Consulting Fee Packages
The first thing you should know is that we provide exceptional value.
The second thing you should know is that we do not work for free.
Time is money and we can't expect other to work for free. Because we are investors and Realtors with over 25 years experience in different facets of the real estate industry, we saw the need to provide additional value especially for out of state Real Estate Investors. As one of our client's put it - "I always believe in preventing problems before the problems get started, instead of firefighting which is costly to fix."
We experienced this first hand when we invested in a flip project in Texas and the Contractor we selected started the job, misappropriated our money and then stole our materials and our profit ... leaving us with an incomplete renovation and an expensive Hard Money situation.
We scrambled to find another Contractor, but we were 600 miles away. So we relied on good faith efforts of others and were paired up with another Contractor who was able to complete the job...2 months later, and $15,000 over budget. But we were able to sell the house and make a modest profit. However, this could have been a complete disaster had we not had boots on the ground in our corner. If we had the benefit of eyes on the project, the cost of having paid them would have been much less that the overrun budget costs, hard money interest payments and loan extension fees.
What was suppose to be a business opportunity and investment, turned out to be a heart wrenching, blood sucking nightmare that I will never repeat. I learned how important it is to have your boots on the ground looking after your own best interest. Even the hard money lender's inspector is not a reliable source ... they collect their inspection fee and that's it. So, I found someone who was the bearer of Truth! Truth as to what was going on with our project whether it was bad news or not. When you know the truth and the facts, you know how to proceed and take action.
Are you a GAP funder? Then perhaps this is something you should consider to protect your financial investment in the flip project. Contractor mis-haps, delays, project overruns are all things that could happen if you don't have someone looking our for your best interest. Given that most gap funders get a 50% equity split, it might behoove you to have an "insurance" policy in place by having someone look out for your interest. As junior or secondary lien holder, you have the most to lose should the investor not perform on the fulfillment of the project.
So these field services are designed to avoid disasters, protect your profit potential and help you complete your project in the shortest amount of time possible. Our goal is to have your flip go as smoothly as possible so that you can move onto the next one and keep expanding your net worth!
The second thing you should know is that we do not work for free.
Time is money and we can't expect other to work for free. Because we are investors and Realtors with over 25 years experience in different facets of the real estate industry, we saw the need to provide additional value especially for out of state Real Estate Investors. As one of our client's put it - "I always believe in preventing problems before the problems get started, instead of firefighting which is costly to fix."
We experienced this first hand when we invested in a flip project in Texas and the Contractor we selected started the job, misappropriated our money and then stole our materials and our profit ... leaving us with an incomplete renovation and an expensive Hard Money situation.
We scrambled to find another Contractor, but we were 600 miles away. So we relied on good faith efforts of others and were paired up with another Contractor who was able to complete the job...2 months later, and $15,000 over budget. But we were able to sell the house and make a modest profit. However, this could have been a complete disaster had we not had boots on the ground in our corner. If we had the benefit of eyes on the project, the cost of having paid them would have been much less that the overrun budget costs, hard money interest payments and loan extension fees.
What was suppose to be a business opportunity and investment, turned out to be a heart wrenching, blood sucking nightmare that I will never repeat. I learned how important it is to have your boots on the ground looking after your own best interest. Even the hard money lender's inspector is not a reliable source ... they collect their inspection fee and that's it. So, I found someone who was the bearer of Truth! Truth as to what was going on with our project whether it was bad news or not. When you know the truth and the facts, you know how to proceed and take action.
Are you a GAP funder? Then perhaps this is something you should consider to protect your financial investment in the flip project. Contractor mis-haps, delays, project overruns are all things that could happen if you don't have someone looking our for your best interest. Given that most gap funders get a 50% equity split, it might behoove you to have an "insurance" policy in place by having someone look out for your interest. As junior or secondary lien holder, you have the most to lose should the investor not perform on the fulfillment of the project.
So these field services are designed to avoid disasters, protect your profit potential and help you complete your project in the shortest amount of time possible. Our goal is to have your flip go as smoothly as possible so that you can move onto the next one and keep expanding your net worth!
Package A: Troubled Project "Boots on the Ground" Initial Site Visit Verify Comps & ARV Project Intervention Project Inspections Photo's via e-mail Phone consultations as needed Contractor point of contact Scope of work re-alignment with new contractor Consultation on renovation finishes and materials Package B: Avoid Trouble Initial Site Visit Verify Comps & ARV Project Inspections Photo's via e-mail Phone consultation as needed Contractor point of contact Consultation on renovation finishes and materials Package C: No Trouble, Just Out of State Initial Site Visit Verify Comps & ARV Project Inspections Photo's via e-mail Scouting for new investment opportunities Package D: Just List My Flip Comprehensive Market Analysis done by a former appraiser Address Domain Name Reservation Inclusion in 2 Metro-Atlanta multiple listing services Ability to pre-sell to private network Virtual tour & 25 online photo's Distribution to a myriad of online real estate websites Exclusive representation and guidance Package E: I Need Some Direction Hourly consultation rate Can be combined with above packages -- Multiple Project discounts available |
Packages start at $175 plus a $50 trip charge and can be tailored to your needs. Prior client pricing available as well. |