It cost money just be an active licensed real estate agend and if you want to be classified as a Realtor you will have to join their organization for another $500.

I would engage with a Realtor simply as a mean to determine what the market is doing for closed properties and active homes that match the criteria of the home you're trying to buy.

Otherwise, it's hard to know what you should pay for, or whether your should engage, a property management company that will generally take 8%-10% of your revenues.In addition to finding a good book - Nolo's got great ones, and Jeffrey Taylor's Landlording Guide is fantastic but more comprehensive - I'd also recommend looking at property management software suites.

I know from her speaking engagements she proposes investors use a 35% operating expense rule instead of a 50% rule as a high level gauge for deals.

I look forward to becoming more active on this site....

Basically, all the major investment banks have engaged in credit default swaps which allow a buyer or ‘fixed rate’ party to make periodic payments to a ‘floating rate’ party in exchange for the ‘right’ to a payoff if there is a default or credit event in respect to a third party - called the reference entity.

Hope you are still active in the REO niche!

I'm familiar with the 203k loan but have not met or spoken with someone who is actively closing these loans.

You don't ASK for it explicitly; it's all implied that to get that gift, you have certain expectations to first be met.And for the rest of your comment - this is a business activity, not a personal activity, so in business you only pay for things when you receive something in exchange.

I mean (total hours spent on any activity related to wholesaling) / number of $5K deals actually closed.That question is totally serious.