Ask about the commission split structure, desk fees, buying and selling for yourself/family, is phone duty required, are there monthly minimums (sales, cold calls, etc), bonus structure, the type of real estate they focus on (investment, retail, high-end, leasing, foreclosures, commercial), how is the in-house training, what kind of on-boarding process, lead disbursement and generation, advertising associated with your franchise, corporate franchise fees, web & social media, and a ton of other items.  

You'll need to check the roof, the siding, supply line pipes and drain pipes, gutters, faschia boards for rot, windows for rot, etc. 

BrokerOffice3125060261kjrocio@atproperties.comLocationCommercialBioTeam Leader of #ROCRealtyGroupwhich specializes in Chicago Multi-Family Investment Properties in and around Chicago.Member, @properties Agent Advisory BoardMember, EdgeAlliance Board of DirectorsHas a addiction to social media.Facebook Business Page:www.facebook.com/ROC.Realty.GroupFacebook Personal Profile:www.facebook.com/kjrocioInstagram: @rocrealtygroupTwitter: @rocrealtygroupWebsite: www.rocrealtygroup.comHighest Commercial Sales Volume - 2012Best @Agent to Work With - 2012Please tell him I put you in touch. 

I have been absent from the boards for a while because I spent the last couple months being a professional salesman door to door.  

So conduct business honestly and above board and you will insulate yourself from most LEGITIMATE issues that way.

There is a few people on the board here who will be able to give you some guidance if you have questions along the way.

Welcome Caryll,Nice to have you on board.

Good for you...and him.b) Since you are not feeling good about your knowledge on Finance & REI, absorb every ounce of knowledge of this board and all the books you can get your hands on.

So much intimate knowledge of the penal system on this board.

(just using RE agents as an example, it applies across the board)Learn to be resourceful and use what is available to you including people and the internet such as BP.