Quote from @Nicholas L.: @Whitney LaresI have to ask. 

To clear 1 Million on a deal you'd need to find a deal spread of 2 million because after closing fees, agent fees, and taxes you get half the spread.To find a deal with a 2 million spread it have to look something like Purchase 2 millionRehab 750kARV 4.75 MillionYou''l clear one million after closing on the sale of finished product but you'll need to be at least 1 million liquid to get the deal done.

Quote from @Nicholas L.: @James Bauschi'd never beat someone up for this. 

Quote from @Nicholas L.: @Vy Lewelcome. i'd read this:https://www.biggerpockets.com/forums/48/topics/1159104-overl...it's gotten especially challenging to invest OOS with prices AND interest rates both so high. 

I could be wrong, I honestly think this is such a systemic change that it’s hard to predict the ripples, but I find it extraordinary hard to believe this doesn’t lead to a substantial reduction in commissions, I’m literally taking with a client in an hour, I like the guy, I suspect he may be a repeat customer and I’m not gonna take any chance I lose him over a few dollars, so I’ll negotiate with him, I suspect other agents will take the same approach, especially given the real risk buyers just walk and go unrepresented, whether that’s a good idea or not l, it will happen.

I notice @George L. was going to be charged $5k to set up 2 LLCs. 

Quote from @Nicholas L.: @Maria Moyathere's a lot in your post... let's completely forget about "getting into real estate" for a second, and try something different. 

@Pat L., you have a big heart : )

Quote from @Nicholas L.: If good tenant keep same @Nicholas L. so far so good so I'd prefer to keep them, but don't want to set a precedent decreasing rent unless there's a very good reason.

Am I violating any L/T laws by answering this way?