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Updated 3 months ago on . Most recent reply

James McGovern's profile image
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James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern's profile image
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James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
308
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Wholesaling

Gouging wholesale needs to stop

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

An assignment fee if $10k is reasonable but asking for $40k or more is obscene and makes it virtually impossible for flippers to make money. This type of silliness needs to stop 

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Greg Scott's profile image
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Greg Scott
  • Rental Property Investor
  • from SE Michigan
  • Member since Oct 27, 2014
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Greg Scott's profile image
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Greg Scott
  • Rental Property Investor
  • from SE Michigan
  • Member since Oct 27, 2014
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Greg Scott
  • Rental Property Investor
  • SE Michigan
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Greg Scott
  • Rental Property Investor
  • SE Michigan
Replied

I disagree. (Note: I am not a wholesaler.)

If you don't like them making over $10K, then don't buy their deals.  If I get a great deal, I don't care what the wholesaler makes.   Let me buy all those great deals.

  • Greg Scott
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