They get a low ball offer, it goes to the trash, they may not even call the buyer's agent about rejecting the offer and just tell them days later after the buyer's agent calls to check on it.Some brokers are required by MLS or state law to retain copies of all offers for a certain period, that means your whimsical offer eats up staff time and admin expenses. 

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Account ClosedHi Kyle,Find a good Texas asset protection attorney who understands real estate and run those questions (and other following questions) by him/her.There are some that post in here, although once you have one you're comfortable with, a personal phone call might be more productive than open public posting, because eventually you will need to retain the person.Good Luck!

Perhaps consider a little twist - find a private investor from teh coast, who is content with 6-8% and you can retain ownership of the properties.

Instead, consider the following a starting point for your research and retain an attorney to consult you on your specific situation.Earlier this year, I defended a lawsuit that was filed against a client of mine that went to trial and final verdict.

The licensed agent is the professional retained to protect the client.

As I've been shopping lately I don't see a difference in price based on what the neighboring houses look like, but it definitely plays into the value I assign to any given house.A rental surrounded by well kept homes will attract and retain better tenants, therefore having a significant impact on your profitability as a landlord.

Also, they are confidential, secure them and destroy when not needed to be retained (I had a burning party every month to keep files cleaned out!)

This really is one area where you need to chew your own food - we here in BP'ville should only encourage you to read for yourself.If you don't want to hassle with it, then follow Yiv's tip and retain an attorney.Evictions can drag out if you make a mis-step and they can get very expensive.

I will make sure that this contract is legal in California by retaining a local real estate attorney to review this contract.