I am opening a 100% commission investor friendly brokerage with a high-end brand and agent training (been coaching agents for 3 years).

if your brand-new in Massachusetts, I would consider doing a lease purchase with homesellers that don't have alot of equityOnce you get at the property under contract, then you assign the deal for an assignment fee.I would get my sales license and write up the listing as a lease purchase listingIt doesn't matter if the buyer does not get the mortgage, you have done your best, but I would do it 1003 application for a mortgage and have a registered mortgage loan originator and look at the 1003 applicationI would give a 12 month lease at market with 3% earnest money, and 3% for your feeYou can target expired listings for houses that have a problem selling traditionally

{When looking at smaller multifamily (i.e <16-20 units) with central heating, the operating costs are likely to run closer to 60%)The 50% "guideline" is a quick, in-your-head, means of performing triage on a property and deciding whether it warrants further examination.  

Here is the list of problems: The front door barely opens, NONE of the doors close correctly, garage door has been replaced but the electrical still needs tackled, no doorbell, no fire alarms or carbon monoxide alarm, no working outside lights, a severe mice infestation (who have now raided my brand new couch), no insulation in the mudroom which is allowing cold air into the house and raising my heating (propane!)

Having been through the patent process twice, my hat is off to anyone who could face that paperwork 21-times and still be smiling for more.When you say Rent-to-own, is it safe to presume you are working with a lease and separate option to purchase and have not tied the performance of one with the other?

Hello new friends,My name is Tikii I am brand new to the real estate world.

Even their investors are graded based on criteria and performance track record.

What advice would you give to someone who lives in Silicon Valley in the Bay Area when it comes to performing market research and selecting zip codes to search for deals?

I know several guests on the podcast mentioned doing a 50/50 split, where they perform all of the legwork and the investor provides all of the money for the purchase and the rehabbing costs.

I am brand new to real estate investing.