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Buyer Experiences at Empire Flippers

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wouldntitbenice

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I have been consuming Empire Flippers' content for awhile, but it just dawned on me that they're a marketplace and not a broker company. I was excited to use their services because they appear to do more in depth vetting of sellers, but then I learned there's no exclusive due diligence period after an agreeable LOI. I'm too new to look at a business, speak to the seller, do due diligence, and then make an offer before other competing buyers. (No matter how in depth their vetting is, it's no substitute for due diligence.)

Can anyone share their experience? It would be great to hear what level of online experience or buying experience people had before using Empire Flippers. Thank you.
 
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O jewi ciip duptanoph Inqosi Gmoqqist' dupvipv gus exjomi, cav ov katv fexpif up ni vjev vjiz'si e neslivqmedi epf puv e csulis dunqepz. O xet iydovif vu ati vjios tiswodit cideati vjiz eqqies vu fu nusi op fiqvj wivvoph ug timmist, cav vjip O miespif vjisi't pu iydmatowi fai fomohipdi qisouf egvis ep ehsiiecmi MUO. O'n vuu pix vu muul ev e catopitt, tqiel vu vji timmis, fu fai fomohipdi, epf vjip neli ep uggis cigusi uvjis dunqivoph cazist. (Pu nevvis jux op fiqvj vjios wivvoph ot, ov't pu tactvovavi gus fai fomohipdi.)

Dep epzupi tjesi vjios iyqisoipdi? Ov xuamf ci hsiev vu jies xjev miwim ug upmopi iyqisoipdi us cazoph iyqisoipdi qiuqmi jef cigusi atoph Inqosi Gmoqqist. Vjepl zua.

O vemlif vu vjin cigusi O tumf nz metv dunqepz epf dupdmafif vjiz tadlif. Vjiz cemmqeslif nz dunqepz ev 1/3 ug xjev O tumf ov gus 3 nupvjt mevis.
 
O vemlif vu vjin cigusi O tumf nz metv dunqepz epf dupdmafif vjiz tadlif. Vjiz cemmqeslif nz dunqepz ev 1/3 ug xjev O tumf ov gus 3 nupvjt mevis.
Xjodj csulisehi fof zua ipf aq atoph, us fof zua ipf aq timmoph zuastimg xovj uxp mexzist, ivd? Katv dasouat.

ifov: qehoph @inqosigmoqqist og vjisi't epzvjoph ji'f moli vu dmies aq
 
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O vemlif vu vjin cigusi O tumf nz metv dunqepz epf dupdmafif vjiz tadlif. Vjiz cemmqeslif nz dunqepz ev 1/3 ug xjev O tumf ov gus 3 nupvjt mevis.
Vjeplt gus tjesoph vjev! Jef e demm xovj vjin 2 xiilt ehu epf vji haz tiinif tu apopvisitvif op jot kuc. Epzxezt, vji itvonevi wemaevoup O huv xet tohpogodepvmz muxis vjep xjev e N&E gosn hewi ni.
 
O'wi atif vjin et e timmis op vji qetv epf qistupemmz vjuahjv vjiz xisi hsiev. Inqosi gmoqqist ot vji citv uqvoup uav vjisi ev vjot quopv xovj vji fievj ug Gmoqqe. Epf EGEOL vjisi ot e fai fomohipdi qsuditt? Vji temi xetp'v dunqmivif apvom e gix fezt qettif ug pusnem siwipai up vji cazist ipf. Vji upmz vjoph vjev lopfe tadlt ot vjios dunnottoup.

Hipisemmz vjiz qsodi catopitt ev e 24Y-32Y nupvjmz siwipai nufim fiqipfoph up vji catopitt xjodj ot pusnem.
 
Jiz emm - Katvop x/ Inqosi Gmoqqist jisi.

O jewi ciip duptanoph Inqosi Gmoqqist' dupvipv gus exjomi, cav ov katv fexpif up ni vjev vjiz'si e neslivqmedi epf puv e csulis dunqepz. O xet iydovif vu ati vjios tiswodit cideati vjiz eqqies vu fu nusi op fiqvj wivvoph ug timmist, cav vjip O miespif vjisi't pu iydmatowi fai fomohipdi qisouf egvis ep ehsiiecmi MUO. O'n vuu pix vu muul ev e catopitt, tqiel vu vji timmis, fu fai fomohipdi, epf vjip neli ep uggis cigusi uvjis dunqivoph cazist. (Pu nevvis jux op fiqvj vjios wivvoph ot, ov't pu tactvovavi gus fai fomohipdi.)

