Ask Ron 2014-05-02

8 Responses to Ask Ron 2014-05-02

1. Jack Knapp says:

   May 2, 2014 at 9:18 pm

   WOW!!! That is a SUPER clear picture!!!!! Thank you!

   Reply
2. Tim Barnes says:

   May 3, 2014 at 12:59 am

   This part of the membership alone makes the price worth it. To get answers from Ron hisself!

   Reply
3. Tom Holyfield says:

   May 3, 2014 at 7:05 am

   Yes, and thank you Tim for submitting them. It helps all of us.

   Reply
4. Rick Farmer jr says:

   May 3, 2014 at 5:30 pm

   As always great Info, and good questions.

   Reply
5. David Woodside says:

   May 6, 2014 at 8:12 pm

   Good info. On Tim’s question, I think I heard Ron say that if the seller rejects all other solutions, the only possibility is to get an option. For that case you’d need to get more than 10% equity (probably more like 20%)to make it worthwhile.

   Reply
   • Jared Kluver says:

     May 14, 2014 at 10:31 am

     With the option, he is basically talking wholesaling the property. If the house is in EXCELLENT shape, you’ll want 20% off the value of the house in order to (1) make it attractive to an end buyer vs all the other houses out there for them to choose from and (2) give enough room for you to make money as well [get your wholesale fee]. If it’s a fixer-upper, your likely going to be selling to an investor/rehabber and they will want much more of a discount because of the repairs needed and risk involved. The typical wholesale formula is in Ron’s books as well as everywhere on the internet.

     Reply
6. Cecilia Lance says:

   June 25, 2014 at 1:14 am

   Listening to you walk others thru deals is so helpful. Thanks!

   Reply
7. Richard Couch says:

   January 3, 2015 at 1:35 pm

   ExSELLent Ron…..nice yellow letter set up! Thank you

   Reply