Based on the new Dodd Frank rules effective January 10th, a sale is defined as a "Flip Transaction" is the new price is at least 10% higher than the previous sales price and deed has transferred within the last 90 days, OR if the new price is at least 20% higher and the deed has transferred within 91-180 days.

I commend you for attending to the problem quickly and effectively.

I did some research and found out that I should do a heat map too establish which zip codes in my area have the highest amount of cash transactions.

Hi Matt, The thing is that even if you were to get a client on day 1, and they wanted to pay cash, it would still take a while for the transaction to close and for you to get a commission.

Sorry to hear that the market is getting tough for you guys.I'm wondering if the new mortgage regulations that rolled out for first time buyers will have any effect on the process -- hopefully eliminating those in the market who don't actually have the assets to be a serious investor.

I consider myself business savvy and find myself aware of many things involving business transactions that the average person would overlook.

What are some repairs that are can be easily and effectively done alone or with a friend rather than hiring a whole team to do the job?

She may be holding them to sell to investors or retail buyers, with the pitch of "This house isn't on the market yet, but..." to draw a higher price and this agent would get both sides of the transaction, buyer and seller.You haven't mentioned how long she has owned the houses, years?

@Mike Todd I have found that those companies usually have a lot of hidden fees, limitations, and charges; i.e. a limit to transaction amounts, amount of transactions, etc.My recommendation would be to find a Broker in your area with some experience and negotiate with them about your compensation split.

Whenever there is a bargain to be had or profit to be made, investors and businesses should step in, buy up the bargains, offer lower prices in order to gain market share, and effectively make the prices more fair to consumers (in this case, renters).