Is New Western Acquisitions legit?

Is New Western Acquisitions legit?

New Western Acquisitions (NWA) is a real estate brokerage firm. Every agent who works for New Western Acquisitions is licensed and receives in-depth training on the full scope of residential property investments above and beyond the state education requirements.

Who owns New Western?

Owner Kurt Carlton and his partner, New Western Acquisitions CEO Andrew Welker, have simplified the process of rehabbing distressed properties — a.k.a. flipping houses — to turn a remarkable profit.

What type of properties can you wholesale?

You can wholesale apartment complexes of any size, and many savvy investors and funds do. It’s all about getting the right price and gaining the right connections. In addition to multifamily apartments investors can wholesale office buildings, retail malls, warehouses, and mixed use properties.

Who is new Western?

New Western is a national real estate investment company that provides solutions for both homeowners and real estate investors through our exclusive marketplace. New Western operates in most major metropolitan areas across the nation. Our brands include New Western, HomeGo, and Sherman Bridge Lending.

How much money do you need to wholesale real estate?

With the above in mind, it’s not uncommon for wholesalers to earn between the range of $5,000 and $10,000 for each contract, with some deals going higher with a bit of luck. This also means that you need spend less than $5,000-10,000 during each deal, in order to make a profit.

How fast can you wholesale a house?

While this might not sound like a lot for an aspiring real estate investor, you should keep in mind that it should take you no more than a few weeks to wholesale a property. As you become an experienced real estate wholesaler, you can easily handle 2-3 deals at a time and close them within a couple of weeks.

What is the 70% rule in house flipping?

The 70% rule helps home flippers determine the maximum price they should pay for an investment property. Basically, they should spend no more than 70% of the home’s after-repair value minus the costs of renovating the property.

Can you make a living wholesaling?

Wholesaling Is Lucrative On average, real estate wholesalers can expect to make between $5,000-$10,000 in commission per property. Once you have a property, a contract, and an interested buyer, this process can move quickly. The amount of time you can dedicate to wholesaling.

How much do wholesalers make a month?

Wholesale Real Estate Salary