Hi All,
I have been wanting to post this for a while now. I started my journey into learning about Real Estate investing in the month of April 2018. I Binge-watched(rather binge-listened) to most, if not all of the B...

In warm belt states in strong areas some can get re-tenanted in 6 months to 1 year. in the mean time they throw a party city in there, Halloween store, Christmas store, etc. to try and bring in enough rent to cover overhead and property taxes until they land a long term tenant.I cater more toward the high net worth to ultra high net worth individual investor that buys retail.

Then Christmas and New Years hit and it felt a bit like everything sort of went on hold.

He told me he had a deal worked out for but I needed to send a year of home insurance to him which happened to be a week before Christmas.

I think 200 is okay as long as it wasnt Christmas.

Buyer Rebates ARE NOT legal in all states just some.http://www.justice.gov/atr/public/real_estate/rebates_details.htmFor more detailed info on each state:http://www.justice.gov/atr/public/real_estate/states.htmAlso the agent does not have the authorization in most states to rebate a commission.In some states there are only brokers or broker associates but in a majority of states you have a principal broker,associate brokers,and agents.The commission belongs to the brokerage and any agreement on rebates has to go through the brokerage and not the agent.A few reasons:1.The commission structure will be spelled out in the independant contractor agreement the agent has with the brokerage.Example commission is 2.5% and you the agent are on a 50/50 split.You want to rebate 1% to the buyer.If the broker allows this the 1% will come off of your total.Example: 1.25% to the head broker,and Merry Christmas after your 1% back to the buyer a whopping .25% to you the agent on the deal minus franchise fees and desk fees of course if any.2.The broker might not allow you to rebate even if legal as they do not want it to affect the other agents or they might allow you to rebate but not advertise it.So agents need to understand the brokers who own the company have the say and the agents are just authorized to work on behalf of the broker.This is the way it is in most states but not all.

When you use a shirt box from a Christmas gift to mail your property taxes in before the end of the year!

Rich - This is going to be 2 days, though if we can pull it off, we're likely to have some kind of evening activity the night of the 22nd --once we work out the details, I'll be sure to share.I want to be able to have as much info available by Christmas time so people can buy their spouses the best gift possible this year -- a ticket to the BiggerPockets Summit!

Save the trophy and give me a walmart gift card...I look at my RE license as a tool..

My way of saying Merry Christmas.