Unfortunately, the wholesaling crowd doesn't understand that major brokerages won't take them because their errors and omission insurance carves that out. 

@Bill Connolly I am quite certain that once you pass the state license exam that you could become an agent with the largest, best brokerage firm in your city.

So I turned to this website after listening to the podcasts.I have an offer from a Realtor who has her own Brokerage (+30 years in business, successful, family friend), to invest 400k which is about 15% for a new construction of a 14 unit complex.

In that case, you can simply have the account at a bank or brokerage where you will have direct checkbook control.3.

Hey Everyone,I own a few small apartment building of my own and have wanted to start a property management company for awhile now. Im also a Realtor and the company I work for owners approached me with starting a busi...

Property management and brokerage are two great tracks to work in. 

Also, did you model brokerage fees at sale when you exit?

Selling real estate as a broker/agent has a low barrier for entry. 

I have a brokerage so I took care of the purchase and rental.

After all my dues and brokerage start up fees I’m in it about $4,000.