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Updated over 11 years ago,
Getting in on back-end residential flip profits as a broker
Hi all,
So I'm a real estate broker with a couple of different investors who have cash on hand and are ready to buy when the right deal comes along. I live in a great market and there really is not a lot of supply for good residential flip deals. However, when they do come along, they're generally a pain in the butt and I'd like to start building my worth so that I can begin investing...
What is the best approach to tell my investors that I'd like to be cut in on the back-end profits? I usually refer the listing out to my colleagues so I can focus on buyers/investors, plus I'd like to really start getting actively involved in the investment process, whether it's a flip or buy and hold deal.