Question : Advice on getting started as a Real estate investor/owner?
I have some experience in real estate in property management leasing and administrative. However, I am looking to start my own business and have been reading investing books etc., I am about to incorporate my business and working on my business plan. I want to start the business in Cleveland Ohio but would like to eventually expand nationally. My biggest fear is the financing aspect, if I am incorporated then my personal credit does not have to be considered or does it? Also, I hear about investors starting with no money down. I would like to start this business on the right foot and want to avoid all the gimmicks like those over priced RE workshops. I would also like to network with people in Cleveland. I would like to hear responses from those who are in the real estate business. Thanks!
property management business plan

Best answer:

Answer by Tanya G
As a person working in Real Estate and Mortgages, I know that when you apply to be a broker under your company name, they will use the applicants credit to consider if your company will be good for them to work with. You have to understand that as you are a new business, they have nothing to go on beside your personal credit.