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Real Estate Investment Club

Public • 39 • Free

4 contributions to Real Estate Investment Club
🚨Breaking News DOJ and NAR Settle $418M Lawsuit
💰 Big News in Real Estate! 💼 The DOJ and National Association of Realtors just settled a $418M antitrust lawsuit—and it’s shaking up the industry! So, what does this mean for buyers, sellers, and agents? 👉 For Buyers Agents: You’ll need to sharpen your negotiation skills as sellers are no longer required to pay your commission. 👉 For Buyers: Be prepared to negotiate your agent’s commission into the deal. The good news? You can often finance this into your mortgage—no need to pay out-of-pocket! 👉 For Sellers: Think about this—if your neighbor lists their home and offers a commission, and you don’t, which house will get shown first? Which house will sell first? The answer is clear: the one offering the commission! This settlement could change the game for everyone. What are your thoughts? Drop them in the comments below! ⬇️ #RealEstateNews #DOJSettlement #NAR #HomeBuyingTips #RealEstateAgents #HomeSellingTips #MarketChanges #RealEstateIndustry
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New comment 3h ago
🚨Breaking News DOJ and NAR Settle $418M Lawsuit
1 like • 10h
Great thoughts Rob but most folks in my mind would be crazy not to pay someone who is bringing them a buyer. Like the concept of putting into the mortgage. Had not thought of that.
Live New Construction Project Tour in 9 Days!
Hello Family, I’m hosting a Live Meetup with one of borrowers at a New Construction Development Project in Roslindale MA on Saturday 11/23/24. If you want to learn how to get started and make money as a developer, this event is for you! Be sure to come with your questions ready to be answered and feel free to invite a friend. Looking forward to seeing you there! The details are in the flyer below and the calendar. https://www.skool.com/reiclub/calendar
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New comment 14d ago
Live New Construction Project Tour in 9 Days!
1 like • 14d
Already on my calendar. Looking forward to it.
Offer Was Rejected! 🙅🏾‍♂️ But We Keep Pushing
Yesterday @Adrian S. King and I made an offer on a three family and development opportunity in the Hyde Park neighborhood of Boston, Massachusetts. This was an off market deal that Adrian had sourced. We met with the seller’s agent to walk through the property and decided to make an offer for $1.1 million. The property has a ton of potential but needs work on the interior and exterior including cosmetic updates in the kitchen bathrooms, walls and ceilings throughout. Additionally, the front rear porches needed work and we would have to repaint or re-side the entire exterior. The additional upside was that the lot could be subdivided and developed, but it would require a variance. The play was going to be to renovate the existing three family and rent or sell as condos while we subdivide the lot and applied to build three more units directly next-door. The seller ended up accepting an offer for $1.2 million and I have no regrets. I’m sharing this with you to reinforce the importance of staying true to your model and not chasing deals. As one of my mentors told me early on, “The deal of the century comes around at least every six months as long as you’re looking for it.” Stay Blessed! P.S. - 🔥the photo below is of the rear porch at the property where one of the tenants had put a charcoal grill on the porch and nearly set the house on fire. Note to all of the Landlord out there. Don’t let your tenants grill on your back porch.
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New comment 22d ago
Offer Was Rejected! 🙅🏾‍♂️ But We Keep Pushing
2 likes • 23d
For real
Introduction
Hello I live in Boston and am a real estate investor, author, podcaster & tv show host. My wife and have been involved in 10+ deals as flippers, buy & holds, project managing, and consulting. Looking forward to connecting and building with this group.
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New comment Oct 29
1 like • Oct 29
Glad to be in
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Dexter B Jenkins
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14points to level up
@dexter-b-jenkins-3980
Faith Based Financial Mentor & Real Estate Entrepreneur.

Active 3h ago
Joined Oct 29, 2024
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