All Forum Posts by: Michael Gee

Thanks for the info Quila.  There are alot of perks with this business I see!  

Thanks for the advice @James Wise! its definitely a plan I'm interested in pursuing.   

Hi @James Wise

I was thinking of lead generation through direct marketing, and refering those leads to other agents for a fee when the deal closes.  It's very similar to wholesaling, which is what I do now but less work.  I haven't created a business model yet but I'll probably send some letters out to sellers to compare the results.  

Thanks guys for the input!

Hi all! I have a question about receiving referral fees from other agents and brokers. From what I understand, an agent can pay a 20%-30% referral fee to another licensed agent. Are there agents who make a living/business doing just referral fees? It's almost the same as wholesaling as far as marketing goes but I'm curious to know if agents can just refer leads out for a fee.

You can order "The Language of Real Estate" by John Reilly on Amazon for around $5.  Its basically a dictionary but goes more in depth with certain concepts.  

Thanks Shiloe Bear for the clarification!

Hi all, I am curious about how investors finance 6-10 multiunit properties and up. Would an investor pay cash for these properties, or is it almost always financed through a loan? If some are paid in cash, is it possible to wholesale properties that are big multiunits? Seem a little daunting so I'm wondering if someone has experience doing it. Thanks

You have to use the email to app intergration with podio to get calls into the app you setup..we use Freedomvoice for our voicemail line and the leads go straight into podio. $10 a month well spent.

Thanks for the insight @Hattie Dizmond 

 Are you primarily doing wholesaling or is it other types of investing?