24 July 2018 | 3 replies
No, it can't. 1) You don't have a principal interest in it. 2) If you found a buyer without having a principal interest in the property you couldn't close anyway - you would be committing fraud 3) The real estate agent would have to have their fees paid if they agreed to this type of thing, and most states prohibit you interfering, they could lose their license and be fined, you'd still have to pay the commission to make things work even if the agent was willing to risk it. 4) It is highly unlikely a reputable real estate agent would allow you to cut in on their deal.Take a look at this post to get an idea of whyhttps://www.biggerpockets.com/forums/93-wholesalin...

19 February 2019 | 8 replies
.• Salary• Wages• Tips• Professional fees• Commissions• Bonuses received as a result of working or performing services• Taxable alimony received under a divorce decree or separate maintenance agreement• Nontaxable combat pay to combat zone personnel• Differential wage payments (wages paid by employers for employees who are on military active duty)• Certain net earnings from self-employment (after deducting one-half of self-employment taxes andretirement plan contributions)NOTE: The Tax Cuts and Jobs Act of 2017, passed in late December 2017, eliminates alimony as eligible compensation for any divorce or separation instrument executed after December 31, 2018.

22 February 2019 | 18 replies
With low equity from a 100% leveraged property I would imagine the 5-6% commission from an agent is where the thousands come from.

24 September 2019 | 14 replies
As a new agent, you'll be assigned a Mentor who overseas your 1st 3 transactions and shares in your commission.

22 December 2018 | 2 replies
The two people from the real estate commission did everything they could to make it sound illegal but they couldn't come right out and say it.

26 March 2019 | 6 replies
Wholesaling is seen more as a net listing and that's not seen favorable to the OH commission.

3 April 2019 | 6 replies
As a wholesaler, you can not hire a listing broker, but you could offer a broker commission based off of the sales prices and it would come directly out of your profit margin.

19 August 2019 | 3 replies
Probably 2/3 of it will not apply to you.Paystubs covering the most recent 30 Days If you receive Bonus/OT/Commission income – we will need the very last paystub of 2018 & 2017 which breaks down the YTD income into separate categories.

26 September 2019 | 17 replies
Do you find that finding deals from wholesalers is worth paying their (sometimes exorbitant) commissions just to easier access to deals?

8 April 2018 | 3 replies
Would it be okay/legal/ethical to offer a buyer or seller a piece of the referral commission?