Prices have been rising slowly in my neighborhood but loan rates are also on the rise.

As used in this chapter: (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.

I'm at a stage where I could gain considerably by interacting with BP members who are actively investing in RE and can guide me through the steps in investing in RE.

Before you jump the gun into anything, there are several considerations:1.

And you want to make sure that the agreement he wrote states you will recieve that consideration of $4,000 see if hee wrote it as a finders fee/referral or as an assisgnment.

In fact, I don't usually get the full amount due until the lease signing which is when I give the tenant the keys.If you are not collecting funds until the time you are distributing keys give consideration to the form of those funds.

I'm confused why you don't want to buy the house, giving the seller a consideration sum for the deed and taking it sub2 the muni lien.

It's usually slightly negative.My question:I am a conservative fella so I like looking at paying cash for a property, which will give me potential appreciation, and i'd have raw cash flow.What I am starting to take into consideration, is if I were to say put 20% down on a 100k rental, and I earn 1,000 cash flow, that's a 5% annual COC return.

Good Evening fellow BP'sAfter doing some considerable research I have discovered to get into the New York City Housing Market is very hard to do as ether a Real Estate Agent or an investor.

Sell potato chips and other grocery items that are slowly decreasing in quantity, but rising in price.