Unfortunately, real estate investing at that level
Posted By: sm on 2006-09-03
In Reply to: Okay. Where do I begin? I need some advice! My husband is in real estate. sm - New To Penny Pinching
is really only for the already wealthy who can afford to take risks. Sounds like you both got in over your heads. A $700 profit is not real good on four homes, also. There is always lots of money needed for repairs, etc. Unfortunately there's always a catch to these get-rich quick schemes. Good luck to you and your family.
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Because real estate is so soft right now, there are
a lot of home for sale and it's difficult to sell. I would not recommend selling by owner or going through a by owner agent. If the market was hot like it was before it wouldn't be a problem, but right now you need a bulldog real estate agent to represent you. As well, you'll probably want to consider offering some incentive to any third party agents. That's what I had to do. There are so many brand new housing developments out there and the incentives that are being offered are crazy. I had to be competitive because my house was not brand new, but had a ticket price that was about the same as a brand new house. I did sell, but I took about $15,000.00 less than what I had hoped for. The good news for me is that I don't have dual house payments anymore. Good luck!
As a real estate broker, I can tell you...
I have seen a lot of people get into BIG messes when they tried to sell their house without an agent. Believe it or not, agents and their sponsoring brokers DO have a lot of knowledge, most importantly of real estate law, that can save both sellers and buyers many, many headaches. We also know how to get the best price for your home. We can be sure buyers are qualified BEFORE they view your home. Can you imagine what happens when you accept an offer from a prospective buyer who cannot get a mortgage for the amount they need to buy your house??? Your house can be tied up in escrow, and you just wait. Did you know how to protect yourself when you all signed a contract? Did you know how to legally protect yourself? Did you be sure to disclose all that legally must be disclosed? Did you now how to set time limits on every aspect of the sales and closing process? Did you know how to get the best possible title insurance rate? Did you know what should be paid by the buyer and what you should be responsible to pay? When you set the price of your home, did you make sure it will appraise for that amount so the buyer can finance it? There is a lot more, but you get the idea.
I know many people think we don't deserve to make the commissions we do, but I would argue that any day of the week. Yes, I make a lot in real estate, but I also make both buyers and sellers very happy!
Jan<<<~~~Real estate broker and proud of it. 
Also check craigslist.org for real estate
They have some of the Florida cities listed if you are looking around.
I thought about that too. Real estate out here is booming.
I bought my house 2 years ago and the value has gone up almost $200,000. WOW!!
I agree with using a real estate agent...
especially with the market being what it is right now. I will be putting my home on the market in a few weeks. I will want someone who sells homes full time, is a go-getter, has contacts in the field, etc., etc. I think the commission is worth it...especially considering the legal battles that could possibly ensue with the sale of real estate. PLUS, an agent will not deal with FSBO....so that eliminates a LOT of possible buyers right off the bat.
Just my opinion.
Good luck to you.....well, to both of us!!
I hear ya. Who's to blame? Real Estate Developers
I'm rural enough that the only four lane road that goes through our county is the interstate and one other 30 mile road to the big city of 30,000 people.
About 10 years ago, the real estate developers started buying up all the farmland cheap, putting in postage stamp yards and $200,000 homes and up (some cost close to a million now), and our real estate prices and taxes went sky high for the rest of us. Every year, our school district has to raise taxes because they have to keep building the school larger and adding satellite schools.
Who were they targeting? The city folks, calling this a great bedroom community. Well, our 2 lane roads cannot handle all the traffic now. People are driving 60-70 mph on these windy roads. Accidents that were a big deal when they happened now are the norm.
There is no courtesy when driving around here anymore. People don't wave you through an intersection if there is a lot of traffic behind them, and others make a turn right in front of you trying to beat you out. Horns blow for no reason except the light changed a second ago and it took that long for you to take your foot off the brake and put it on the gas pedal.
I hate it. Younge people are moving out. Those that can't move go to another county for work because they can't afford to work here. The taxes have doubled, property values have tripled, wages are still low. Who the heck around here can afford a $200,000 home?
