If you do not have a signed listing agreement you would be guilty of brokering without a license for sitting on that house.

I just talked to him yesterday and he informed me he was sued for 1.5M...that on top of pleading guilty to a felony.

innocent until proven guilty?

All of NCLC’s volumes include sample pleadings, interrogatories, and other useful documents in appendices.

Either way you do not get to declare guilty or innocent. 

The all powerful Oz city says Defendant is Guilty until proven innocent.

And now that it’s with a collection agency, it’s probably gonna be difficult “pleading your case.”

I fully admit to being guilty of having blinders on and I should have checked the license on the first guy. 

Your degree has nothing to do with REI.Everyone holds on to horror stories about being a landlord or hears the "millions" someone made in real estate in a matter of few years (sometimes BP podcast is guilty of this).But the reality is that REI is a long-term investment strategy for most (buy/hold) that creates wealth and cash flow for years to come but no instant millionaires - not by a longshot.

@Nichole HoweHi Nichole,I was once guilty of falling into the "paralysis by analysis" trap.