That's when he spilled the beans, revealing "my sister is a broker".He would have been perfectly happy to let me spend my time and effort finding properties for him and then to have his sister make the sale, and without a contract, it would have been a long, risky fight to get paid.That was the day my strategy of requiring the buyer's broker agreement before investing time and labor was vindicated.No contract?  

It's a very competitive business, the financial entry point is not $0 as many gurus suggest, and in the wholesale world you fight an uphill battle from the start.

Agents who negotiate down their own commission typically do not fight very hard for their clients money.

This way, if the end buyer does not perform, you already have their escrow and you do not need to fight with them over signing the release documents for title.

They have no tools to fight inflation.  

Workers in Augusta were throwing our neighbor’s trash in a dumpster we provided–at no cost–so we could have a fighting chance of selling our renovated house in the future.

I couldn't imagine having to try and fight a chargeback to prove to the tenant's bank that they really owed me the money.

If I have an amazing case with law and facts and large damages, maybe a wrongful death or negligence etc, but no assets or method to actually realize an award, and the insurance is limited or will be another expensive fight, that case gets passed up on for a easier case to collect on.

Between 2010 - 2014, these two states are again neck to neck fighting for the #4 spot in terms of population growth in 2020. 

There is just too much wealth invested in NYC real estate, for it to go without a fight, and so long as that holds true – we’ll be okay.