What's the difference between these two #realestateinvestment #creativefinance #shorts #truedialogue

What's the difference between an assignment fee and an acquisition fee? When do you use each and what is a reasonable price to actually charge for that? Assignment fees are typically associated more with wholesaling, which is associated with joint ventures, smaller deals. You don't see a lot of people wholesaling 100, 200, 300-unit buildings. That's not something I really see as much. I see offers for it, but don't see it going through. It's kind of like wholesaling to yourself is kind of when those come into play. Let's say I put a deal under contract, as Caleb Pommel and/or assigns, that is that for assigning that project to an LLC, which I am going to be a member of, is usually I go below 1%. Typically I've seen on JVs with the assignment fee, you can go a little bit higher than on the AC fee, the acquisition fee for syndications. Those typically are a few percent upfront. So I think the AC fees are a little higher than the assignment fees are, is typically what I've seen.