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Results (10,000+)
Mike Sfera New to REI; looking to learn and connect
13 December 2024 | 9 replies
One key tip as you begin is to connect with local investors who are active in the markets you're considering.
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
Lauren Cutchen Tenant keyed Stainless Steel Stove
6 December 2024 | 5 replies

Is there anything you can do about the scratch marks made all over a stainless steel stove? Functionally it works.. but dang. Deposit will take all of other damages left. 

Gerald Harris Avoid Most Of Your Real Estate Wholesaling Problems If You Follow These 5 Rules
12 December 2024 | 1 reply
Transparency is also key, along with a solid follow-up system that can make all the difference.
Joy McQueary Multifamily // Cash Flow & Appreciating Markets
13 December 2024 | 13 replies
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Wade Wisner Take Aways from 2024
12 December 2024 | 0 replies
Although management has always been the key to success or failure. 
Lorraine Hadden Should The Seller Reimburse Buyer For The Inspection Costs - Fixer Not Move-in Ready!
11 December 2024 | 5 replies
We (the buyers) notified our agent that the property must also be move-in-ready.We received images of the interior and exterior which showed the property in move-in ready condition/what appeared to be minimal to no deferred maintenance issues, the listing said "property inmove-in condition/turn-key".
Nadia Jones Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
Itay Heled Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
For the first 2, location and amenities are key.