They even offer college degrees in appraisal.

Be sure to know which taxing district you're in since they can vary widely (my county has 80 taxing districts which vary from 1.75% - ~4% of total value).

People reading here often unwittingly get themselves into trouble following advice that works in the poster's state, but not in the state they start operating in.For that matter in some states, certain rules can even vary from county to county or from city to city.

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?

In short, I'm 25 with excellent credit, have my degree and hold a stable job with decent income.

LOLRE usually falls under the department of finance in business colleges.To get started in a formal education without heading toward a degree program that fits well with real estate, I suggest these areas of undergrad study.Economics 101 and 102Accounting 101 and 102, if you can take managerial accountingPersonal Finance, Money & BankingBusiness Finance 101 and 102 or similar levelsPrinciples of Real EstateBusiness Law and Legal ConceptsThese 10 classes or 30 hours would be a good foundation for RE.There are other courses that can be more specific, like construction management, municiple zoning and design as well as others.Depending on the benefits you might be looking at, you may look into an Associates Degree program at a local university in real estate or finance.IMO, good luck.... :)

Not sure about the 90% but average salary of someone HS educated isDoes a degree pay?

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.