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All Forum Posts by: Mickayla Smith

Mickayla Smith has started 3 posts and replied 4 times.

Post: Gaining Investors through Website

Mickayla SmithPosted
  • Evansville Indiana
  • Posts 4
  • Votes 0

Does anybody have any experience with setting up a website and accepting investments through that website? Example: an individual visits the website, reads about our investment company and the real estate projects that are needing investors to be completed, that individual clicks on it, selects/enters amount wanting to invest and they enter their card number in. 

Is this a smart way to get investors involved in projects if say they aren't able to attend an in person informational meeting? I'm looking for multiple ways to get people involved and this popped into my head. 

All feedback is welcome!

Post: New Real Estate Agent Opp.

Mickayla SmithPosted
  • Evansville Indiana
  • Posts 4
  • Votes 0

Not positive yet. All details havent been worked up yet. I'm trying to find anybody that has done anything like this before to see if there are any conflict of interests. 

Post: New Real Estate Agent Opp.

Mickayla SmithPosted
  • Evansville Indiana
  • Posts 4
  • Votes 0

I've decided to start studying for the real estate license test. At my full time job, I was asked to be the "go to agent" when they are looking for a house to flip and sell (They are investors). They are working on writing a contract for how much I would get each house I sell for them, etc. Does anybody have any experience with this? I know it is required to work under a licensed broker for 2 years (which they are not) but I would not be a full time realtor which I know is difficult to do. Really, the idea of it is, they find an abandoned house, I find the owner and we buy it, they flip it, I sell it. Trying to figure out if I need to start looking into brokers or if a broker will even let me do this as well as being part of their company. 

Thanks!!

Post: How do I actually make money wholesaling?

Mickayla SmithPosted
  • Evansville Indiana
  • Posts 4
  • Votes 0

Looked into wholesaling to start out with in the real estate investing industry. From my understanding, as a wholesaler, you are getting paid to find somebody a good deal. If this is correct, how exactly do you get that money? For example, if you find a deal for $10,000 and know a buyer that would be interested and sell it to that buyer for $12,000, that $2,000 goes to you as the deal finder but how exactly do you get that $2,000? Do you simply say in the open "I'm charging you $2,000 for finding this deal" and they write two separate checks? Maybe I am completely off on wholesaling but I was really interested in it after I heard a couple podcasts about it, so I wanted to get clarification before I go out searching for buyers and deals. 

Thanks!