considering becoming licensed to sell real estate. I am a first year law student. I have learned a little about real estate transactions and how they work. I understand the roles of both the broker and the attorney, but I’m wondering if my husband-to-be and I will be able to use our skills together to start our own business. Will I have to have a separate practice, or can the real estate lawyer be a part of the broker’s company?
Question by NH: In probate, does real estate the deceased has be sold privately at Fair Market Value?
My brother passed away and left no will. I have just been named administrator of the estate (NH btw). Surviving next in line beneficiaries are my parents. He currently owes more debt (med bills) than the value of his liquid assets and the only main asset of value is his investment property. Since we want to keep it in the family, can i as the administrator purchase it myself and take out a mortgage enough to pay off his debts? I first thought to sell to my parents but they are also the beneficiaries so from that point I think there’s an option to refinance/mortgage the real estate through probate. Is it a conflict of interest? I know it’s my fiduciary duty first in handling of the estate but at the same token seems conflicting?
Question by MP3: How to get start in Real Estate Investing?
I have been doing research about real estate investing and have a few questions about the process. Is the first thing I need a broker, banker, or a seller? Do I need to see mortgage company or can I just take a loan out form the bank? What kind of down payment do you need? Does anyone have any information about tax break, cuts, or property taxes regarding real estate. Any additional information would be helpful, I’m still in a learning phase.
Question by John Kalu: What do I stand to gain by investing in Real Estate?
I have some spare which I want to invest and I was thinking of doing some real estate investing. But I really don’t know what I would stand to benefit from investing in Real Estate.
Question by dfa: Can a job as a commercial Real Estate agent teach you about the other aspects of CRE as well?
My ultimate goal is to become a developer. I thought that starting out as an agent would teach me the ins and outs of the field and (hopefuly) make me enough money to develop something. Is this a realistic approach?
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