Senior citizens are losing their homes because of the high taxes and this county has one of the highest senior citizen populations in the state.
I could go on and on, but better stop before my blood pressure goes up. Just my 2 cents.
Okay. Where do I begin? I need some advice! My husband is in real estate. sm
He owns 5 houses (rents 4), and just closed on a house on Friday that he needs to "flip" really quick! Basically, it's a 30,000 profit IF he sells it quick! We've never bought a house to flip before, but have purchased them for rental property and to gain the equity. Okay. I'm spoiled. Very spoiled. Or you could call it blessed! We are both Christians with good jobs. I only work part-time and then we live off of his salary and the 700 we make in rent that is extra after paying ALL the mortgages. But we are in a real bind now. We have renters who owe us 2 months of rent, well now 3 months of rent! They won't take our calls, you know the rest of the story! This house that my husband bought on Friday cost us ALL of our cash because we had to put some down and then pay closing costs (close to 4,000!). So now, for the first time, we are broke (NO cash flow whatsoever now). And I'm struggling over here! I mean, we can't even go and get ice cream tonight. I'm really questioning our decision to purchase this house.
See, we had no idea UNTIL closing (honest to God), just how much it was going to cost! So, we couldn't back out of it. We were thinking 2000 on the high end. I completely flipped out when the attorney told us how much we needed to write a check for!!!!
We've gotten a couple of calls on the house, but obviously no takers. My husband went straight from the attorney's office to the house to put up for sale signs in the yard! It's a cute house. We just need someone to buy it ASAP!
So, if you've ever wanted to meet the people on the Carlton Sheets infomercial - here we are!!! yes, we've made a lot of money in real estate, but there are huge, gigantic RISKS! You could go for the gutso (like we did and buy all these houses) and you could lot a lot if it doesn't work out. The loan we got on this new house is a type of loan I've never heard of before. It's just a "quick" loan where you need to pay it back pretty quick in the hopes that you will make the 30,000 in equity that the house did appraise for.
What do you do on a budget? What do you do when you are so broke you can't even buy ice cream for the kids? I want to cry now, even though I know some of you out there have zero sympathy for crazy folks like us...Well, I need some ideas on food. What's cheap to make and cook? I put 30.00 in my SUV last night and that will have to last me until the 15th!
To all of you who struggle every week like this, my heart goes out to you. It truly does. Now I know what it feels like to live in desperate need every day.....
I came from low level neighborhood. I know the effects low level people have on a child's
mind. I fought very hard to get out of there. If you think narrow-minded high-horse thinking people are the only ones who are making trailer park comments, YOU ARE DEAD WRONG. I know white trash people who live for the weekend to get drunk and party and make just enough to get by. I am educated in the "real world" and whether you like it or not, the "real world" doesn't want to be anywhere near a trailer park for real or imagined reasons and does ostracize trailer park people along with ghetto people and section 8 people. Crime, drugs, do come from low income housing. BTW, people are outraged at black-on-black ghetto crime. That does not happen in higher working class black neighborhoods. Same deal with white trash people. Low class white people get drunk fight and end up in jail. If you read the newspaper or watch it on TV over the weekend, you know what I am talking about. Crime, drugs, etc is rarely an ONGOING problem in upper class neighborhoods because most of these people have goals for the future. Lower class neighborhoods and low class people are what they are because that's what the people in the neighborhoods settle for.
Remember, its less about what you are NOT doing and more about what you ARE investing in..
x
Another day of investing wisely in your health and caring for yourself and those
x
Cook it real slow at real low heat; simmer, don't boil.
nm
Level I
After 25 years as a MT and I'm only a Level I? I think not, but with MQ, yes, that's all I've been able to get...
Level I
what's wrong is having 5 accounts to switch back and forth from and running out of work....
