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21 September 2024 | 1 reply
I stress that these are 100% third-party independent deals, I get no commission or referral fees, they are simply big enough deals that there is plenty of space for other people, so it costs me nothing to share the done due diligence.Over the last month, a group of us have been doing due diligence on Zero New Boston (https://lnkd.in/g5bdR56v), Woburn, MA.
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20 September 2024 | 10 replies
The biggest difference between brokerages will be splits and fees, and the support you'll get.
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20 September 2024 | 6 replies
Is it worth the $15/month fee for one property ?
20 September 2024 | 6 replies
Yes - I believe that odds are better at making an NFL roster than sustained modest six-figure success in wholesaling.Most of this industry is filled with broke no income no job, no assets types who paid a large educational fee to one of the ~5-20 major gurus in the space and will never make meaningful income.
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20 September 2024 | 3 replies
Ask what info you need from each other to learn their process and what fee they will pay for deals that close.
16 September 2024 | 1 reply
I have a good knowledge of the craft but have recently found out about a non refundable due diligence fee on top of a refundable EMD.
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20 September 2024 | 7 replies
The problem is that it seems that it will be very difficult to generate even a neutral cash flow given the high HOA fees, taxes, and insurance in Florida.
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16 September 2024 | 13 replies
Do fees go up or down with less competition?
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20 September 2024 | 3 replies
There are lenders who will let you pull out 75%-80% or so, possibly based on rents vs your own income if you don’t qualify that way, but their rates and fees will typically be higher than conventional loan products, and you may need rental history to go that route.
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19 September 2024 | 3 replies
I'd say 90k for purchase, 20k for rehab, 10k for closing costs, commissions, fees, other mystery and unexpected fees and things that come up.