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2 March 2024 | 21 replies
Most correspondence lenders will not want you to in addition get a fee.
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2 March 2024 | 5 replies
If you have a leasing fee you intend to charge, offer half to the Realtor each time they refer you a client (paid when the property gets rented.)
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1 March 2024 | 5 replies
If the building is evaluated at a conservative 10% CAP Rate, the value of the building is increased by $45,000.We’ve found this to be more readily accepted by our residents than simply charging a flat utility fee because it gives the resident more control of their costs.
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2 March 2024 | 8 replies
I am currently in SWFL and as some may know a lot of properties are getting bid up, some with as many as 50 or so bids on one property.I came across a wholesaler who is buying properties at the auctions steps and then has a set fee that he takes for the property.
2 March 2024 | 7 replies
Originally, I was listed as owner-builder on the renovation permit for Mechanical, Plumbing, and Building.
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1 March 2024 | 10 replies
I have an investor in NY who is doing this with me I bought the land and am deferring the GC fee.
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1 March 2024 | 19 replies
And is there an HOA fee?
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1 March 2024 | 8 replies
For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker
1 March 2024 | 5 replies
I have done it both ways with same results.....It can cost significant dollars to get them set up and there is a yearly fee that varies by state but can be pricey, especially once you have several....
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3 March 2024 | 22 replies
Eviction went to trial last week and that person just started making repayments for missing rent and attorney fees.