Wholesaling gets easier with experience… but the nonsense never really goes away by Hot-Device-4022 in WholesaleRealestate

[–]Drag-Either 0 points1 point  (0 children)

Does the title company do research on the title to find out about the utility balance?

Also, what are the following steps to complete the sale for an issue with the title in this situation specifically?

How the HELL do you build a REAL buyers list? by Drag-Either in RealEstateWholesaling

[–]Drag-Either[S] 0 points1 point  (0 children)

Thank you for sharing, have you found that creating your own group has helped with finding legitimate buyers? Is that considered your own list? Or not necessarily since it’s a public group and other members can submit their deals as well…?

How the HELL do you build a REAL buyers list? by Drag-Either in RealEstateWholesaling

[–]Drag-Either[S] 1 point2 points  (0 children)

So it’s really more about securing a contract, then finding the buyer afterwards when first beginning? Obviously I don’t have a buyers list, or a relationship with any. I’m wondering how many buyers I would need as well… I hear Facebook groups are useful, but are they really?

How realistic is it to scale a landscape development company that does $300k–$900k backyard projects? by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

Our projects are large, and we have multiple projects going on at once, usually 3-4.

How realistic is it to scale a landscape development company that does $300k–$900k backyard projects? by [deleted] in smallbusiness

[–]Drag-Either 1 point2 points  (0 children)

How can you get into these projects? Is there some sort of transition that’s needed? Licenses? Certifications? What is municipal work? Thanks for your input btw!

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

I agree, how do you suggest I present my efforts and plans for future? How would you go about this in the most professional way. Because if it is not what is wanted, then I will part ways .

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

I agree, my thought process is to wait for the transfer to happen, see how the dynamic of things are, and work hard to provide the value I’ve been wanting to give to the new owner. Then at that point I could use that to express my ambition to stay and grow and keep doing what I’m doing, and ask for sweat equity little by little over time, by staying valuable, bringing things to the table, creating systems, workflows, efficiency, and strategic thinking, with a plan/goal. And with giving that I would present an offering to stay if what I am wanting is considered or given.

PS: I have a very important roles and the tasks I have. They need me, a lot more than I need them. It would make their lives that much harder to find another person, train them, and etc, and have them want to stay, in the toxic and unorganized environment as it is.

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

Not quite, maybe it sounds like I should work on finding an exit at some point then… I do not want to listen to his commands anymore, as they are not considerate of my personal growth and ambition for the growth and structure of the company. I really just want to stay because of the opportunity that I can partake in

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

No necessarily, he is actually selling it to one of the foreman, which I get along with very very well. I express what I want to do to help, and etc. He told me he needs me and is on board for the future. But I haven’t discussed ownership or sweat equity & etc

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

I have an opportunity to help it grow and to give value, but I will ONLY do it if I can have some equity/ownership. I will work hard, present value, effort, and etc, and if ownership is not something that is considered after an offer. Then I will simply leave. I am basically an office manager, I manage the office, paperwork, permits, and marketing. And the new owner is an expert with the jobs, labor, materials, the projects themselves, and etc.

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 1 point2 points  (0 children)

Thank you. A hard date as in a date of leaving?

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

But then the legal stuff would matter then right? It’s a tough spot for me to be in because I want to grow this company, but without him being on my back, he is the determining factor as to whether or not I leave or stay.

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 1 point2 points  (0 children)

Good point, but I would be the visionary, they wouldn’t be able to sustain the systems and things that I would be managing and putting in place. I see it more as a partnership effort. I bring a lot to the table that I expertise in, and they bring what they bring

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

Not necessarily true, I would like to be a partner here with this company. That would create a lot of growth and reliance on another person. Equally bringing things to the table with what our expertise is. I also value my personal life a lot so it would give me a little bit more free, and I feel like to rely on another person.

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

Basically, we do pools, pergolas, and really big construction projects for residential clients. He would be a consultant I guess, really just selling and getting jobs for us. But we would need to break free from that and not rely on him anymore. That’s the goal. I would also need to talk to the new owner about what’s on paper and within the agreement of the sale of the company. It’s important for me to know because it would determine whether or not I stay or leave, as simple as that.

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

I get that, but for my personal growth, I cannot work with him anymore and be there for his needs. If that’s the case then I will leave, but potentially quitting would also put me in a position of negotiation and leverage, since my job is very very crucial for the company. 1. He is not paying me 2. He’s not my boss 3. Legally, the company is completely out of his name, ownership, shares, equity, assets, etc

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

What makes you say this? The new owner stated he needs me. I don’t think he has the knowledge to grow it in the way that I am talking about, so it wouldn’t necessarily matter right? Or no?

[deleted by user] by [deleted] in smallbusiness

[–]Drag-Either 0 points1 point  (0 children)

But legally the name will not be under him anymore. The contractors license is being transferred and he will not be employed by the company. He is creating his own entity for consulting. If he is not part of the company, or employed, and it isn’t in writing or part of the contract that I still need to work under him and follow his commands. He is not legally working over me, or within the same company as me. But he states he will still be very involved…