This entry treats wholesaling as a service performed for others: sourcing, negotiating, and contracting deals on behalf of investor clients, or running wholesaling operations as a service, rather than wholesaling on one's own account.
Log in to followBeen building the cost sheet for a first rental and the line that keeps breaking it is a $7,000 sourcing fee. My actual closing costs on a $150k house pencil around $4,200 in my m…
Still figuring out where to put money and I've been talking to two people who source for out of area buyers. They work completely differently and I want to understand which one I'…
I've been asked twice this month if I "do wholesaling" and both times I said no, then spent five minutes explaining that I get paid a flat fee by an owner to find and lock up a pr…
I'm mostly reading about notes so property paper is new to me, but a friend forwarded a sourcing agreement to see if I could follow it and one clause stopped me. It says the sourc…
Running two shapes side by side this year and I can't get a clean answer on which one I should standardize. Shape A: I sign the purchase agreement with the seller in my own name o…
Third one this year where the sourcing fee is quoted with a repair estimate included, and I keep going back and forth on whether I want that number from the same person who gets p…