The rates are high/variable though so you need to be careful/conservative.

@Derek MorrisonIt sounds high… but we don’t know anything about each unit… size in tons, furnace specs, etc.  

So we got a fairly serious offer from Pace Morby a couple years ago. 

Networking, Valuation, and Market TrendsBuilding a robust network is essential for thriving in the competitive land investment market, particularly in high-demand areas like Paradise Valley and Scottsdale.

In that situation, would you just try to find someone trustworthy enough to give you a referral fee say, instead of a formal contract assignment and have them just write up the offer so you aren't tied to it?

Acquired for $154,000 and resold for $185,000 on the same day, the deal offered excellent profit margins with minimal holding time.

Acquired for $155,000 and resold for $250,000 the same day, the deal offered excellent profit margins.

I highly recommend speaking with a financial advisor or your current advisors then bring a tax professional into the conversation.

For any of you medium to high volume flippers, I'm curious as to how you compensate your Project Managers.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.