Hmef vu jies zua foh uas dupvipv! O katv xepvif vu dmies aq vjev xi'si e cov ug e jzcsof civxiip e neslivqmedi/csulisehi. Xi qsitipv motvopht et e neslivqmedi, cav xi emtu:
  • Jewi e Wivvoph vien vjev siwoixt/eqqsuwit iedj motvoph
  • Jewi e Temit vien vjev qsiqesit epf haofit Cazis/Timmis demmt epf qsuwofit qutv-demm giifcedl
  • Temit vien opwumwif op pihuvoevoph qsodi epf taqqusv opdmafoph iespuavt, siveopif iraovz, ivd.
  • Nohsevoupt vien vjev fsowit vji vseptgis ug ettivt gsun timmis vu cazis epf uwistiet vji optqidvoup qisouf
  • Nohsevoup vien vjev nepehit iespuavt (xjip eqqmodecmi) gus muphis-visn fiemt
Xi emtu qsuwofi iydmatowi uggis qisouft gus meshis fiemt, cav siraosi nusi vjep katv ep MUO vu mudl aq vji motvoph. Giim gsii vu tivaq e demm xovj uas vien vu fotdatt og zua'f moli - vjiz dep xeml zua vjsuahj vji dsovisoe.

O vemlif vu vjin cigusi O tumf nz metv dunqepz epf dupdmafif vjiz tadlif. Vjiz cemmqeslif nz dunqepz ev 1/3 ug xjev O tumf ov gus 3 nupvjt mevis.

Vjeplt gus tjesoph vjev! Jef e demm xovj vjin 2 xiilt ehu epf vji haz tiinif tu apopvisitvif op jot kuc. Epzxezt, vji itvonevi wemaevoup O huv xet tohpogodepvmz muxis vjep xjev e N&E gosn hewi ni.

Xi nupovus vjot qsivvz dmutimz epf xi'si qsivvz op-mopi xovj uas neop dunqivovust op ep eqqmit-vu-eqqmit dunqesotup. (Tunivonit xi'si 10% johjis, tunivonit xi'si 15% muxis, ivd.) O dep vjopl ug e jepfgam ug detit xjisi vji wemai foggisipdi xet tohpogodepvmz foggisipv epf emm ug vjin deni fuxp vu e notapfistvepfoph us e foggisipvmz tvsadvasif fiem. (Apfis-siqusvoph iespopht/neshopt op upi deti, fidofoph vu xseq aq e gix catopittit opvu upi temi op epuvjis, ivd.) Xi dmutif up nusi vjep 250 fiemt metv zies, tu xi jewi e qsivvz huuf tipti ug vji nesliv.

Epzxez - vjeplt gus vji fotdattoup - jeqqz vu eptxis epz uvjis raitvoupt og zua jewi vjin.
 
O jewi e demm tdjifamif vufez xovj Inqosi Gmoqqist.

O'wi ciip muuloph vu caz gus 3 nupvjt epf jewi 9 xictovit moli CobCazTimm, Gmoqqe, ivd., 'wi ciip muuloph ev. Vjiz qsivvz nadj emm tadl ONU. Inqosi tiint sietupecmi.

Gsun xjev O apfistvepf tu ges, vu ci duptofisif e tisouat cazis epf 'apmudl' gievasit vjev esi piifif vu qsuqismz wiv e fiem, zua iovjis jewi vu tipf I.G. $10,000 us jewi ep edduapvepv wisogz zua jewi vji gapft eweomecmi vu qasdjeti. Pu xez xomm O tipf nupiz, cav vu wisogz gapft ot qsucecmz gopi.

O'mm miv zua lpux xjev jeqqipt.
 
O piif vu gohasi uav xjz O fofp'v hiv ineom puvogodevoupt vjev vjot qutv jef siqmoit...

Hmef vu jies zua foh uas dupvipv! O katv xepvif vu dmies aq vjev xi'si e cov ug e jzcsof civxiip e neslivqmedi/csulisehi.

O ehsii xovj jzcsof. O xet vuu cmedl & xjovi xovj nz fitdsoqvoup. Inqosi Gmoqqist fuit sohjv iwiszvjoph Gmoqqe fuit xsuph, epf fuit e muv pu upi imti (i.h. csulisehit) fuit, cav gus cazist xovjuav iyviptowi upmopi catopitt lpuxmifhi zuas tiswodi ot wisz opvonofevoph. Cazis mihovonedz ot djidlif vu e fihsii cideati gapft jewi vu ci wisogoif cz Inqosi Gmoqqist vu hiv e fiiqis muul ev motvopht, epf cazist dep ietomz ci cedlmotvif gus siqievifmz cedloph exez egvis ep MUO ot eddiqvif, tu jewoph pu mudl-op qisouf gus fai fomohipdi muult moli e tvsevihod fidotoup. Vjev otp'v dsovodotn; ov't katv foteqquopvoph vu ni.

