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I've been working through the pre-licensing hours and doing some scouting on the side to have something going on. Found a duplex with a boarded window and a code violation posted,…
I've been reading this room for a while and I think I understand the basic idea. I find a house, I tell an investor about it, they do the deal, I get a fee. What I'm stuck on is s…
Numbers first because otherwise this is just complaining. House A: 2,100 sf, framed and dried in as of three weeks ago. Lot cost 95k, hard cost budget 312k, spent 218k to date. Co…
I've got a list of four lots I'm watching and I've been reading about the owner-builder permit. The way I understood it, if I own the land I can pull the permit myself and hire su…
Nobody will give me a straight number on startup cost, and I've been at this half a year with nothing closed. The videos say almost nothing, which I don't believe, and then the sa…
Parcel is 9.6 acres, contract at 61,000, and I had it penciled at 84,000 to a small builder who wanted three lots out of it. Then I read the zoning table properly. Zone allows 3 a…
We've been going back and forth on whether to add a licensed buyer-side person to our small service team rather than referring everything out. What I don't have a handle on is the…
Signed an exclusive right to represent in January. Six months, area described as "the metro area and surrounding counties," 2% of purchase price. I read it, understood the words,…
Under contract on a 1,480 square foot three bed two bath in a 1978 tract subdivision, midwest, inspection cleared with nothing structural. Original kitchen, carpet over slab in th…
Coming from a totally different career so forgive me. I read somewhere that a flip is cosmetic as long as you don't touch plumbing or electrical, and that if you don't open a wall…
Vendor sold me what they called exclusive motivated seller leads, $200 each, minimum 20. Their pitch was that everything came from paid ads, so these were owners raising their han…
I have a script draft and I keep rewriting the same line. Option one, I say up front that I'm an investor, I buy at a discount, and I may resell or pass the contract to another bu…
I have a contract at 104k with an end buyer at 131k and my title company wants to know whether the seller has been told there's a second settlement happening an hour after hers. N…
I'm working out the economics before I try to do this rather than after. Say another wholesaler brings me a contract with a $12k spread built in, they've done the acquisition and…
A guy I met at a local meetup has three contracts he can't move. Small houses, 90k to 140k range, all needing work. He offered me 40 percent of whatever fee I bring in if I find t…
Twelve acres with a tired 1960s ranch on it, notice of default recorded, first mortgage payoff 214k. As-is the whole thing is maybe 235k in that market, so on as-is numbers it's a…
I do renovation work and I'm trying to understand the pre-foreclosure side properly before I chase any of it. The part I can't get past: the whole pitch is that the owner is about…
The dead zone worry that keeps coming up is that investors sit on their hands through 2026 because the enhanced benefits attach to the new zones starting January 2027. Advocates h…
Looking at this from the loan side rather than as a buyer. If the seller agrees to cover the buyer agent fee as a credit in the contract, that credit is money moving from seller t…
Since the offers of compensation came off the MLS, the information did not disappear, it moved. Listing agents post it on brokerage sites, some MLSs run a separate non-public fiel…