Discussion
License or insurance if I'm only the JV partner?
Working out what the first deal actually costs and this keeps coming up. The plan is I find the seller, sign the contract, and an experienced wholesaler with the buyers does dispo…
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Joint-venture wholesaling is the practice of two or more wholesalers partnering on a deal, splitting the work and the fee.
Log in to followWorking out what the first deal actually costs and this keeps coming up. The plan is I find the seller, sign the contract, and an experienced wholesaler with the buyers does dispo…
Just started, everything is new. People in this space say JV about about four different things and I can't tell them apart. Someone told me they JV'd a deal and all they did was t…
Came from the construction side, so I know how to look at a house and price the work. The investing paperwork is new to me. I've got a seller lead through an old GC contact, tired…
Renovation is my day job and I'm working out the acquisition side. Two different wholesalers here have offered the same arrangement: I find the seller and lock up the contract, th…
Under contract at $142,000, ARV somewhere around $215,000, needs maybe $30k of work by my numbers. Dispo partner says he has a buyer at $158,000, so $16,000 spread, 50/50. Fine. W…
A few deals in and I'm hitting a ceiling on dispo, so I'm looking at JVing my contracts out instead of sitting on them. Before I commit I want the real cost sheet. I've seen peopl…
Still building my seller list, so this is theoretical, but it's bugging me. Say I lock up a contract and JV with a wholesaler who has the buyer. Assignment fee is $10,000, we agre…
I ask the questions I'd be embarrassed to ask out loud, so here's one. I have two contracts I can't move, small fees, maybe $12,000 combined if they close. An operator with someth…