Robert Pole
Fix and flip partnership structuring
10 January 2025 | 1 reply
I’m thinks just pay him his regular price for the job and throw him 5-10% finders/gc fee instead of making a 70/30 split or something like that.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
The AMC charges a fee on top of the appraisers.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.
Joe L.
NJ Real Estate Licence
9 January 2025 | 6 replies
You can put your license in referral at most brokerages and pay no fees and still be able to do referral business.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Everyone that has more than 1 or 2 properties should have some kind of basic spreadsheet that demonstrates how much that property is bringing in after all your fixed costs are accounted for, at a minimum - PITI, lawn care, HOA fees, etc.
John Williams
Private Money Lending Gone Bad
16 January 2025 | 15 replies
It is very time consuming to get permit approvals and you may be in a position where you need to extend, pay fees, etc.. when your loan is past due.
Nathan Noorlun
Recommend Property Manager in Sacramento CA
4 January 2025 | 5 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Chris B.
ESA exemption option for small landlords
7 January 2025 | 4 replies
Charge a fee for the ESA.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
I have read in forums that upfront fees are generally big no-no's.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
17 January 2025 | 7 replies
I dont know anything about this company but it sure sounds like and advance fee scheme.