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Updated over 6 years ago,

Account Closed
  • Specialist
  • San Francisco, CA
30
Votes |
36
Posts

Out of State Deals For Investors

Account Closed
  • Specialist
  • San Francisco, CA
Posted

Hi Everyone!

I wanted to run this idea by a few of my fellow investors and see how I can structure this new service! Let's say I have 10 investors, a mix of fix and flip, buy and hold, and short-term rental investors who each give me their preferences on acquisition cost, cash flow, property specs, location, etc. I locate properties on MLS.com and various real estate marketing portals. I analyze the property, and estimate rehab costs (with inspectors and contractors), add a buffer for unexpected repairs, as well as an ROI comparison of setting the property up as a rental vs. selling the property.

If I am ONLY presenting the deal to the investor, meaning I am NOT buying the property myself or setting up any type of assignment, just "connecting" the investor to the property and running the numbers. What type of contract and fee structure would be considered “fair” for both myself and the investor, to ensure I am paid for all of the “pre-work”, i.e. property analysis, and what fee/commission should I charge if/when the deal is closed? Any thoughts, concerns, comments (please keep it positive), would be greatly appreciated! 

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