Jessenia Hartage
Is investing in NYC a bad idea
3 July 2024 | 55 replies
LIC, Astoria, Jackson Heights, Woodside, Middle Village, etc.All the best to you on your search!
Jonathan Greene
5 Tips To Create A Real Wholesaling Business And Not a Chop Shop
2 July 2024 | 108 replies
With so little inventory and bid wars , and hundreds of showings of each property to some fake buyer who never intends to buy house, I don't think Erics in this game are in any particular disadvantage compared to "licensed" REAs (licensed is in quotation marks, since a lot of people seem to put too much significance into obtaining it, as if it was a law degree from Ivy League school).
Jon K.
How much do you pay for drywall guys?
1 July 2024 | 58 replies
He's kind of timid about pricing and usually comes in the middle of the range.
Account Closed
How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.
3 July 2024 | 20 replies
They adhere to a strict code of ethics and are often members of national and local real estate associations.The Process:Property Listing: They list properties on local Multiple Listing Services (MLS), exposing them to a broad audience of potential buyers.Client Representation: Realtors represent either the buyer or the seller, guiding them through the transaction process, ensuring legal compliance, and striving for the best deal for their client.Commission-Based Earnings: They earn through commissions—predetermined percentages of the property’s selling price.Wholesalers: The Middle-MenReal estate wholesalers seek out off-market properties, secure them at significantly low prices, often through a signed contract with a seller, then "assign" or sell that contract to an end buyer for a higher price.The Process:Property Hunt: Wholesalers look for properties often not listed on MLS, sometimes requiring significant repairs or distressed sales.Under Contract: They negotiate directly with sellers and sign a purchase contract, with no intention of actually closing the deal themselves.Assignment of Contract: Wholesalers then sell this contract to an investor or end buyer at a markup, pocketing the difference as their profit.Divergence Creates TensionThis fundamental difference in operations sets the stage for conflict.
Reina Phee
Cold Calling Preforeclosures
30 June 2024 | 9 replies
You aren't acknowledging that you are just a middle person with no money so you are starting with an untruth, the quickest way to get someone to hang up on you.
Zachary Sakena
Subdividing with conventional mortgage loan
29 June 2024 | 8 replies
Perhaps there is a middle ground where the $145K balance has to be accelerated down a certain amount for the lender to be comfortable with the release of the subdivided parcel.
Don Konipol
Correcting the Top 10 Mistaken Beliefs About Wholesaling
29 June 2024 | 12 replies
That's why I get paid a fee in the middle at closing.
Quintin Green
Business Cloud Storage
27 June 2024 | 3 replies
I am actually in the middle of creating my own cloud storage space.
Anastasia Jordan
Counter Offer on Tax Sale Properties (Alabama & elsewhere)
28 June 2024 | 46 replies
For instance, two parcels have high power lines running through the middle which is great for hunting but spectacularly poor for development.Is quiet title faster if I have adjoining parcels that were under the same name previously?
Anita Z.
Sell Central Valley Rental and move equity to San Diego rental?
27 June 2024 | 11 replies
@Anita Zuniga, You're in the middle of a "Purse strings" v "heart strings" moment.