All Forum Posts by: Glenn Gayet

@Chris C. It seems like it would be completely plausible if people were willing to work for you. The biggest obstacle is why would someone in a different region of the country work for you and find properties for your business when they could do it working for themselves? 

@Troy Cole I am currently in the north Jersey area and I saw an ad on Craigslist and called the number. They said something about $97 a month to cover the cost of some software they use and the rest is free. The ad said your learn from a top real estate investor in the country, get all your deals funded, and have the potential to make $4K a week. I;m wondering if this could be Jay Morrison / Jay Morrison Academy? 

401K's are a scam. Get your money out of the 401K and into real estate. 

I'm just curious as to how big people have grown rehabbing businesses and how big people think is possible and/or economically makes sense. Nationwide? Across continents? 

Thanks.

@Benjamin Barredo Thanks Benjamin. Your input is appreciated. Also, I am building my buyers list through networking and doing everything through leg work because I have no marketing budget. So in terms of using a title company, putting down a deposit, transaction fees, ect, I'd have to maybe have the other person take 50% of those fees from my half of the assignment fee. Trying to think of ways to navigate this.

@Benjamin Barredo I'm with you. I'm new to wholesaling to the reason I'd partner with someone is so I can bring the deal and the other person can lead me through some of the other aspects of it like putting the contract together with clauses in it that cover you if you don't find an end buyer. For my first deal or two I'd be down to partner with someone that has done it before just to be sure I do that process correctly. I bring the deal and then once we agree it's a good deal we move forward. After the first one or two I wouldn't intend to partner anymore. I will be moving into a new market come May/June so right now I am trying to be able to recognize a good deal and take some form of action that creates money. Then when I move I'm all in. 

Thank you. 

@Brie Schmidt I was building my buyers list and texting an investor. He said if he wants the property himself we could do a finders commission and if we wholesale it together we'd split it. 

Hello, 

I'm new to wholesaling and I'm familiar with assigning the contract and double closing. I was also wondering about finders commissions? How do they work? 

I'm just curious of how many houses people flip per year. What is the most number of houses flipped per year that you have heard of? Thanks.