Kelly I looked at recruiting agent for my firm years ago.At one point I did an active campaign and had about 45 agents at my firm at one time.I have found most agents feel entitled or won't follow the steps you tell them to be successful.They will skip some steps because they are lazy and want to "get rich quick" like the rest of the population which is why so many fail.If I add an agent say on a 70/30 split then I have to take time from my own deals where I make 100 percent to make 30 with them.The training and getting over their mindset takes so much more time than me doing my own deals.This is why I have only 7 agents right now.I got rid of the rest.Many companies try the 100 percent model but you get either new agents having no experience,part-time agents who are rusty,child support demands,irs tax liens,license lapses for education and or non-payment of dues etc.It is a huge headache to keep up with for a low return.If you go the other route you can train new agents for a fat split before they leave the business or train a select few agents that you want to feed leads to on your team.I just focus now on my own investment purchases and my own commercial listings.

You win as I'm short and WAS extremely fat.

I've also looked into Gene Towbridges stuff, which looks comprehensive, but when I talked to him on the phone, I didn't get the impression that he was that interested in it anymore himself.

Conceivably you could use a reputable turnkey (yes, we're all sick of this term) company, but you'll pay their fat markup (probably 20-30%) and won't get yields above 8-9%.I will say that once your team is in place, the incremental effort on each new deal is dramatically minimized, as would be expected.

Joel Block has a bi-annual symposium you may consider attending and others like Gene Trowbridge also give multi-day courses on this.

You can also do this once you have fat cash with larger properties to like apt buildings.

On my flips Im screwed having to pay fat taxes.

Fat bank there over 500 per hour.

Maybe a more prudent plan would to just pile up cash then refinance showing banker your fat cash balance at end of 3 years instead.

Hi Guys,Happy Fat Tuesday.Quick question for you--my husband and I are one 1.5 months of wholesaling.