Hey Guys and Girls,I started tracking real estate leads with a legal pad and soon graduated to stick notes:) My desk looked like a crime scene.

My only current debt is the mortgage on my condo and two small car payments.The local market is so inflated I'm not sure if I would be able to make any profit here.  

PROs:Adds a level of professionalismAccess to MLSNetworking with other agentsAccess to resources of TREC, TAR, NAR, SABOR, & other groupsListing your owner propertiesAbility to earn commissions (or given them up in order to get a deal)Ongoing education that keeps you at the forefront of the market, legal issues, & trendsCONs:More liability (assume professional liability)Some people just don't like RE agentsRealtor - often considered the last bastion of hope for people who have failed to launch a  successful career in anything else.Dues, Fees, Insurance, Expenses in GeneralSubject to rules and laws that don't apply to non-realtorsHaving to work with TREC (they are just very slow and cumbersome to work with)For me, I find it worth it to be a professional in my field.  

@David Dachtera  first course of action is to simply and I say very simply.. go to the county or city .. talk with the planning department.. and make sure the lots were recorded as final plats.. and are legal lots of record. just because utls are in does not mean the plat was recorded.then see if there are any other red flags.. then go to public works ask the same questions.then go to the building department and make sure they don't have them flagged.

Hello everyone,Can anyone in the metro Detroit or/ Detroit area recommend someone that is savy and knowledgable in legal advice, entities, real estate questions as an attorney but need them to be professional!

A yellow letter is supposed to present a sense of personalization as if someone wrote a letter from a legal pad of paper.  

Does anyone know if forming a partnership with a homeowner who's in foreclosure legal?

We need an attorney and title company in northern FL who knows how to handle the transfer of title and legalities there.  

We are financing these with both personal funds and mostly private debt investors.  

However, an IRA can partner with disqualify partiey to invest in real estate provided certain rules are followed such as not using debt financing and the property may not be used by either party.