John Reid
Team VS National Brokerage VS Boutique Firm
28 April 2017 | 2 replies
60/40 comm split, guaranteed buyers lead, lots of help and structure, DOWNSIDE, all deals are put under the lead agents name, if I leave I don't get to take any of my clients brought in, and i'm not building my own brand/business, essentially just helping build someone else's business.B) Go independent with a large national brand, 70/30 comm split to start, plenty of training options, office fee's seem reasonable.
Mark Ferguson
Update on 2016: 14 flips sold, 15 bought, 4 under contract
15 November 2016 | 19 replies
American made uses no gas or oil...
Brittany Smeek
Are you obligated to buy on a wholesale?
16 November 2023 | 30 replies
That's, essentially, what 90% of wholesalers are doing to people.
Rob Cook
Are you Stuck in Neutral, unable to get started in RE investing?
23 April 2018 | 40 replies
Getting Started in RE investing, essentially.
Bob Malecki
Significant Modification and Phantom Income
7 May 2018 | 9 replies
Essentially as I understand it, the IRS may view the mod as a 'new loan' there is a taxable gain from the cost basis of the NPL to the UPB.
Ellamarie Taylor
Extremely new California Rookie looking to invest out of state
10 August 2018 | 25 replies
something that helped me was to get a great PM on your side before you pull the trigger (hence promise them your future business), they will keep you out of the wrong side of town, give you realistic area rents and tell you what's trending, meaning what are young families looking for etc...then after everything is in place go the extra mile and spend time locating a local handy man you can pay yourself independently, typically an older gentleman who works for himself, make sure he's not affiliated with your PM, he'll be the guy you send to look at things to make sure your PM is keeping a tight ship, essentially another set of eyes, who can look at the bigger ticket works orders before you order them...so just tell your PM you have a friend who you like to send over to see the bigger issues...for example: i can tell you that i've avoided $4k HVAC replacement orders several times, given some AC people are dishonest...an issue arose at a house they sent the AC people and they wanted to replace ...but I call my guy before doing anything, so my guy goes in and identifies and even fixes a much simpler issue, in 2 cases replacing the Capacitor ...a $30 battery pack that fits onto the outside Unit...that's just one example...cost me $100 all told, these issues will kill your cash flow, and your PM may simply not have time or bandwidth to double check everything etc...
Jason R.
Self-Directed IRA Investors
24 July 2019 | 24 replies
We have essentially 'used up' our funds in those accounts for buying about 10 units.
Account Closed
Tiny Home Community Movement
19 August 2018 | 15 replies
Plus, the tenants are paying $600 lot fees in what is essentially an RV park.
Genny Li
Does no one replace their water heater anode rods?
2 September 2021 | 23 replies
My last work van, went in for an oil change and they told me it was leaking a tiny bit of oil.
Ryan D.
How do I protect myself in a duel escrow?
19 September 2019 | 6 replies
What essentially will happen is the first transaction will close and then immediately yours.