No recording fees!

We took the plunge and bought the property a couple of days after the original post as our time to decide was limited.  

Originally posted by @Marc C.: , I think the numbers look acceptable for a small property. 1.2%/mo. in gross rents. 

Originally posted by Account Closed:I dont know but I saw a unicorn run by right after I read this post.The market is too hot, the GC's are too busy, and the business will come to them one way or another so they dont have to offer you cheap prices or trust.

also how the other partner will get paid and how much like hourly or as a project based fee , etc...????

3)If they refuse to pay late fee, Can I sue them for it?

Originally posted by @Toben B.

After inspection I submitted a revised purchase offer that was $45,000 less than our original agreement.

A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctioning of any real estate or negotiates, or offers or attempts or agrees to negotiate a loan secured or to be secured by mortgage or other encumbrance upon or transfer of any real estate for others, or any person who, for pecuniary gain or expectation of pecuniary gain conducts a public or private competitive sale of lands or any interest in lands.

I tell people NEVER to pay advance fees with the exception of an appraisal.