I fully understand the fees, and understand that I could start up my own "marketing machine" that would hopefully start to put out some leads after a while.

I am new in RE bussiness, However, after listening to several seminars, I have decided that whole salling will be he most appropriate way for me to start up.

I've always got to and manually start up the 2.8 version. pita

They also owe back payments on child support,taxes to the IRS,education lapse,non-paying of dues.So for 300 a transaction the paperwork I was having to keep up with was ridiculous.I make so much more working my own deals.Also if you own a brokerage you will need to decide if you want to pony up NAR fees or not.Some MLS's are NAR controlled or owned.Luckily in Georgia ours are not controlled by NAR so you don't have to pay NAR to belong to the MLS's.The reason MLS's collect upfront fees is just like agents don't last in the business neither do 90 percent of start up brokerages.The struggling brokerages don't pay their fees and take the money instead.This is where the MLS deposits come in.The MLS here can simply take the deposit and not have to chase down these brokerages in court and time to collect money.Solid Source is a great company but years ago I wanted to run my own ship.Solid was also growing huge at that time and Michele wasn't as accessible so it lost that intimate feel of something special.It grew to her growing the national franchise concept which I don't blame her at all.This is when Ken left to start his own little company as he didn't have the same vision in mind.If you are going to have a bunch of agents you should own the building instead of rent and use the fees to payoff the mortgage.Then if the business loses value over time you can sell off the building for cash.If you rent instead you don't really have much value to sell unless the business is still doing well.

We need to put this together, organzie, and spread the word.One question I have for this start-up is where to form it.

It crashes on start up

So to answer your questions:If you have a start up business, it may not have the income yet, but as long as it is a legitimate business it can adopt a 401k plan.The business must be legitimate activity with the intention of generating profits, not a hobby.

I am looking to start an informal REIA group for RE investors in the Pearland, TX 77584 area. I would like to meet up once a month to network and learn from each other.If you or someone you know would be interested pl...

You could use a Rollover as Business Startup structure to have the IRA capitalize a C Corp that could be used to flip houses.  

I invest in Columbus RE, huge growth to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups).