Plus, you have staff that can handle the administrative task of distributing that many gifts. 

As @Brian Burke mentioned once the funds are in there is pressure to deploy as the clock is ticking.Sophisticated investors are aware of this and are sensitive to operators looking for fees and doing marginal deals just to keep the capital moving.Third party Fund administration and audits are also very important to the more astute investors and will help in raising your first fund.

If you are not the dirt jobs type or you can't find one, try administrative jobs to learn the business side of things though they don't always pay well. 

(ref. http://www.decaturga.com/city-government/city-departments/administrative-services/taxes-and-fees/tax-faqs).

It was a good chunk out of the biweekly paycheck I got working the administrative temp job that I had at the Toshiba factory that summer.

If it states that all monies received are first credited to any late fee or administrative charge, then applied as rents collected, then to 10% management fees then to the owner, then you're sunk, you agreed.

Ohio Administrative Code Section 1301:5-5-07 provides a list of activities that an unlicensed person can and cannot perform with regard to residential property management.

OH he said we go to administrative law revue judge and the legal fee's would be about 100k.. or you can pay the 5k fine the state is levying and promise not to do it again. so you can be right but the cost to prove your right many times is not within reach of most folks.

So, if your argument is that this country is moving towards socialism/marxism because we're adopting ideologies of Lenin, then you'll have to explain why you haven't been arguing against socialized education and banking for the past 40 years (including TARP from the previous administration)...or at least accept that this is just one more step in a reform that has been going on for much of recent history in this country.

It is explained to the membership that dues do not cover annual expenses, and that commission on the sales generated are necessary to keep the organization in the black.Balancing to zero would not keep enough cash in the bank account to pay for web hosting, membership administration and equipment failure, and in my view would be irresponsible.I was also a co-founder of Boston Area REIA, (a for-profit) although I sold out my interest to my partner a few years ago.Below are some of my likes:Structured networking events, where you get to meet more new people than you could simply by talking to a few people.