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As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
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Recently we decided to convert our Airbnb that is in a saturated market to a medium term rental. I listed it on a "Traveling Medical professional" website. We received an inquiry from someone who is not a medical prof...
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Looks like some bitter broker threw me under the bus and reported me to the state (MI) Attorney General with a complaint of "Selling Real Estate Without A License".Who knows the exact rules here? Is there someplace t...
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So I have a marketing background and I’m a licensed agent. I have an opportunity to work for a wholesale company as a salaried worker and “in-house” agent. My duties are to market their properties on facebook and emai...
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OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...
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I responded to a C-list ad and the poster said he's representing the owner of a property that is scheduled for foreclosure next month.
He said he doesn't own the property. The website that lists my county's sherrif'...
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This may be a good Wayne Brooks quesiton, but for whoelsalers who have a license, are you required to pay your broker for all the deals you transact? I can understand buying something off the MLS where your Broker is...
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Hello BP,
So I've been researching this topic on working with realtors on wholesale deals. If your the wholesaler, and a realtor (investor friendly) finds you a buyer, what do you pay them? Is it a flat fee...
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I live in CA and i am in the process of getting my real estate license. Wholesaling is something I look forward to but can I get started on doing it before I get my license? Do I need one to do my first couple wholesa...
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Hi everyone appreciate any feedback. Here is the situation. I found a wholesale deal that I like. I asked for the representative to send me the contract after an hour or so I got a message saying the lawyer and title ...