Tanner Sortillo
New Investor with $100k - Where would you start?
27 September 2024 | 47 replies
Then paid the Hard Money points using my commission and $5,000 in concessions.
Gabriel Zepeda
Wholesale/Referral Business Structure
23 September 2024 | 0 replies
They aren't W2 employees as we are commission based so, how much does the LLC provide them with protection?
Mohammad Murad
Seller doesnt want to pay realtor commission
18 September 2024 | 23 replies
The seller agrees to the price and now doesn't want to pay for the realtor commission.
Alex K.
Property Manager Question
25 September 2024 | 11 replies
We feel that it is unethical to retain the entire late fee but it is fair to apply the commission percentage (10%) to it.
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
When you get into larger multifamily, brokers typically do not share commission so you have to find the listing brokers and contact them directly.
Sarah R Pullen
Real Estate Financial Advisor?
24 September 2024 | 13 replies
Traditional financial planners make the bulk of their income from commissions on stocks and bonds, so real estate will often times get dumped into an "other" category that doesn't get the proper attention.In my experience, we did receive a lot of help from real estate agents that are able to help us with our upcoming transaction, HOWEVER, they aren't setup to support the overall plan design in a way that was centered around the most important financial kpis.
John Mason
Profit from flips if I have 250 K capital
23 September 2024 | 15 replies
Hi all, new here at the forum and thank you all for all the knowledge you guys share…its amazing.I am interested in this question as well as we just got back into this from like 10 years ago, few things have changed for us, and the main one is finding deals with whole sellers, sometimes the price looks good, but once we add numbers we are currently seeing that everyone else in the deal makes tons of more money than us….for instance, we have checked properties now, where we pay closing cost, interest on a portion of the borrowed money, commissions after selling the property, etc and we see 30-40k going out on all of this, then we barely make a 20k profit or less on a property of 200k …many of the deal we found we barely get close to a 10-15% of the initial purchased price, which to me sounds like a lot of hassle and my wife says that i am getting old and too picky :)i keep saying that ideally we should shoot for 15-25% profit from the purchase price…if i get a property at 200k and the rehab is 50 and everyone else makes 30k then we should at least net out 30k as well.
Don Konipol
Customers You Should Avoid
22 September 2024 | 11 replies
Since the owner was the type of guy who believes he's always right, the agent figured why not sell it at $150K if she's going to collect a commission anyway.
Ronnie Lee
The Virtual Realty Group - Flat Fee 100% Commission Program
16 September 2024 | 6 replies
The brokerage offers an appealing Flat Fee 100% commission program.
Michael Quarles
What to ask when a seller calls.
24 September 2024 | 6 replies
.”• I pay all the costs – things like Real Estate Commission - Title Insurance - Escrow Fees - Transfer Tax -Termite Clearance - Roof Certification – the list goes on and on..• And I buy them in an “as is” condition.