Account Closed Simpler idea, for your example:  simply offer the owner $17k above pay off, with your $5 k EM now, and typical weasel/get out of jail free clauses.  

I'm sure the numbers are the same, as well as concepts and formulas, but so far as the legal stuff is concerned...

Learn the Concepts ____ Best place to study?

And you have plenty of smaller players that sell direct and handle the entire operation as well.So its really a pretty simple concept... virtually every metro area East of the Rockies and south of NYC has turnkey in their market...

im looking for some recommendations and if possible a reference in houston area . i need to make contact whit a RE lawyer . i like to have some one who knows the laws making sure everything is correct especially now that im just staring ,i understand the concept and i been educating my self the mos i can .but still ,even i know i will make some mistakes some times i want to make sure i minimize them .

The trouble with most people that put plans together, is they confuse "Plan" with "goals" & "Concepts"...which is why they don't accomplish their "goals".  

I just like to work lol but hopefully just a better position and more money.I appreciate itI haven't explored all of the forums as of yet but do the concepts here on BP apply internationally as well?

it is more complicated than this but that is the concept.

The public library is a place to start, but a Barnes and Noble or Amazon will be your best source of real estate investing books.I'd read "Rich Dad, Poor Dad" first, to get the concept.

At one point I was doing the 300 trans fee years ago and had about 50 agents.Back then every brokerage was thinking about starting the 100% thing.It was a fairly new concept but today it is saturated with companies trying to undercut each other. 285 per trans,275 etc. just to get market share.The problem is not all the agents produce transactions.They want to just hang a license.When they do transact they are rusty and you have to basically almost do the deal for them and make a crappy 300 for your time.Many agents get license suspensions for bad student loans,child support etc.