Long hair?

Managing this rehab will give you gray hair!

The home was a wreck when we bought it, smoke yellowed walls, dog hair and feces (yep) on the floor, and loads and loads of junk left behind.

He basically affirmed my philosophy which is to specialize. 

I don't want to split hairs, but I do want to protect each of us and have it stay positive.Thank you! 

GAMLS you have to pay an ongoing fee for instead of when a sale occurs like FMLS.With FMLS you still have to hit yearly minimum brokerage sales numbers or get hit with a big fee.What I learned from that experience is that many agents have a sense of entitlement.I would find that maybe only 20% to 30% of the agents would have a closing that month.So to scale this if I had 100 agents you might have 6,000 to 9,000 a month gross coming in.For that though it is a major headache.Many agents are part-time and rusty or an investor wants to run a hair brained scheme.My favorite is a new agent that just left a 50/50 brokerage that has almost zero training and wants to join my firm.They would want you to train them and spend hours and hours for a 300 trans fee.I am not even mentioning the amount of paperwork you have.Agents not keeping up with education requirements,not paying license fees and getting a lapsed license,getting a suspended license for child support, government loans,etc.Getting IRS orders to take any commission your agent gets and pay to them etc.I now have about 18 agents and haven't taken anymore for over a year.I do way better and make more working my own deals.Paperwork and headaches are less and I don't babysit have to constantly watch agents anymore.I would say it's good to have the brokerage license just don't add any agents unless you keep it small and they agree to a fat commission split for your time invested.If they him and haw kick them to the curb!!

I guess all my BP hairs were standing up for no reason.

Also another tip ... have a letter or something from the owner allowing you to go in the house, just in case the police drives by and see you or an unknown person trying to step into the house.I always gave maintenance people, visitors, etc, my business card and a statement affirming that they were allowed to enter the premises.Believe it or not, they thanked me!

We have a political group where you're more than welcome to get into the political aspects of this situation -- which I believe are very interesting....So, jokes or serious posts affirming political ideology will be removed if they aren't in that group.Thanks.

We need a bigger house, but I don't want uncle Sam on our back.We own 2 profitable hair salons, and most lenders hate self employed borrowers:(