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7 January 2020 | 4 replies
I've been able to automate things with the city i.e. taxes, utility bills, permits along with "case management" for assigning contractors for quick solutions.
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12 January 2020 | 60 replies
It allows you to move onTough love statement?
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9 January 2020 | 4 replies
He was "contributing" money by bringing me the deal at a discount and could've have assigned it to another buyer for more money (which I think is probable)2.
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10 January 2020 | 4 replies
At this point just waiting on the payoff statement to come back from lender.
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30 January 2020 | 44 replies
You can obtain cap rate from local commercial brokers, property managers, bankers, etc.So the statement "...increase the value of a property to lower the cap rate.."
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10 January 2020 | 12 replies
That's all wholesaling is as it's taught in these programs, it's brokering real estate except instead of being up front & telling the distressed seller that you'll sell their property for X amount & take X amount as your commission / fee you are taught to lie to the seller & pretend you are going to buy the property while you secretly attempt to "assign" your contract.It doesn't work.
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24 January 2020 | 17 replies
Also it is a bit of a hassle keeping track of multiple insurance policies, tax statements, and mortgage information for multiple properties compared to a single one for a 4-plex.Overall, both strategies are great, and I would gladly buy more small multi-faimly or single family homes if they meet my criteria.
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11 January 2020 | 3 replies
Hello EveryoneFor the majority of my Wholesaling Career I relied on realtors and other investors deals to share with my buyers I have never done an "Assignment" most my fees were referrals but as of late I just sent out my first 3000 piece direct mail campaign and does not have a clue what to do next.
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11 January 2020 | 12 replies
When there is a "capital partner" and a "doer partner", than I suggest you assign a value for each.
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14 January 2020 | 13 replies
Additionally pay attention to assignment rights in the lease and if at some point the guarantee burns off or they can transfer the lease to another tenant and leave and be released off the hook.