I've been a member  of biggerpockets for about 5 years and have studied full time learning alot there, reading books, because I had a few years to do that 7 days a week because of the medical problems I had.That being said let me inform you that wholesaling is harder than it looks, it has much competition, and you have to learn how to tell lies or keep things to yourself so the Owner does not know what you are really doing. 

For the 20-30% you give to a broker as an agent, it makes no sense to me to take on all the legal, procedural and reporting requirements, let alone add’l liability  of being a broker.

Hello everyone, Hopefully this is a ok place to post this.My husband got medically retired from the service and we moved to Florida in March 2017.

Before my bad medical problems that made me bedridden about 7 years ago, I was the proud owner of a flooring sales and installation business and was into construction management before the ownership for about 35 years.  

Along with that, my thought was a side note agreement to pay say $500 per month for 10 years which would really help with their medical bills.  

Lots of medical students need rental property in northeast. 

Right now I do not do work anywhere because of my medical problems. 

Also, I have found it challenging (depending on the tenant) that the payment of rent and requests for repair calls may be confusing for the tenant depending upon new procedures.

Is this normal procedure?”

One thing to go along with offers with expirations that Charlie has mentioned...in MA they are standing operating procedure.