Become A Loan Broker In 3 Steps The first step in becoming a State Licensed Loan Broker is to complete a 20 Hour Course. The second step is to take a Test-Prep Course and then study hard. Third, pass the 125 question National Exam. Pass an Honesty Test, etc. and you can start making loans. […]
Three Easy Steps To Become A Notary, And They Are Easy
Would You Like To Become A Notary? You might. Many ways to use that as a promotion, special service to clients, extra money by doc signing, prestige of being recognized by The State of California as an honest, bondable and capable person. Step #1– You Must Complete A Six Hour Course To Become A Notary […]
Nuances On Getting A Real Estate Brokers License
There Is Much Confusion Among Students When The Question Of How To Get A Broker’s License Is Asked There are some basic rules, but there are then some little known rules. The general rule is that you must complete 8 college courses to qualify to take the Brokers exam. Most recent Salespersons have completed […]
Starting In Real Estate
In Class Recently Someone asked me how I started my own company in Real Estate as if my ideas would be helpful. I can tell you what I did but with no guarantees. I Was Director Of Property Management For The Forest E. Olson Co. In Van Nuys When I decided to change to selling […]
Hi Ho, Silver Away
Channel Surfing The Other Day I Came Across Some Old, Old Black & White Western Movies They reminded me of a neighbor of mine in Calabasas Park from 1975 – 1984. His name, Clayton Moore. We both loved Jacuzzi’s at 110 degrees so we talked a lot. Yes, he played the Lone Ranger for many […]
Confusing These Rules Can Cost You
A Parent Has Owned A Home For A Long Time And their purchase price plus improvements is much less than a current sales price. A broker called me to tell me that they had a problem. “To avoid probate, the mother had put the daughter on title as a joint tenant. Upon death the daughter […]
Getting A MLO License, DRE Sales Or Brokers License, Or A Notary Commission; WE DO THEM ALL
Becoming A Real Estate Salesperson: You need to complete three qualification courses; Principles, Practices, and an elective. These courses should be taken by home study (either hard copy or online reading). It is just about impossible to find any company doing them LIVE, and to do so would take 135 hours of classroom time. These […]
Dining And Wining
There Have Been Many Discussions About entertainment and meals deductions under the Tax Cuts and Jobs Act. The answer is different for each. A reference that you might check is IRS Notice 2018-76. Put that in your browser and you have your answers. My understanding is that deductions for entertainment, amusement, or recreation are kaput, […]
CFPB Update
Kathy Kraninger Is The New Director Of The 1,500 Employee Agency She was confirmed by a vote of 50-49 in the Senate and replaces the controversial Acting Director Mick Mulvaney. He was her boss at the Office of Management and Budget. Who Is She? Republicans say that she has been an outstanding government employee for […]
The Cycle Of Real Estate Life
The Last Few Years We Have Been Hearing The Old Refrain, “We Need Inventory” Now, I am hearing the old refrain, “We have too much Inventory”. This Means That What Goes Up, Will Come Down What comes around, goes around; stay long enough in one spot and you will see history repeated. Self-important pundits, prognosticators, […]