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13 December 2024 | 13 replies
I am very big on building equity, largely due to my career situation.
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13 December 2024 | 9 replies
Quote from @Trevor Finn: Hey @Michael Wentzel,Congratulations on an impressive real estate career thus far!
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15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
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14 December 2024 | 36 replies
The only ones who are benefitting are the associations in taking your hard earned money.
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18 December 2024 | 45 replies
I started my OOS HML career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..
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13 December 2024 | 2 replies
I'm considering converting the shed into a DADU to maximize the use of the space and earn some extra income.
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22 December 2024 | 24 replies
This is all indications of a super sensitive earnings, extremely sticky projected inflation, and the bond market being way in front of the Fed.
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11 December 2024 | 1 reply
When staff members are well-informed, they understand the situation better and can assist in the transition process.Throughout my career, I have followed these principles of transparency when selling properties.
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7 December 2024 | 1 reply
Hello BP,I've been working as a Gov contractor providing Cloud Engineer services for a while, but my true passion is commercial real estate. I would like to branch into commercial leasing with a government client nich...
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24 December 2024 | 44 replies
The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.