With regard to bird-dogging. the "Real Estate Act of 2000" in Illinois, talks of words like "customer" versus "client" etc. and, talks of "activities not rising to the level of 'agency' or brokerage".

By renting to them you are helping people who are established felons, actively breaking the law.

You will be a very stressed out, unhappy individual, any way the market goes.

Being an "active" investor versus a "passive" investor, which is where the 750 hour mark comes from, will allow you to carry over losses in real estate to compensate for other gains.

My realtor taught me so much more then I would of learned without him and because I didn’t have the added stress of doing any deals etc I was able to just soak all of his knowledge in.

Here's the official word back:Per ORS 696.010 (11) "Professional real estate activity" (j); the person you pay a fee to would be doing professional real estate activity without a license.

You may find the end result less stressful than imagined.

I just don't know how financially sound of a decision it is, but I like to see the activity downtown.

I'm building a team and we are actively investing in Will County.

Be paid on the basis of real estate activity; such as percentage of commission, or any amount based on listings, sales, etc.;8.