All Forum Posts by: Kevin Hill

Lombardo Environmental out of Elmwood Park and Advanced Tank Services are both good.

@David Michael $5 million works for RE/MAX! There is a newer RE/MAX office in your town of Closter. I work out of the one in Westwood. 

There is a 100% commission brokerage called United Real Estate. They have an office in Fair Lawn and a new one coming in Ramsey. I believe they just charge you per transaction. Many of the agents I see going there, aren't well established agents and I wonder myself about the business model sustainability.

Keller Williams has a 70/30 split. You pay a 6% royalty until you cap on that. I believe you cap at around $3000, then its a full 70%. Once you hit a sales volume of around $4.9 million (don't know if you are selling that much, you get a 100%. You pay $30 monthly for E&O insurance and $35 for a technology fee. They offer profit sharing if you recruit other agents and they produce and the office is profitable that month.

I left KW and I am at RE/MAX. They have different commission split options that come with various desk fees. They have 70/30, 80/20, & 94/6 split options. I would only recommend RE/MAX if you are doing a decent amount of volume.

Hope this helps.

Sorry, it’s back under contract. Could fall through though if we don’t receive the sheriff’s foreclosure deed by 2/15.

The MLS isn't a good source for multi-family apartments. You need a commercial real estate site like Loopnet.

Make the real estate brokers you are contacting are commercial brokers. 

Welcome to BP! I grew up in Fair Lawn. Good area to flip in, especially if you like doing add-a-levels to the many cape cods they have there. 

Back on the market! This foreclosure listing needs extensive renovations or knock down and build new. Located on the exclusive East Hill section of Closter. This property has a large, deep lot. For more pictures and information, please click here: 579 Closter Dock Road, Closter, NJ 07624

Needs new carpeting, kitchen appliances, bathroom updates, and a new hot water heater. Home is decent shape overall. Could make for a good Air BnB opportunity as its located in the Highland Lakes community which offers a clubhouse, beaches, sailing, fishing, live music, billiards, and dining. For pictures and more details, click here.

Fixer upper perfect for a real estate investor or an owner occupant looking to restore this charming home back to its original glory. Set on over 1.4 acres, this home has almost 2,000 square feet of living space. Other features include a stone fireplace, 2 car garage, skylights, and enclosed porch. Due to the current condition of the home, seller will only accept all cash offers or buyers using an FHA 203k loan. Sold in 'as-is' condition. Buyer responsible for obtaining Certificate of Occupancy. For more pictures, click here

You would be lucky to find something that even met the 1% rule in those areas. Those are all high end areas for the most part. I would look for something that just had positive cash flow. Or look for something you can really add value to (ex ability to add a bedroom, add square footage or rehab).