Real Estate Consulting

[Akshay Bhaskaran]

Hello everyone,

My wife is a licensed real estate agent in Texas and she is under a brokerage. I am an Investor in RE doing single-family residences (Turnkey, and BRRR). We both are into real estate for the past couple years, and she's closed some deals for her clients. We were thinking about starting a Real Estate Consulting in a very small scale.

We are doing this already for her clients where she finds properties and deals, negotiates with the seller/builder (if new construction), and helps them get a good offer. From my part, I analyze the property's location, neighborhood growth, appreciation factor, the average rents using some paid tools, and crunch some numbers for them to let them know the CoC return, cash flow, and more etc. If they want an off-market property, I even built a BRRR calculator that they're using to feed-in the numbers from the 'B'uy all the way up to the final 'R'efinance part.

Since we are doing this already for our clients, is there a probability that we could do this officially and legally? We have an LLC registered but haven't had much activity in it, so I was always thinking of starting a small-scale Real Estate Consulting where we could offer the afore-mentioned services for a minimal fee. (Definitely not 4-digit-$$)

Need your honest thoughts and inputs on this :)