He wishes someone had helped him figure out the partnership structures and compensation when he was starting out, and is going to show us what has worked for him, with alternative ideas for varying scenarios.You will hear:·How much you should receive If you are the developer, (or redeveloper) with no money in the project·What percentage of equity the financial partners should receive·Should the developer manage the construction as GC, or hire one?

Besides the fees you mentioned there are fees to access the MLS and usually association dues that vary from area to area.

I do realize that price may vary by company and state but a ball park on these charges would be helpful when having to decide what type of closing to choose.If a double close is chosen and its an occupied home, wouldn't it backfire on the wholesaler if he/she is trying to keep the seller and end buyer apart.

I don't buy in TX, and auction procedures vary from state to state so I'll just try to be general.Buying at auction is truly a professional's game.

Different parts of the country yield different returns from different sources, appreciation could be great in one place, really poor in another, taxes will vary and tax credits may be in the mix, so you need to pencil it out yourself in your reality.

You will be initially dealing with the executor (or personal representative or administrator terminology again varies by state) who may not even be a family member.

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Don't ignore the use of Postlets - it works.Of course I am in a different rental market and results may vary.