Pinned
17h •
EMD Upfront Fee Update 💰 Starting July 15th
Thanks for your input in our recent poll 📊 We are ready to kick of the changes! Here's the skinny on the changes that go into effect on the 15th: 💰 You now make money on EMD upfront fees❗ This means that you get a 50/50 split of profits on EMD upfront fees, just as you already do on fees at closing for EMD, DC, Stack/Morby, and Echo deals. 📈 Minimum fee for 5% upfront is moving to $1000; and for the 10% upfront it's $2000. 🚫 No change to the percentage options (5% upfront & 20% at close; or 10% upfront & 0% at close) ✅ No change to your 80% referral share of gross fees on HML & DSCR The goal here is simple: give our acquisition team members another way to make money on the deals they're bringing in. 👉 If you've got deals moving through the pipeline right now, keep in mind this change impacts anything submitted on or after July 15th. Let me know if you have questions 🤔
Pinned
13d •
How our Tiers work for you 📌
(updated) As part of the update we moved from two to three tiers. Here is what that means in plain ... Utah English. 🥉 Standard — Free (see Note below) Access to the Start Here block. This is your orientation. Get set up, learn how the community works, and see what we are all about. ⛔ Note: Members are allowed to stay in this tier for 10 days, at that point if they have chosen to not progress forward, their membership will expire. We are here to take action and move forward. We understand some come to look and see, so we need to keep the community clean from those inactive accounts. This is effective as of July 1st. 🥈 Premium — $17/month Everything in Standard, plus the full education. That is the 🤔 Know the Game, 🚦Go Get Deals, and 📚 The Library. This is where you learn transactional funding and how to go find and fund deals. 🥇 VIP — $97/month Everything in Premium, plus the tools that build this as a business. The 🏗️ Deal Machine, your own branded white label site (transactional + primary) with the automated nurturing campaign, ⚡ Run It Up with the full Morby & Echo education plus playbooks, and 🔁 The Replays with every recorded live call. One quick note on the names 📝 Standard, Premium, and VIP are the tier names Skool gives us, and we cannot change them. We are keeping the names Skool uses so everything stays consistent, but we know the shift can feel a little confusing at first. That is exactly why this post is here. What this means for you 👇 If you were a Standard member, you stay right where you are, free. Your access is limited to the Start Here block until you upgrade to either Premium or VIP, and then the rest opens up. If you were a Premium member, you have already been moved to VIP to line up with the new structure. You keep the Deal Machine and everything you already had, and you do not need to do a thing. And here is the promise we keep for everyone. Whatever price you are at, that is your price for as long as you renew. Lock in a rate and it stays yours. 🔒
5h •
Interested in joining the premium
Hi everyone Paul, I have a couple questions before joining the premium. In one of your free videos it mention that you have a website that we can automatically generate leads. I was already planning on designing a website connected to the MLS through Api integration and automatically pull leads that fits my buyers by box but at the moment I don’t have a real estate license, but I am planning on getting one just for this. I have found two software’s that have Api integration. The Two software is called. rentcast and attom api. Rentcast finds and screeens the deals After RentCast finds a potential deal, ATTOM investigates the property much deeper. I was planning on creating the software and also automating the comping system and underwriting the deal as well. This is a little complex, but I am specializing in this field Api integrations and system automations. I am not the developer, but I am the brains behind the development. And I also have a developer that is able to handle complex task like this. At the moment, I am using ChatGPT hourly monitoring system to find me deals according to my buyers by box every hour. I just recently watched paces zoom about generating leads through deals sauce so I am also planning on doing it that way, and have my team go and source me deals and comp the properties and I just verify everything and see everything’s good to go before sending it to my buyers I have a side hustler a drop shifting website that I design from the ground up it takes automated shipping and is connected straight to my distributors. It shows live in stock and out of stock inventory. Once items are purchased. It is automatically sent to my distributors my distributor ships the products out then automatically send the customer tracking information.i am also planing to install an ai bot to take my emails and phones calls as well so i never have to be there. I also install a payment processor that’s connected to the website and my distributors and also Ffl finder so you can also easy checkout to ship to any store that you would like everything is well organized in the site Including the backend, very organized. I usually go with third-party companies first that designed software, but then I find out that they are limited to what I would like so I end up signing my own system.
2h •
Q&A Call Tonight! See You There 😁
If you have a topic you would like to cover more generally, comment below and I'll prepare some materials. Otherwise, we have an open Q&A opportunity to discuss any and all questions regarding ongoing deals, funding types, etc.
0
0
1-30 of 866
skool.com/fundinghub
Refer real estate funding deals and get paid -- no capital needed. We bring the money and do the work. Your path to financial freedom.
Leaderboard (30-day)
1
+153
2
+97
3
+72
4
+68
5
+67
Powered by