Can you tell me about the benefits or risks involved.

This is a great resource for those looking or already involved in REI.

If you've got a signed contract that you must pay him comission on anything you buy, then you have to get him to sign a release that he agrees that the contract is cancelled.In future, never sign any agency form that binds you to a buyer's agent for a set length of time, and makes you liable to pay him commission on anything you buy, whether he is involved or not.When you sign a buyer's agent contract is should do no more than state that the agent will represent you and that you will pay him the commission on any house that he finds for you.You can even sign the conrtract one house at a time.If an agent wants to insist upon a more binding contract, just tell him no.

I would suggest getting an agent involved.

It is a 3 bedroom, 2 bath, 1,056 square foot house here in Escondido.

I always want to deal directly with homeowners and never involve a Realtor.

Are you involved in real estate at all?

Properties that are high in demand for rental purposes costs about $150-$250 per square foot, with the higher prices for ocean view or waterfront properties.

Recently I have been receiving a lot of deals for REOs in my market passed on by Investors involved in "Daisy Chains", as some folks call them.

I make it rule not to get involved with other's financial business, but I saw they were about to make a serious and most likely irreversible mistake.