Anybody else see similar action in their market right now?

What a disclosure could be showing is the ability of some smooth operator having the skills to give some caution or clarification and still convince someone that what they are about to do is the best solution for them......salesmanship.While disclosing to someone that they are about to be had may lighten the blow, but it still doesn't wash away the responsibility for your actions when you are the one devising the deal.It's not so much compliance issues as it is in prudent operations and fairness in dealing with the public, John Doe Public is usually at a distinct disadvantage in RE and financing.I understand what Aaron presented too, disclosures don't wash away the obvious.

We maintain a Seller database that we update every time there is contact or an action with a Seller.

More than adequate liability insurance is the 'advised' norm but the latter will not cover illegal action, the pursuit of voracious creditors or the many exclusions including ingesting Lead paint.We also record & file weekly minutes, as well as all resolutions regarding any new acquisition/dispositions etc

My next action should probably be a call to an experienced attorney.Thanks again.

Come Jan 10, getting loans will become much more difficult.Those are my thoughts, and they are also my own actions.

I would have a plan of action before contacting the agent meaning advising the agent you are interested in the property, how the agent will benefit from you wholesaling the property, and finally how all parties can benefit from the transaction because the seller will have to be ok with this too.

We need more detailed drawings for which we have a guy who has worked with the city before ready to go.Project ManagementRight now we are using a share reminders list for iPhone, Dropbox to share all files, and Excel to track expenses and action items.

Even this course of action has its detractors and there are plenty of Dream Merchants willing to take your money and sell you BS.

Right now, we feel we should do the Seminar tomorrow becuause hey, you never know what connections you may meet right away and a little more education never hurt, and than find a Mentor after.Do you think this is the correct course of action to start out with?