All Forum Posts by: Account Closed

Curt Davis that makes sense. Have you ever known any wholesalers to end up with the house in their possession(from buying it after not finding a cash buyer), and flip it to make a profit? Or is the whole end game for a wholesaler to get rid of the property asap?

Novice question: what happens when you have the house in contract and you can't find a buyer? Do you stick with the house and hold it? Sell it... Etc...

@Steven Hamilton II  all of my locations would be rural bible belt America. Arkansas, Louisiana, Mississippi. I have some incredibly bright friends that work for pretigious accounting firms currently, but I don't know 1) if I want to hinge very good friendships on business, & 2) if that would put them in a conflict of interest situation of some sort.

Very general question for you @Steven Hamilton II , what is a going rate for a tax accountant that is more specialized in the Real Estate field?

Before I graduated I took a taxation class. Don't get me wrong it was great. Learned a lot about a lot, but absolutely nothing about taxation on Real Estate transactions. Does anybody have any books they would recommend to learn this aspect of the business?

Is learning to be advanced with Argus software and OSCRE a must for commercial appraisers? Which leads to my main question, would taking classes to become advanced in both of those give me an advantage in the marketplace among my young beginning peers?

@Bob E. @Jerry K. thanks for the responses! Although it wasn't until after I posted this question that I realized my state doesn't sell tax liens. I am close to the borders of 3 other states so I could try there... Have either one of you had any experience with online auctions?

@Joel Owens have you had different experiences with appraisers that get paid salary vs. ones that get paid via fee split? 

I'm about to start a job as a junior appraiser for a CRE firm. Really trying to get a jump on my peers! My question to buyers is what was your experience with CRE appraisers? What things could appraisers do better? What do you see as unneeded? Etc...

I'll take any info you have on CRE appraisers, since that's what I'm going to start out in the commercial industry doing