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All Forum Posts by: Todd Burrows

Todd Burrows has started 1 posts and replied 6 times.

Post: Boca Raton meet up or tips on real estate license

Todd BurrowsPosted
  • West Palm Beach, FL
  • Posts 7
  • Votes 7
Quote from @Jon Huber:

@Giovanna Jeanina Joubert welcome to Boca Raton. I am in Boca as well. We have a coffee meetup that meets the second Saturday of every month in Delray Beach. Let me know if you’d like more details, as this isn’t the forum where I can promote it. 


 Let me know details, specifically the time & place. I'm in West Palm Beach.

Post: Finding REO Properties

Todd BurrowsPosted
  • West Palm Beach, FL
  • Posts 7
  • Votes 7

THese days most REO properties get listed in the MLS by a broker. 9 times out of 10 that agent specializes in REO's, which means you'll see their name in the REO game. Treat them as a property source.

Post: Cost Segregation Studies in Broward County

Todd BurrowsPosted
  • West Palm Beach, FL
  • Posts 7
  • Votes 7

Julio Gonzalez with Engineered Tax Services is in West Palm Beach, Florida. Just a bit up the road from you, but worth a call or reach out on LinkedIn at https://www.linkedin.com/in/ju...

Post: KPI's on wholesale transactions

Todd BurrowsPosted
  • West Palm Beach, FL
  • Posts 7
  • Votes 7
Quote from @Todd Burrows:

If you averaged the dollar volume of closed wholesale transactions in 2021 & 2022, what is your average assignment fee % across all transactions closed?


10K assignment fee is common. Also there are some higher and some lower, especially when price point is localled adjusted. For that reason I'm interested in the fee percentage based on a wholesalers totality of closed transactions in 2021, 2022 or a combined 2021 & 2022.

Post: KPI's on wholesale transactions

Todd BurrowsPosted
  • West Palm Beach, FL
  • Posts 7
  • Votes 7

If you averaged the dollar volume of closed wholesale transactions in 2021 & 2022, what is your average assignment fee % across all transactions closed?

Post: Boca Raton meet up or tips on real estate license

Todd BurrowsPosted
  • West Palm Beach, FL
  • Posts 7
  • Votes 7
Quote from @Giovanna Jeanina Joubert:

Hi there, 

I’m going for my real estate license, preferably in a classroom. And am looking for tips on which course/school to pick. 

Also, if anybody is interested in being bought a cup of coffee, and talk real estate, count me in!

I just moved to Boca Raton from Portland, and before that from Amsterdam. Would love to connect.

If you're obtaining your license to focus on brokering investment real estate deals then welcome to Florida! However, if you're an investor and want to take advantage of the commissions side of your own investment transactions I caution you against obtaining your license. A real estate license means by law you're responsible for knowing everything related to real estate. The days of claiming "I didn't know that" vanish. You can be held legally liable for mistakes. Not to mention other Realtors are often reluctant to put deals in front of you. No matter which route you take I wish you the best of luck to you in your endeavors.

That said, Goldcoast School of real estate is a good option. I'd encourage you to also take their Exam prep course. 

https://goldcoastschools.com/c...