
24 September 2015 | 5 replies
The best advice is try to stay away from mutual funds that charge sales loads (commissions) and look for funds from Vanguard or Schwab that keep their expenses low.

15 December 2015 | 23 replies
Down here in Texas, I use the Texas Real Estate Commission (TREC) contract.

1 January 2016 | 8 replies
Commissions are the usual and customary charge for services, how does an agent justify charging more for the same basic service?
4 January 2016 | 9 replies
Its much better then a year or two agreement off the back and they want commission of any r.e. transaction of yours in that time frame even if they haven't done squat for it.

12 February 2016 | 3 replies
Commission, transfer cost, title, interest on the unpaid balance.Too many unknown factors not in your favorCharles......auctioneer

19 February 2016 | 5 replies
Is your $70k profit net of realtor commissions and taxes?

17 February 2016 | 1 reply
Maximum Purchase Price Formula:Purchase Price = After Repair Value - Buying Costs - Holding Costs - Selling Costs - Repair Costs - Repair Contingency - ProfitExample: ARV: $200,000Buying Costs - Perform a detailed calculation of Buying costs Brokerage fees, inspection costs, appraisal fee, title costs, lending closing costs & points, etc.Buying Costs: 1 to 5% (depends on closing costs/points required up front)Holding Costs - Multiply your monthly holding costs by your holding period Loan payments, property taxes, utilities, insurance, HOA dues, maintenance, etc.Typically, 2 to 6% (depends widely on financing/loan payments & length of holding period)Selling Costs - Perform a detailed calculation of Selling costsRealtor commissions, seller assisted closing costs, brokerage fees, home warranties, title costs, etc.Typically, 6 to 10% of ARVRepair Costs - Walk the property and create a detailed scope of work of what needs to be repaired, replaced & remodeled.
2 March 2016 | 10 replies
The pay structure is commission based and will require a lot of my time, effort, attention and focus.

30 November 2015 | 12 replies
I also brought in the brokers who put in their commission into the deal of about 300k.

17 December 2015 | 49 replies
The projected numbers were: Purchase price: $27k Acquisition costs: $4kRehab: $33kHolding costs: $3kClosing costs/commissions: $8kSale price: $105kProfit: $30kWhat killed this deal was a combination of going over budget by about $10k, but more importantly, the area in which this home was located.