I'll will take J Scott's advice and without a doubt report the agent to the RE Commission.Other than that, I'll invest my time and money into marketing, finding motivated sellers and closing deals.

It consists of coordinating with our current network of wholesalers, bird dogs, and agents to do preliminary evaluation and qualification for buys, develop new wholesalers and bird dogs, develop alternative buys, develop in house direct buys, and package and sell in house wholesale packages to our affiliate investor group.

I would do as Michael just suggested and really take more time reading up on what it takes to be successful on a consistent basis and not just getting lucky on a couple of deals per year.

Property consists of 7 buildings in a 10 building complex, mix of 1,2,3, and 4 bd units, 4 5plexs and 3 4plexs for 32 units total.

I might have felt a little better if he didn’t.Even other major companies release statements about news reports that slander thier business.

so I am thinking of posting here the steps I ll take and report on how it works out for me, since I am not a professional guru or real estate writer maybe others will know if it truly works for the average guy.

Appraisals, credit reports, title insurance, attorney's fees, recording fees, (some states transfer taxes), realtor fees for both the buyer and seller, mortgage payoff amounts to clear the lien to the home, homeowners insurance, closing agent fees, and oh yes, if there is anything left over, we brokers like to get paid as well, and the lender we send the loan to has to get their money, and flood certifications, surveyors, etc."1.

I would have more consistent income coming in by joining up with him.Anyone have experience putting together a pay scale i.e. first $100,000 in Broker fees split ??

Now they are asking for 10% of the purchase price, non-refundable, no inspection period, on each property.I've decided that it's best only to go through a wholesaler when the property was built in the last 30 years, and is not on septic (I've asked the wholesaler for a septic report before and they didn't have one).

See chapter 16 for information about ordering the form.Election to postpone reporting until the following year.