They usually do not make money until they understand their clients and property operational issues.Definitely ask for references and take the time to check them out.

Would you make your client pay the difference?

I love having my license and helping my clients and also doing my own deals.

I had something of the second situation happen almost after the fact, for a landlord client of mine.

We have many clients who invest with us using self-directed IRAs.

I think I might have answered my own question.I went the kw website and found it frustrating as a "client"Prudential site is very easy to navigate and don't feel I need to sell my soul to get info.Granted I myself never use their sites to find any of my properties....but Internet presence is crucial.also when I asked for CMAprudential's format was very easy to read, and KW wasn't.

Theresa, I was just down in Sarasota visiting a client.

For instance, if you get a 5/1 ARM IO the first 120 months is interest only no matter what the market rate adjusts to after the initial fixed 5 year period.My advice to my clients is that you should only do IO with more than 25% equity and in an appreciating market.

@Ned, I have clients who despite their urging receive 1099s issued to them instead of their business.

[Summary]He is a licensed California broker and has been comingling client funds between his personal, checking, and business account.