I never once said they were on the same level--sm
It is just my personal opinion that killing of any breathing living being is wrong. and since there are different *punishments* for killing a man and killing a beast, a *punishment* is still a *punishment* and I personally prefer not to be *punished* in any context. This life alone has been *punishment* enough. I simply prefer not to be *punished* in the after life for causing harm to another, be it human or animal. I try very hard to live my life by God's laws, which are far more important than any self-serving laws that man can think up. Thanks for bringing this to my attention. Since I am not looking to debate this already dead issue any longer, I will not respond to any more posts concerning it. This was just my opinion and I am entitled to it without having to be criticised for it. Have a great day.
well on that level, i'm with you
100%. I think the vast majority of Americans are frustrated at the loss of jobs and the illegal immigration situation.
It is exp. level....sm
Newbies up until 2 years are MT level 1. I know 2 years and up is level 2 and I am not sure of MT level 3 how much exp that is.
And your educational level is?
and the more I read this board the happier I am that I'm getting out of this business. Too many "bully wannabes" in here with their name-calling and misplaced aggression. If your life sucks so much that you need to get off on "winning your little pretend cyber battle for the day" ROCK ON. I'm going to use my degree and talk to intelligent people in the real world. Have fun!
Entry-Level MTs
Hello to all!
Can anyone give any advice on where I may be able to go and find an entry-level MT position? I greatly appreciate all the responses I hope to receive. Thanks all!
Entry Level MT's
MedQuist hires entry levels with good testing scores. Fax them your resume. Its worth a try. Good luck
High Level 4
I don't know if we're allowed to post it or not on here, but it's very decent for the MT world, plus they supposedly do raises periodically without you having to beg.
and your educational level is?
LOL
It's obvious, my dear. No need to respond but I know you're too angry not to.
Your turn.
Like shooting fish in a barrel.
It would take a new level of destitution, that's for sure
.
Entry level MT's
Hello.................I know all of you are tired of hearing about how hard it is to find a job at entry level. I have two certificates from two separate programs. I have been working for a clinic here where I live part time typing clinic notes. It is only about two hours per day. I found a lady on this site who said she would hire anybody if she could find somebody willing to work. I emailed her and she promised to get me started asap. That was a few months before Christmas and she still hasn't contacted me. Does anybody know how to get started as entry level. I truly need the work. My part time is paying well but two hours a day is not very much. Any help would be appreciated. Thanks.................
I'm in Level Cross, NC
/
Yep, he is from Level Cross
he lives about 1 1/2 miles from my house. See him at the gas station now and again.
Spheris pay to level 3/4
Recently began working for Spheris. After a month in mentoring received half the paycheck expected. Told the offer letter was wrong and there is no training pay. Also told after mentoring if blanks are left for a certain percentage of reports, incentive bonus is taken away. Is all this true? Can anyone respond to what is happening here? These are on ESL accounts. They take away incentive if the docs are not speaking English?
entry level
It is very true, I graduated college in 2004 and I am still looking to find a company that will hire me at the entry level.
No bonus level for IC as far as I know.
I know of no bonus level. On hold they limit how much you are permitted to type. I am just searching for something better. Tired of being bullied for things I did not type.
Depends on your exp level...sm
And whether you think it is a fair offer?
There is a certain level of decency,
and hate to break it to you, but docs make mistakes like everyone else. Everyone has a right to their opinion, such a shame you can't respect others'. Most every normal considerate doctor dictates it right the first time. How would you feel if EVERY report dictated had 2-3 or more corrections in 2-3 separate dictations. Impeding your linecount, impeding your productivity and for what?! Because some overeducated bozo with a sense of entitlement can't make up his/her mind?!
we are on a tier level sm--
for
.10 it is 1600 lpd
.095 it is 1400 lpd
.09 below 1400 ldp
paid every 2 weeks
Entry-level position
Hi, I received my MT diploma in August of 2004 from The Career Development Institute. My average grade was 97%. I was very excited about finding an MT position but soon discovered that I was in a catch-22 situation. I had the training and medical terminology education but no experience. Every advertisement that I found required at least two years of working experience. Is there any advice anyone could give me to get my foot in the door? How do MT's begin working when they are new to the field?
