There are the necessities of life. water, food, shelter, health and we need a supply of money to keep them all coming.

If someone is doing me a favor by throwing me some work, supplying the materials, insurance, and free food- I am not going to charge them a rate above what an experienced tradesman would charge.

Tom Corley, on his website RichHabitsInstitute.com, outlines a few of the differences between the habits of the rich and the poor.1. 70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day. 23% of wealthy gamble. 52% of poor people gamble. 2. 80% of wealthy are focused on accomplishing some single goal.

Never step over dollars to try and make pennies.If an broker/agent was hungry everyday and food was their reward then look at it this way.4 people spread out on the street each with a plate.

That's like rewarding failure.I read another thread where I see that 7-10% is still the norm and 12% is for labor intensive properties.Any help or recommendations would be greatly appreciated.

While, I think as discussed in other threads that to buy or not to buy turn-key depends on a host of variables such as your goals, risk / reward desires, level of available inventory in market, individual challenges of that market, whether you can replicate what the turn-key can provide at a similar cost, etc we also have to make sure we are normalizing things.Yes, you can absolutely buy in the same neighborhoods for $40,000.

Also, I never made the connection of great food comes great neighborhoods, but at least in my city that is absolutely true.

I have a tenant that just moved out, but left behind all their furniture, food and worst of all they left their cat!

You pay for your food and/or drinks, the meeting itself is free.

And it didn't cost him a penny.Though much less creative than the above, my wife and kid and I have plans to get tee-shirts with our company logo and slogan and wear them while volunteering around town offering services where distressed homeowners might congregate, such as soup kitchens or food banks.