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29 October 2018 | 14 replies
Not everyone really understands the duplex market in Dallas or the condo market in Houston, but all agents would love to have the commission check on either of those. :)@Shital Thakkar also mentioned that they should have active listings.
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25 October 2018 | 16 replies
Me I went with IB due to commissions mostly.
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5 November 2018 | 4 replies
Also, consider that even if your properties take little damage in a direct hit area the city will basically be out of commission for 12-24 months.
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31 October 2018 | 2 replies
Do some searching on this board to figure out if it's legal in your area, how to split/charge commission, how to protect yourself with a contract, etc.
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17 October 2018 | 5 replies
They usually will hire technicians who work on commission so already you will have someone who is motivated to charge you the very most he can get away with.
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17 October 2018 | 9 replies
They say that once they pay commissions and closing costs, they don't want to accept a price in which they'll "lose" (chuckles slightly).
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17 October 2018 | 2 replies
Let's assuming that after backing out commissions from a sale at $520k, I use that since price since that would make it a 6.4% cap, then I net a gain of $155k, then I'd need to target a cash on cash return of 6.1% or higher (my current return on equity).
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3 November 2018 | 35 replies
IF YOU ARE GOING TO PRACTICE REAL ESTATE, CONTACT THAT STATE'S REAL ESTATE COMMISSION & SIMPLY ASK THEM WHAT YOU CAN & CAN'T DO****Thanks @Jay Hinrichs I almost wet myself reading your SNAP flip comment.
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29 November 2018 | 1 reply
Best alternative to the traditional sale side of waiting on commission.
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18 October 2018 | 4 replies
You just need to run this through a filter and see if it makes sense to control an asset with zero bank involvement up front...and assess what structure of the deal takes on.I just offered on a 6-unit last night...and usually keep consistent opening terms for debt-free properties: 10% down, pay sellers closing costs and all document prep fees, pay realtor commissions, at or near list price (if it makes sense), 4-5 yr balloon, 30-yr amortization, 6-7% interest.