All Forum Posts by: Diego Murray

Hi BP family. 

I'm looking to 100% deep dive into anything and everything real estate. For starters, I'm looking for real estate related work to maintain a living income and learning experiences. I've compiled a list of 50+ respectable companies in my area. How would you recommend I approach established real estate companies to make an introduction without appearing needy for an entry-level job? 

I believe in give first and ask later, but find myself having trouble being able to offer real value from the get-go. Currently living in Vero Beach, FL but willing to commute or move to Port St Lucie, Stuart, Palm Beach Gardens, West Palm Beach, Boynton, Pompano Beach, Fort Lauderdale, or Miami.

Thanks,

Diego Murray

It is to my understanding that if I found a great deal on a property I could negotiate one of two outcomes with an investor.

1. If the investor's goal is to wholesale or flip the property I would state in a written agreement that my fee would be a percentage of realized profit. 

2. For the long-term investor seeking fixed income from rents, I would state in the agreement a percentage of cashflows.

What are reasonable percentages for either of these scenarios? 

What are some factors that could cause these percentages to fluctuate? (Perhaps the property is 20% undervalue or there is a significant ARV. )

Can you please give some different examples and likely outcomes for the Deal-Finder and Investor?

(I do not yet have an RE license and am aware of Futersak v. Pearl outcome)

Thank you,

Diego M.