@Eric E.UBIT only comes into play in an IRA on leveraged real estate and running an active business.

Many are buying properties, doing minimal renovations to keep their crews busy, and selling with small or zero profit margins.Cash buyers are a priority.

We have been in Business since 2000, survived the 2008 collapse.

Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.

One thing I wish I knew starting out was the true overhead of running a RE business it can be pricey if you don't run your numbers right.

Ive tried googling and have seen the business on linked in and other websites.

I strongly recommend consulting with an employment attorney—search for one in the area where the business is operating.

Cities with high crime rates struggle to attract new businesses.

I live in Boston, but I was advised to start my real estate business elsewhere as Boston is very competitive.

A formal business built on this seems overkill as you’re essentially paying someone for a service that already has standard model.If you and the parnter have distinct business tasks/abilities (i.e. not what you would hire an agent or contractor for), such as off-market lead generation, that’s a different discussion.