Since I know it's a bogus fee, I don't charge it on the HUD for any investors/clients I work with.

Would the listing agent even allow you to do that and could they open themselves up by doing so considering their fiduciary relationship is to their client and none exists between you and the seller?

Hi Chris, I ended printing out a Memorandum of Contract and taking it to the San Diego County Recorders office , only to find out that San Diego county does not provision/recognize the specified document.I requested to see the listing agreement from the agent and even called her broker and they never got back to me nor did I see the listing agreement.

Steve that was not a commercial broker to me that you had before.A leasing broker should be a leasing broker period.A sales negotiator should do the purchase and sale.There are brokers that do both but people at the height of their game only do one thing for the most part.You can have a generalist that does 2 things or have 2 specialists working for you that do separate things.The broker wanted the sale to make a big commission so was scaring tenants away.No tenant will want to make an investment into a space knowing they will be moving right away.You can have language in your leases allowing you the right to terminate early but not giving away you are selling for development.Ultimately after the lease is signed they will find out in the newspaper etc. when word of the project comes up.Your previous broker was not doing their fiduciary duty to put you first as a client.

I admit that I haven't been on them as I should since I'm still getting situated in the new location.I recognize that the mortgage has nothing to do with setting the rent.

Do you recognize great deals that other investors are buying?

He said he did tons of deals and now mentors clients to give back.When he arrived, I met him at his hotel.

I have several clients who own land in TX and Oklahoma that rent farm land.

I have a client looking to sell his 24 unit apartment building.

It seems very subjective and I've been running into this with many clients right now.