To make this simpler to add questions, if a person you were very close to said -"I want to make money in real estate" what questions would you ask them to help guide which area they should pursue first?

There is this concept of "the funnel".

The 580 score is not getting you any price lift.The split payment deal, IMO, you are being a little to generous to this concept.

I like the concept that it creates residual income.How long have you been using this strategy??

You may be able to pull money and feel like you are profiting, then when a major repair comes you will find yourself without the necessary resources.AndrewI will be researching this to get a good grasp of the concept.

Yes, I believe this concept you mention is considered to be a "Cooperative Lease option" which is also called "Wholesaling Lease Options".

The base concept of these folks relies on Sellers leaving some easily obtained yield and/or return on the table to be tapped into.

Sorry, as I was writing that I realized I was saying a lot for a single post.Regardless of the type of deals, though, the concept is the same.

The brokerage is new there so wants to take agents and market share.Discount brokerage concept is nothing new.

For example, if you lease a SFH for 500/month and you sublease the property to another person for 550/month, is this the concept?