All Forum Posts by: Mario Donaldson
Mario Donaldson has started 6 posts and replied 18 times.
Post: Broker license

- Wholesaler
- Memphis, TN
- Posts 19
- Votes 6
I have one more question why 70% rule or .70 why not .60 or .50 and so on. Just because what if a house ARV is 48,000x.70=33600 then the rehab cost is 12000 then assignment fee that $16600 that some serious negotiation to the seller for that price.
ok I understand now it took me a minute to get it thanks for the formula.
Hello,
what are you calculating when you are trying to find out the ARV on a property, and if you are wholesaling a deal how do you put the assignment fee in.
what is a portfolio for starters
Hello,
I am still new to real estate investing how can you get your portfolio together if you haven't made any deals. How do a real estate portfolio look like and is there any templates on how to do a portfolio.
Post: Total newb

- Wholesaler
- Memphis, TN
- Posts 19
- Votes 6
im the same way but i see its alot of useful information and experience people on here
Post: contracts

- Wholesaler
- Memphis, TN
- Posts 19
- Votes 6
Thanks for your advice I will certainly look in to it
Post: contracts

- Wholesaler
- Memphis, TN
- Posts 19
- Votes 6
Hello,
My name is Mario and im a newbie to the real estate investing game i was hoping you can spend some time out of your day to help me with wholesaling. Is wholesaling a good way to get you capital up so you can do fix and flips or any other real estate investing in that matter. Where do i start do i go after the seller first or the buyer what worked for you and also what fees are involved and when i close a deal what are all the partied that are involved with the deal.