Any info. would be greatly appreciated!
Thanks, Jane L. Creppel
Entry-level Position
Thanks so much! I appreciate the info.
JC
Entry-level position
Thank you. I will contact the school. Hopefully they can help.
Does anyone ever get on a personal level with anyone they work for?
Do you ever get to know the people you work for personally when working for these nationals? Ever have any faces with those QA names? I was just wondering. I find it a little difficult not knowing the people I work for, and I work for a smaller MTSO. They are all nice enough, I suppose, but all business. I can't imagine working for these people for years and not even know what they look like. Is it just me and my curiosity or what??? 
Tip on how to break into entry level...
Could you post the tip? I think I missed it. There's someone else above looking for tips, and it might help her too. Thanks!
IS IT SENSIBLE TO REBUILD NEW ORLEANS BELOW SEA LEVEL
No.
Entry-level jobs
Does anyone know of any companies that hire new graduates?
You have no clue who I am so you don't know my level of peacefulness.
Actually, I am a kind person and considered to be "peaceful". Lennon was "in his time" back when drugs was the thing to do along with peace, love, no war, but it was ok to do every drug imagineable, participate in orgies, the sit ins, not wearing bras. It was a change in time that young people of the time were going through. It doesn't mean John Lennon was some sort of hero.
Is your monitor at direct eye level and sm
is your keyboard on a tray that puts it at an easily reachable level..you don't want to be reaching UP with your arms and looking UP for the monitor. Everything should be at an easy reach.
If I could get the top level salaries at MQ, I would consider it. I have not seen $400K EVER.nm
nm
Being aware of level of concentration
Have learned to be sort of aware of when not really paying attention, rechecking those more carefully. When I'm at my best, just a 10/20 second scroll down page eyeballing it. On the medications/dosages though, I try to get it right the first time/pay attention. Problem area used to be putting off researching something til the end & forgetting, now either do right away or in some cases mark out a bolded section to go back to if waiting for question to become clear later on, so will catch bolded area on 10-second proof scroll.
Entry Level Jobs
Hi everyone! I have a quick question for anyone who has the time to answer. I am looking in to a career in the MT field. I have not started classes yet but I am going to check them out next week. I did a search for MT companies in my area. I noticed that on alot of their websites you had to have so many years experience before you could gain employment with them. If I decide to take classes in medical transcription, how likely is it that I will be able to find employment with someone on an entry level? I have heard from some people that it is nearly impossible to get a job without the experience even if you have certification. Is this true?
Not to me. My MTSO pays me at CMT level and says
my work is better than any CMT she has ever seen. I'm not one of those people who need initials after their name.
multi-level marketing nm
fff
Pay Rate For Entry Level MT
Could someone give me an idea as to what an acceptable pay per line rate would be for an entry level position?
Is there any advice you can give a gal just starting out?
Any help would be greatly appreciated!
Have a great day!
Kymee
Make sure your forehead is level with the top of your
monitor. You should not be looking up or down, just straight on. And try to relax your shoulders. Do not lean forward. Practice simple yoga stretches to elongate your muscles. Transcribing is like playing a sport. You use muscles and they must be stretched to stay limber.
Also, you can increase the size of your font on your screen to avoid having to lean in to see the screen. Try running the Accessibility Wizard under Programs.
the stress level, the extreme pressure on the job
The only thing good out of my years in the industry was I had terrific insurance when I got cancer. The bad was, when I got back to work, the whole atmosphere had changed. They thought I should be ready to take on the world, and I was still with secondary illnesses from the chemoradiation. In fact, even today (3 years later), I still have problems.
Mid-level manager in research and development.
He'd love to give it all up and do something "fun."
Golden handcuffs and three kids in college make that a little hard right now.
I think tier level should be based on the ability
to transcribe jobs assigned to the particular tier. My first job as an MT (I worked in house) required that I do all work types including OP reports. We, of course, did not have tier levels assigned; we were paid hourly. But, we were required to do all work types.
Keep copies of all jobs and when you hit the bonus level,
p
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