Most consumers don't have enough education to know how to investigate and find quality agents, which is why our profession has such a poor reputation.

It will still count in her debt ratio on a consumer loan, but not on a mortgage with the new lender.

We've gone the full property manager route and didn't regret it because we've been lucky enough to have decent PM companies; however, we have found we can do this ourselves and it isn't time consuming or difficult.

You also need to factor in that it's a duplex, and according to Zillow's Consumer Housing Report, only about 8% of renters prefer a duplex, so it is even more important to make sure it's priced correctly. 

Its the regular consumer that buys/sells a handful, at most, homes in their lifetime.

JUMP IN. do not make my mistake and consume too much content or videos or podcasts.

Prior to Flip System, I started out of state investing in one market by myself, and while I was able to acquire houses successfully, the process of researching and vetting my teams was incredibly time-consuming.

While dodd frank may not apply, you still have to follow many consumer finance laws, such as making sure the borrower has the ability to repay, sending them proper statements, tax forms, escrow anaylsis etc.

It’s possible I did a poor job of explaining this, this isn’t really a service for investors per se’ in fact I would probably in an ideal enjoy doing this more for primary home buyers, this to me is an alternative to the 2.5% commission model, you cut out the most time consuming and often in my opinion least valuable part of the job which is showing people around and opening cabinets and seeing if they are soft close or not lol (I presume in this new world there will be more open house, more showings by listing agents, possibly more services that allow buyers to show themselves houses like the Redfin does on some of its listing) because of that plus the guarantee of getting at least something for your time allows you to theoretically charge much less while still providing the important parts of the job, like you should consider this area, let’s go over this home inspection repost, here’s how we should craft an offer etc, even spending time explaining rent vs buy calculation and personal finance etc, plus the being able to be paid regardless of your advice, I’ve had countless clients who has just a myriad of bad ideas I’ve talked out of, but of course you don’t get paid for that in this commission structure.

Chat with some friends or coworkers who've been in your shoes.