Hello,I'm a little confused on how commissions work on an investor purchase of a short sale.

.- Servicers may not lower agent commissions after an offer is received.- Standardized paperwork- Servicers may not charge borrowers fees to participate.- the Short Sale Must Fully Discharge the borrower !!!!

Call the Planning and Zoning Commission and have a chat.

Love to get the scoop on that too, as one of our partners is ripping us off big time... overpaying on supposed repairs and overpaying on commissions, we still make a pretty penny, but no one likes dishonest partners!!!

If you have an agent that will be submitting offers for you, and will be earning commission on your transactions, that agent should be willing to pull comps and advise you on what a property is worth and what you should be offering.

I can only assume this is because they feel they are being told they didn't price the home appropriately, or because they are going to get less of a commission.

If the CAREC had a problem with that they would most likely issue a cease and desist order under those circumstances, since you own both LLCs.Probably the best thing to do is to call the real estate commission and ask, explain you would own both companies.

A few thoughts:- A very good inspector shouldn't run you more than $450, so you're $1200 budget is overkill- In terms of costs, don't forget all the costs on the back end: paying buyer's closing costs (up to 6% these days if you want a quick sale), realtor commissions of up to 6% (if you have an agent), home warranty for about $500 (many buyers are asking for them), a termite letter for $50-100 (if the buyer's lender requires it), etc.- To do a low-end total interior gut of an 1100 sq ft house shouldn't costs more than $35K, so you're $52K budget should be fine, assuming there isn't any structural work that needs to be done, and the roof is in satisfactory condition.- Don't trust Zillow for any comps.

Find another broker...They provide a commodity service and are supposed to be in the business of customer pleasing (which is why they work on commission)...if they're not doing that, find someone who will.If it's too late to switch, then don't feel bad about calling and bugging them EVERY SINGLE DAY.You're the customer...they need to start acting like it.

A property manager needs a sales or broker license if the compensation is paid by COMMISSION, and handling rentals and leases for others, not personally owned properties.