Posted by Drew(VA) on November 09, 2009 at 13:39:11:
In Reply to: Re: What's REALLY working, now? posted by Natalie-VA on November 09, 2009 at 08:20:44:
I think most wholesalers don't know about JVs, or Joint Ventures. It's where you team up with a wholesaler and split their wholesale fee in order to get the property sold, not add a huge fee on top of that and try to sell it. I run into so many people without equitable interest in the property it's only going to get us in trouble at some point. We sell our interest, if you don't have an interest, you can't sell it!
I have people propose to sell my deals with a bump in the price, I always tell them hell no. I don't want an investor seeing my property at a different price, it hurts my brand and my name. But when money is involved you can't ever predict what's going to happen, it makes people crazy!
-Drew