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Well, the contractor's price was ridiculous, retail or more. 380-400 a sq for a roof, 4k to paint the interior of a 1200 swqft house., 2k labor to install a furnace, just nuts, so we pulled the plug.

I’ve never heard of such a thing and don’t see anything online about this. 

The S Corp treats each property as inventory (think retail) and it works out to save me on short term gains. 

Did you ask them if they have online access to the deed and probate records?

Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.

I read a bunch of the guidance online but I can't tell exactly how the property is classified once this has been done.

With buyers having online access to all listings it's pretty much impossible for buyers' agents to ghost a listing.

When I started, these forums, doing research online, and cold calling really helped me find some of the bigger investors in my market. 

With that said I do see plenty of referral fee agreements online but most are for % of listing agents commission rather than this colleague paying me 3% of the sale price.