I would suffice to say, if you call yourself a bird dog or referral specialist or jobber or wholesaler, and that is what you actually do by the aforementioned descriptions, you are still operating within the spirit of the law and what it was intended to be and should not have legal problems.

Throughout the United States, operating expenses run 45% to 50% of the gross rents (including paid maintenance, paid management, and capital expenses).

We operate only in our market area of CT with income producing multifamilies.

If you do some research, you'll find that throughout the United States operating expenses run 45% to 50% of gross rents.

We operate only in our market area of CT with income producing multifamilies.

And these are based on conservative numbers – 3% annual rental increase, 4% annual increase in operating costs, and 4% annual home appreciation.

I am not an accountant, nor do I play one on the internet.NOI (net operating income) is determined by subtracting the operating expenses from the gross rents.

They will pay the person who submitted the lead a percentage of the whatever is generated in the transaction.From my initial research, it actually seemed like a pretty legit operation.

i don't want to be discouraged but i had no idea finding the right house would be this hard :( would our best bet be hiring an agent?

At the moment I don't know a whole lot about construction; however, I bet if you put together a good team of knowledgeable people it could work.