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5 November 2014 | 9 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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4 November 2014 | 4 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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5 November 2014 | 11 replies
I have found that "good wholesalers" do not actually exist (unicorn style).In my opinion, the business model of wholesalers (get under contract and assign for a quick payoff) is not the max way to monetize the ability to find a good deal.I wholesaled my first property I found via direct mail and the second we closed I realized I just gave away (literally gave away) 20k.So I quickly found a better way to monetize the properties I found.I believe wholesalers only exist until they find a better way (usually requires a little capital/connections) to monetize the deals (like means to an end).For example, after my first wholesale transaction, I made 9k and my buyer bought a property worth 95k for 72k.Who in the heck would not buy that!!
4 November 2014 | 2 replies
What I am saying is unless the seller is extremely desperate and he/she will pay you to take the property (ex. property with environmental hazards, etc.), you must contribute one of the following to get a deal done:Land (The Deal): You can locate a really good deal, conduct the due diligence, draft the investment summary, locate a reputable property manager, obtain debt financing quotes and raise equity to close the transaction.Labor (The Expertise/Property Management):You can locate a capital partner who has a deal and provide property management services to increase the value and generate an attractive return to investors.
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5 November 2014 | 8 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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4 November 2014 | 8 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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5 November 2014 | 9 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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5 November 2014 | 12 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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5 November 2014 | 6 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.
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5 November 2014 | 4 replies
Many of us including myself talk about our strategies, styles, niches and business model on our website.