Then call your 3 favorite water extraction, carpet cleaning, handyman and roofers, and keep on their first response list.

So, for $500 per month (I paid for his gasoline) he had to make about 20 trips to the property every month. 

I’m due for a trip.

In the interim, we collect rent and tax deferred cash flow, and our 'round trip' cash investment is close to $0.

do you have a favorite for leads source?

She will eventually pay rent and late fees, but not before I have to make a dozen trips comming over to hunt her down (she had her phone cut off so there was no way for me to call) In Jan, I told her that I will no longer put up with her lies and excuses and she needs to start paying rent on time.

"latenesses" was my favorite word

More or Less the same as each person pick a favorite food for them self.

I dont make 4 trips to a property before making an offer.

GAMLS you have to pay an ongoing fee for instead of when a sale occurs like FMLS.With FMLS you still have to hit yearly minimum brokerage sales numbers or get hit with a big fee.What I learned from that experience is that many agents have a sense of entitlement.I would find that maybe only 20% to 30% of the agents would have a closing that month.So to scale this if I had 100 agents you might have 6,000 to 9,000 a month gross coming in.For that though it is a major headache.Many agents are part-time and rusty or an investor wants to run a hair brained scheme.My favorite is a new agent that just left a 50/50 brokerage that has almost zero training and wants to join my firm.They would want you to train them and spend hours and hours for a 300 trans fee.I am not even mentioning the amount of paperwork you have.Agents not keeping up with education requirements,not paying license fees and getting a lapsed license,getting a suspended license for child support, government loans,etc.Getting IRS orders to take any commission your agent gets and pay to them etc.I now have about 18 agents and haven't taken anymore for over a year.I do way better and make more working my own deals.Paperwork and headaches are less and I don't babysit have to constantly watch agents anymore.I would say it's good to have the brokerage license just don't add any agents unless you keep it small and they agree to a fat commission split for your time invested.If they him and haw kick them to the curb!!