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12 December 2024 | 2 replies
Centralized Document Storage with Access ControlHave a secure, centralized system to store, organize, and share all company documents (e.g., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.
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1 December 2024 | 2 replies
What’s the best way to secure a deal, and not encounter with another wholesaler going after the same property.
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10 December 2024 | 0 replies
Or even missing out on securing a better deal, higher price, or greater return but did not do so, often due to a lack of negotiation or oversight.
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5 December 2024 | 7 replies
We have tight contracts and tons of email correspondence for a claim, if there's even any money left at this point.
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10 December 2024 | 1 reply
I sourced the property off market and secured seller financing, and I also self manage it as an Airbnb host with nothing but 5 star reviews.
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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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10 December 2024 | 14 replies
My strategy has been to grow aggressively (by using as little of my own money as possible) to secure good assets, and once stabilized, then work to pay down loans to own them free and clear sooner rather than later.
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17 December 2024 | 42 replies
They made the bank think that Joe wouldhave to do the collections and secure the collateral.
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9 December 2024 | 1 reply
That's how security issues gets fixed.
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10 December 2024 | 2 replies
My main concern is whether it's hard to meet their criteria for properties and secure funding.