
3 April 2024 | 0 replies
I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program.

3 April 2024 | 18 replies
The biggest obstacle to overcome by far, is not so much that you need to find clients (although believe me, that's also difficult and is a constant effort until you're able to rely on referrals from past clients), but the customers you interact with need to trust you with their largest asset as a seller, and for one of the largest purchases they will make in their lives as a buyer.

2 April 2024 | 27 replies
Services like forming LLC, registered agent, state fillings...etc. doesn't spell value to me.

2 April 2024 | 10 replies
These are your clients and you tell them to find competent real estate agents?

3 April 2024 | 19 replies
I would look into getting a registered agent address lots of offerings for this type of service it will help a little with privacy and peace of mind but you can and will be found...For example my county took out the name search for property records but if you go to the tax claim bureau site you can still easily search by name and business name.
3 April 2024 | 3 replies
Now I’m in Brandon Turners A Better Life Tribe which I’m having some technical issues with but after about 10 weeks of not being able to use the site they seem to have fixed it and I’ve been able to use different services associated with it all along so not a total loss.

3 April 2024 | 3 replies
They are usually there to accept service of process in a lawsuit.

3 April 2024 | 2 replies
You could offer this as a service to the communities you are in to generate extra cash flow.

3 April 2024 | 7 replies
Compare what he will charge to build for you as a client and then bring up the partnership and see what the difference is.After that, run the numbers on what his townhomes across the street are selling for or what they expect to sell for.

3 April 2024 | 3 replies
It’s crucial to balance cost with the quality of coverage and service.