Bad apples can give any profession a bad name.

A wholesaler really got under my skin, when a Personal Representative for an Estate she was handling told me what a previous wholesaler said about possibly buying the property

Category:

Education

Tags:

• real
• estate
• investing
• wholesaling
• probate
• marketing
• short
• sales
• education

[cubedmack]

I have a quick question for those of you that live in Baltimore. Does' anyone know of a title company in Baltimore that is wholesale friendly? I am currently working on two deals and I need a good title company.

[TheBanditWholesaler]

@cubedmack Stone Gate Title 1919 York Rd in Lutherrville.Rob Brendal is the owner and is also a long time member of Baltimore REIA. Stonegate is very investor friendly.

[cubedmack]

@TheBanditWholesaler Ok thanks. I need to start coming up to the Bmore REIA meetings.

[TheBanditWholesaler]

@cubedmack No problem.

[SuccessKollective]

Yeah, Mark Whitten was one of Marcel's students a couple yrs ago and now he's a guru selling a little bit of the info for $500 and taking money from people on the back end sticking the newbie with the whole bill for paying taxes on the money earned. This guy here is cool though. He told me who mentored him and so far isn't looking to rip people off and stick them with an IRS problem soon.When the IRS gets at these people for taxes they all should tell them that Mark Whitten took half ........

[TheBanditWholesaler]

@SuccessKollective In any business transaction, I would never give anyone five hundred dollars and not have some sort of legally binding agreement signed by the other party. I'm not saying Mark would ever do this or not, but what would stop him from taking perspective student's money and just blowing the student off? The student couldn't do anything, because he or she has nothing in writing to fall back on in order to seek getting his or her money back. It goes back to what I said about ethics.

[TheBanditWholesaler]

@SuccessKollective The fastest way to take down a GURU who offer mentor ships based on 50/50 splits is the call the IRS and tell them the gurus are receiving non taxed Cash. They would look into it faster then stink on a turd. lol Marcel does know his stuff. But learning wholesaling isn't worth $5,000 plus deal splits regardless.

[TheBanditWholesaler]

@cubedmack So he increased his price by $1500 lol. I would rather have a marketing budget of five thousand dollars for finding deals instead. A good home study course for a few hundred bucks is all anyone really needs. I have no problem with the monthly gurus pitching the stuff as long as their material is good and is affordable. I have a problem when the members in the REIA decide they also want to be gurus. At that point it becomes like one big sales pitch fest.

[TheBanditWholesaler]

@SuccessKollective Normally a 50/50 slit is common if you have a personal mentor. Paying the taxes on the deal isn't really bad as long as you did a deal and made some money in the process and learned from it. I have a problem with Gurus wanting to double dip, that being charging upfront PLUS wanting a split on the deals done. It should be one or the other but not both.

[TheBanditWholesaler]

@SuccessKollective Vena's whoelsaling course is $599 her continuing email mentoring known as the inner circle is $39 a month. Her prices are insanely cheap. Google Real Estate Godddess