All Topics / Heads Up! / ESC (Richmastery) ?

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  • Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    How can it be below market value when they say “Immediate Equity =$3020”, and then their fee for finding the property = $4000 – 5000???

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    Profile photo of MiniMogulMiniMogul
    Participant
    @minimogul
    Join Date: 2002
    Post Count: 1,414

    hey kirsten,

    you could either just put a contract on it and then pay someone to inspect it (builder’s + photos) i.e the house inspection company

    or else you could get a rental assessment with photos and an idea of what would need to be done to tenant the property and for how much (at an agency not selling you the deal) and make an offer based on the numbers. you might be able to get that for free or for 60 bucks or so. OK it’s not a builder’s but it might be enough to make an offer. then you can go the builder’s when your offer is inspected. but it’s cheaper than going there yourself. and cheaper than missing out on a great deal!

    It’s all about leveraging your time so you can look at more deals

    cheers-
    Mini

    joy to the world

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248

    Jenman.com.au has some very good points about ESC

    Profile photo of shaunwalkershaunwalker
    Member
    @shaunwalker
    Join Date: 2003
    Post Count: 403

    I’m being published in ESC’s new book coming out early next year. please dont hold it against me!
    i only put my story in because i thought i’d won a free trip to sydney and a night of drinking and eating. I just wanted to network, and find some cash partners!. as it turns out, i didnt get anything for my trouble. [confused2]

    cheers
    shaun

    Lead, Follow or get out of the bloody way

Viewing 4 posts - 21 through 24 (of 24 total)

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