(Adopted 1/07, Amended 1/12) Standard of Practice 15-3The obligation to refrain from making false or misleading statements about other real estate professionals, their businesses, and their business practices includes the duty to publish a clarification about or to remove statements made by others on electronic media the REALTOR® controls once the REALTOR® knows the statement is false or misleading.

Remember you don't have to own a property to control it.

But the Key Control locks are $30 each and good knobs are about $20.

My goal in this situation would be control rather than ownership. 

thank you BenThank you JohnRegarding self-employment over a w-2 jobWhen I was just out of the Marine Corps and I had this job at Johnson Controls engineering firm because I was a science major, had a lot of calculus physics and chemistryMy job was to sell to developers and builders That wanted air and water  control devices and I was on straight commission basicallyI had like $20,000 in commissions that they  didn't pay me for I got really upset and at 25 yrs of age I didn't have very much EQ, and my emotions got the best me I basically even went to a lawyer and asked  how can I get my 20,000 in commissions here's the proof they owe me the moneyMy lawyer says it's gonna cost you 10,000 in legal fees to sue them at a minimum he's going to need that upfront as a retainerAnd then there was no guarantees I would get the 20 kThat's why I made the commitment at 25 never ever ever be a W-2 employee and I work as a 1099 alwaysThen I found a real estate 60-year-old mentor who taught me everything from distressed property to foreclosures to divorce to bankruptcy to probateI work for five hundred a week for 2 and a half years and then opened up my own business and did approximately 28 seller interviews a weekMy closing ratio in the beginning wasn't very good because I sucked at itBut with the good coaching from my teacher I got better and better and betterI quit after 2 1/2 years and started my own company on a shoestring it wasn't easyBut I made over hundred thousand dollars my first year if it wasn't for the teacher I would not know how to run a business and I would not know how to hire people and I would not know how to market and I would not know how to negotiateAnd you never stop learning because I made a Ton of money I was 29 and I made over 1 million and a quarter I rolled it back into the company which was a mistakeBut live and learn!

The bubble burst, he lost his job, and now the condo is vacant.

Once we control the property we hold some, and also flip to investors in the area.James

They can only partner with a Cuban national, who has majority control (which basically means, the government controls) It was only in the last couple of years that Cuban nationals were even able to exchange property.  

He gets to stay where he's happily living and she gets to refinance the note and control the property 100%.I also suggested that she can offer to pay the mortgage for "X" amount of months, if he refinances the mortgage into his name.

More info here: http://www.biggerpockets.com/forums/521/topics/187...As far as getting started, developing your strategy and whether to get lic'd or not....It's easy to get lost in all of the info and different investing approaches to real estate.