
9 February 2023 | 1 reply
Low commissions for home sellers can be problematic for several reasons:Reduced Marketing Effort: Low commission rates can result in reduced marketing efforts from real estate agents, who may prioritize higher-paying listings.Less Experienced Agents: Home sellers may be more likely to work with less experienced agents who offer lower commission rates, reducing the quality of representation they receive.Reduced Access to Resources: Agents with lower commission rates may have less access to resources, such as professional photographers and stagers, that can help sell a property more effectively.Incentive for Quick Sale: Agents may be more focused on closing a sale quickly, rather than maximizing the sale price, in order to make up for the lower commission.Reduced Representation: Agents with lower commission rates may be less invested in the sale and may provide less comprehensive representation and advocacy for the homeowner.Overall, low commission rates can lead to reduced marketing and representation efforts, potentially hurting the sale price and making it more difficult for homeowners to achieve their goals.

2 January 2020 | 13 replies
It includes, among other things, a comprehensive map of the Cleveland area, grading each area from A+ down to F, using a consistent, objective and transparent methodology using publicly available data.

25 October 2021 | 4 replies
Main motivations for getting a RE license are two-fold: formalizing the education through coursework/testing and to be able to purchase property (starting in NY) more independently.Totally aware added costs of advertising/marketing, etc, interested if there is a comprehensive list/resource that outlines any additional costs/steps after getting a license in order to start buying independently.

21 June 2021 | 35 replies
"Yo Jerryll, you are handsome beyond comprehension, it is nice to meet you.

9 May 2022 | 11 replies
My Proper policy is very comprehensive and some that I have compared it to don't have the same coverage.

4 August 2021 | 13 replies
I would like to think we are awesome wholesalers, and this is how we do it:Buyer's side:Submit a comprehensive list of interior pictures, exterior picturesSubmit pictures of all the things wrong, that needs fixing, or updating, with a description of what is wrongSubmit 2 to 3 properties you have comped to arrive at the numbers, and then make sure they know it is their responsibility to verifyCreate a clear, easy to absorb standardized cheat sheet that summarizes all the numbers, including cost of repairs, ARV, estimated profits condition of the houseCreate a list where you describe the age and condition of the furnace, boiler, water heater, oil tank and all other mechanicals.Describe heating source, gas, oil electrical.Make sure they know your rules, deposit, protocol for visiting the house etc.Let the seller know you are going to put a lockbox on the house and have this written and stipulated in the contract, to make it easier for buyers to visit (in case the house is vacant).Be careful not to do the unnecessary, like figuring out if there is a buried oil tank.

12 April 2019 | 148 replies
And the commercial underwriting program is the most comprehensive I have ever used.

20 March 2023 | 1 reply
By following these steps and creating a comprehensive plan, you can demonstrate your preparedness and increase your chances of success.Additional Tips for Writing a One-Page Business PlanHere are some additional tips to keep in mind when writing your one-page business plan for private money lenders:Keep it concise: Remember that the purpose of a one-page business plan is to provide a quick and easy-to-understand overview of your investment strategy.

7 June 2018 | 70 replies
In addition to this, the deposit gives you access to the following:a.Advanced Deal Analysis Software – enter the purchase price, rehab costs and After Repair Value and we’ll give you a comprehensive break down including costs, net profit, and potential cash to close.b.Access to Proof of Funds – 24/7c.Contracts and Checklistsd.Additional Tools & Resources to help you avoid common pit falls in evaluating, rehabbing, negotiating and reselling the property.e.Your first evaluation is covered with the deposit.f.If the needed funding is more than 70% but it’s still a profitable deal, we’ll work with you to potentially wholesale the property and still make money on the deal.g.The remaining $1850 is rebated back to you once you resale your first property.8.Just like every other Hard Money Lender, one of the biggest challenges is helping new investors get dialed in on establishing accurate After Repair Values.

14 December 2022 | 13 replies
Mike DelPrete, the guest on the show, published a comprehensive report on iBuyers in 2022.