All Forum Posts by: Michael Westberry

No there is not a standard fee. You will most likely have to take lower fees at first because you won't know the comps as good without experience. (all part of learning) Always true to price fair and get as much as possible but be willing to take lower fees from investors to build your cash buyers list. Your list is going to be much more important than a few extra thousand at first.

Congrats on taking first steps and good luck to you!

I just wanted to chime in on this. I am attending college starting next week and am majoring in finance. It is definitely not necessary but I view college as the perfect buffer. It is a four year time where I can build my portfolio and not have to worry about major living expenses. Basically I will be saving all cash flow for rentals I buy during college to continue purchasing and expanding my portfolio.

Hope this helps!

That is so cool! That is a huge number for a flip congrats on all the hard work!

@Jon Klaus Awesome to hear about your successes with yellow letters in Austin! Best of luck on the new builds would love to hear about those as well! I am about to start a yellow letter campaign and I love hearing stories from successful investors like you!

Beautiful car! I just read the blog post! Awesome how you set that big goal for 2014 and conquered it! Congrats

Congrats! 16 units is very impressive, keep up the good work!

Congrats! I love the idea of renting it out during renovation to help cover holding costs!

That is great! I am taking the steps to get my first deal done and it is very encouraging to hear your story and the path you are on! 

Great job Kathleen! I love DIY projects!

WOW! Great job guys cool video and awesome finished house!