Quote from @Chris Seveney: @Jay Hinrichs100% agreeWhat we did was had a third-party company perform a track record verification report.

Hi BP community,I’m looking to invest in Texas and there’s a new law that the buyer must sign agreement with one realtor company or agent for the potential property. 

I've only heard this recently in a book I read, and by a closing agent from a title company.

Multiple, billion dollar companies are investing substantial amounts of money into our area, such as Intel, Google, and Amazon.

I'm working with a turn key company that operates in Memphis.

I currently work for a luxury building materials company and my commute is about an hour and a half each way every day.

I think the best and easiest way to get started is to use a servicing company.

if you're looking at 1-4 unit properties, don't kill yourself trying to create an LLC just yet. find your lender first then see if they'll require you to close in an LLC or not. single-member LLCs do not provide as much legal protection as we would like to think, so if that's your reasoning for wanting to create one right off the bat, that's just something to consider. as far as a business license, AFTER you close on the property, call the town hall and ask if they want you to have one there bc you're collecting rent there. if you're using a PM company, they will probably say no. :)

@Shivani KumarLet’s say they have to get a pest control company to do something and it’s a third party company - they will charge 5% which is very common as they have management to bill and coordinate that activityMany places I see this 10-15%I would make sure to check indemnifications clause with an attorney

He ignored all phone calls or emails from me.So I contacted the head office to expose the situation, and a few minutes later, I received an email from this broker saying that he is releasing the land lot back to me.