And, even though I wasn't the top billing sales rep on the staff, my manager always tapped me to train our new hires.

Get your operation off "stuck!"

I also was a Mortgage Broker....Originally posted by Harold Wimberly:...I have to disagree again.The Person doing the loan does own the property. ...The borrower is the owner, the lender is just the lender and is not an owner of anything other than a note and a security interest in the property.Not sure what training goes into becoming a mortgage broker, but I would have expected something as simple as that concept to be included in the "basics", like before the 101 level of coursework.

$870 x 12 = $10,440 This is your annual NOI (presuming you are right and the operating costs do not exceed 50%).

Has anyone went to his training or used his company to close their deals?

Appraisers all operate differently and the next guy/gal might not ask for permits at all.

I just came from a Rich Dad seminar this weekend and could not afford the advanced training.

Write up a joint venture agreement or if LLC's are cheap in your state, set up a partnership LLC detailing in the operating agreement how the funding and payments will work.

Easy to administer and operate.

Another way is to split membership within the operating agreement with different classes of members, that will keep them in a passive situation as well.