The superstars CAN make a lot of money, but UNLESS they are doing something to KEEP their earnings, they are giving a large portion away.

Otherwise, you'll probably end up as just another buyer that someone on that mega agent's team is working with.Also, be aware that any agent on here who recommends you to another agent in the area is probably hoping for a referral fee or portion of the commission from your first purchase with whatever agent they recommend you too, so do your own research and due diligence on anyone recommended to you. 

It can include water, sewage, gas, electric, and garbage.It requires no capital investment, allows you to recoup a large portion of overall utility expense, and can immediately improve Cash Flow.It can help encourage energy conservation and be a temporary stop gap until you get sub metering.  

Also, is it protocol for me to pay all closing costs or just a portion?

I have received paperwork from the current owner that substantiates a portion of the amount that the agent said the claim was for, but there is still a large amount that is not included in the repair work (I'm not sure what the rest of the money was for).  

(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.As you can see from the above law that act of "wholesaling" would fall under 7 of the 9 legal definitions of acting as a Real Estate Broker.

But if you go back to the previous screen, you'll see a $214.62 "direct levy portion" -- click on that and you'll see additional taxes and/or Mello Roos:An additional $214/year isn't too bad, but some areas of Sacramento county get pretty crazy with these direct levies.  

After I read this portion of book from real estate book I got worry maybe getting a license might have some downside too."

The Houston, Tx. market (in my opinion), is positioned to be one of the first markets to rebound.My view is that it takes three main ingredients for a vital market: Plenty of inventory, qualified buyers, and access to cash.

Surely this is chomping away at a huge portion of your time?