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9 July 2024 | 3 replies
This entrepreneurial endeavor allows me to leverage my expertise and passion for real estate to create lasting value and support for those in need.
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9 July 2024 | 4 replies
In San Antonio, I hired reps for this type of thing and the model they told me their previous wholesale company paid was as follows:Acquisition rep responsible for finding their own deal, contracting it for the company, getting it to closing gets 30% of the fee generated by the wholesale.
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11 July 2024 | 6 replies
Real Estate is definitely not just a "numbers analysis" and you are definitely thinking about things the right way - but I think a good next step for you would be to spend some time putting a lot of this stuff into a (very) basic financial model/spreadsheets mapping out all the potential costs and estimates on effect (effect on value, on exit, different scenarios) - I think getting started with that framework should help with these decisions immensely
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11 July 2024 | 17 replies
If you are looking for someone to teach you syndication, a common thread is to start a thought leadership platform: podcast, post on LinkedIn, post on BP, create YouTube content.I would say, if you have almost no understanding of what Cap rates are, the basics of underwriting and excel modeling, how to find brokers, etc a mentor can help accelerate your learning.
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9 July 2024 | 7 replies
They seem to have a good business model and one of the owners is an investor himself which is definitely a plus, but they charge a leasing fee (to find and get a qualified tenant into the property) equal to 1 month of rent, which comes out to an additional 4%-8% on top of the monthly 10% maintenance/management fee depending on how long the tenant stays.
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8 July 2024 | 3 replies
In advance, I appreciate your time and willingness to share your expertise with a budding investor!
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12 July 2024 | 79 replies
The second question is what criteria do you use for deciding when it is the right time to expand your model to look at other opportunities that you may not have considered previously?
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10 July 2024 | 112 replies
Most investors can relate to Housing, whether they have expertise or not.
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12 July 2024 | 155 replies
Doesn't sound like it will be a particularly hard model to copy, and when the word gets out you could find 10 houses on the same block under cutting your prices by 50% or more.
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9 July 2024 | 8 replies
The whole financial freedom through real estate movement/model has been created on the back of artificially low interest rates following the Global Financial Crisis and that model won't work anymore for most unless interest rates or real estate prices in the US drop dramatically and most economists think they won't and for good reason.