All Forum Posts by: William Fields
William Fields has started 8 posts and replied 17 times.
I have a couple properties that need gone. I live in the mount Vernon area. These are fix and flip or long term fix and flip properties. I’m also lookin to build relationships and learn as much as humanly possible. I don’t want handouts I want knowledge.
I am lookin for motivated buyers for a 3/2 house 1750 sqft house. In school district, golf course, in vicinity of shopping centers and such. Lovely neighborhood located in daphne,Alabama. You can search lake Forrest and look at the surrounding properties in the area and know this is a decent deal.
Post: Looking for local real estate investor clubs
- Posts 19
- Votes 3
Quote from @Account Closed:
Quote from @William Fields:
I believe it could be a good quick flip.
thanks thats actually a good idea i guess i like to overthink the basics. What is the link to?
I believe it could be a good quick flip.
It has been remodeled on the inside minus a few small things. The outside could use some love but not anything that would break the bank by any means. Its a mix between city and rural but mostly rural surroundings its a small town of mount vernon. zip is 36560. it is mortgaged. 3 bed 1 bath and i believe 1100 square ft.
Post: Looking for local real estate investor clubs
- Posts 19
- Votes 3
We could always start one buddy
hey guys I have a home to sell in mobile county Alabama. I’m looking for the best way to market. Trying to avoid having to pay out any extra for agents. Any tips ?
Are there any investors that would like to link up in Washington county Alabama, or even surrounding county’s?
Quote from @Jason Wray:
The way this market is going and the most recent lawsuits against Rmax and other brokers Nationwide I may have to say neither. There is a lot of talk through the grapevine that there are some new income laws coming into play that will hurt brokers/agents income. When they go the W2 route like they did to loan officers the realtor market will freeze up and look like ghost town.
If agents have to go W2 instead of LLC/1099 its an income crushing event and will scare off the masses. 1099 is great you can earn 100% and write off all your goodies through the roof but not on W2. W2 is a whole different ball game and you get hit in the pocket on every paycheck leaving behind 60-65% of that payday. Selling just 1-2 homes a month is not going to allow most realtors to live that luxury lifestyle.
Brokers are not going to take the majority hit so it will trickle down to the agents who already feel over worked showing multiple homes. I am already seeing a lot of agents who I have known personally quit and go find a salary job or work remote. There is already a bill in front of congress and with NAR getting some bad publicity lately it may not be able to save the day.
The positive side of this is there are far too many realtors in the market so it may be helpful to the seasoned vets who crush it regardless, less is more theory.
I didn’t even know any of that is going on that’s crazy…. I’m gonna have to look into that.