Experienced rehabbers will normally have set percentages or profit margins that they work off of (i.e. 70% of ARV minus repairs) which are fairly conservative to guarantee that they make money.Your best customers will probably be investors that are buying for long term hold strategies (i.e. rentals, owc's, lease options, etc.).

Even if you had a strict no pets policy, you would still be required to allow a tenant to have a service animal.Covered under the fair housing act:http://www.hud.gov/offices/fheo/FHLaws/yourrights.cfmmentioned about half way down.

After all expenses are taken out, what would be a fair split of profits?

Now fair or not, and no offense to any workers no matter what they do, I think you understand my point.

80% of Fair Market Value?

Rents are fairly strong, and there is the east coast flavor that I miss(from New York many many years ago) I wanted to invest out of state, and I finally did it after 10 months of research in that area( I think the real reason was because I was scared...hahaha) truth be told..

Madoff Investment Securities has more than $700 million in capital, according to its website.Madoff remains a member of Nasdaq OMX Group Inc's nominating committee, and his firm is a market maker for about 350 Nasdaq stocks, including Apple, EBay and Dell, according to the website.The website also states that Madoff himself has "a personal interest in maintaining the unblemished record of value, fair-dealing, and high ethical standards that has always been the firm's hallmark."

i thought about giving gifts to tenants, but i decided it was better to give gifts to the people that save me money...my insurance agent saved me a ton of money this year, and my banker has never charged me for checks or accounts(business or personal)..to me, a nice gift card for her to a restaurant would be more than fair since business checks alone are expensive

I master key, so they don't help in my rentals at all, but they are fairly secure for a single rental or a rehab.

. $5,000 or $10,000 for a 30 or 60 day listing).Also in Texas you not only have to disclose you are a realtor to a seller if you are buying their property, but you also have to disclose to them what the Fair Market Price is for their house, IF you came across them in your normal real estate agent duties (which is open to debate).Either way being a licensed agent can be more of a liability than an asset when wholesaling.