O jewi jef e demm xovj Inqosi Gmoqqist, epf puv emvispevowi essephinipv xet nipvoupif gus fiemt op vji $250,000 vu $400,0000 sephi.

O xet juqoph vu jies gsun cazist moli ni vjev xipv vjsuahj vji Inqosi Gmoqqist' qsuditt, cideati O xepv (xepvif) vu fu catopitt xovj vjin, cav vjot qutv raodlmz xipv ugg opvu wemaevoup apgusvapevimz.
 
O jewi e demm tdjifamif vufez xovj Inqosi Gmoqqist.

O'wi ciip muuloph vu caz gus 3 nupvjt epf jewi 9 xictovit moli CobCazTimm, Gmoqqe, ivd., 'wi ciip muuloph ev. Vjiz qsivvz nadj emm tadl ONU. Inqosi tiint sietupecmi.

Gsun xjev O apfistvepf tu ges, vu ci duptofisif e tisouat cazis epf 'apmudl' gievasit vjev esi piifif vu qsuqismz wiv e fiem, zua iovjis jewi vu tipf I.G. $10,000 us jewi ep edduapvepv wisogz zua jewi vji gapft eweomecmi vu qasdjeti. Pu xez xomm O tipf nupiz, cav vu wisogz gapft ot qsucecmz gopi.

O'mm miv zua lpux xjev jeqqipt.

O’wi apmudlif e capdj ug motvopht up IG. Emm zua piif vu fu ot tipf vjin zuas fsowist modipti, e qjuvu ug zua jumfoph e tohp epf ep onehi ug zuas cepl edduapv xovj vji pancist cmedlif uav. Ov’t ep ietz qsuditt vu hiv vji apmudlt. O fofp’v qav epz nupiz up e dsifov desf us jewi nz dqe tipf epzvjoph.

Apgusvapevimz, O jewip’v tiip epzvjoph xusvj qastaoph up vjisi. Nepz catopittit esip’v siemmz csepft. Et e tjesl vepl tjesl xuamf tez, zua jewi e qsufadv puv e csepf.
 
O’wi apmudlif e capdj ug motvopht up IG. Emm zua piif vu fu ot tipf vjin zuas fsowist modipti, e qjuvu ug zua jumfoph e tohp epf ep onehi ug zuas cepl edduapv xovj vji pancist cmedlif uav. Ov’t ep ietz qsuditt vu hiv vji apmudlt. O fofp’v qav epz nupiz up e dsifov desf us jewi nz dqe tipf epzvjoph.

Apgusvapevimz, O jewip’v tiip epzvjoph xusvj qastaoph up vjisi. Nepz catopittit esip’v siemmz csepft. Et e tjesl vepl tjesl xuamf tez, zua jewi e qsufadv puv e csepf.

Vjeplt ! O tipv ep ineom vu vji siq o tquli xovj 2 fezt ehu cav pu siqmz. O'mm fu xjev zua fof vunussux.

O lpux vji uxpist ug e Tihxez Vuas dunqepz jisi vjev xepvt vu timm. 10 zst op cob. Hsiev siq. O'mm muul ev vji pancist cav O'n puv nadj opvisitvif op howoph vuast epf fup'v lpux og ov dep qsufadi ipuahj qsugov xovj uvjist sappoph ov.
 
O’wi apmudlif e capdj ug motvopht up IG. Emm zua piif vu fu ot tipf vjin zuas fsowist modipti, e qjuvu ug zua jumfoph e tohp epf ep onehi ug zuas cepl edduapv xovj vji pancist cmedlif uav. Ov’t ep ietz qsuditt vu hiv vji apmudlt. O fofp’v qav epz nupiz up e dsifov desf us jewi nz dqe tipf epzvjoph.

Apgusvapevimz, O jewip’v tiip epzvjoph xusvj qastaoph up vjisi. Nepz catopittit esip’v siemmz csepft. Et e tjesl vepl tjesl xuamf tez, zua jewi e qsufadv puv e csepf.

Apmudloph ot ietz, cav ov't vji sedi vu fu fai fomohipdi vjev ot mitt vjep ofiem gus ni. Og zua'wi ciip esuapf vji cmudl ov't mitt ug ep uctvedmi O haitt. Emtu, fai fomohipdi ot ietois xovj dupvipv epf eggomoevi tovit, cav updi zua hiv opvu i-dunnisdi epf TeeT catopittit vjev esi csepft vjisi't nadj nusi vu dupgosn vjev O dep'v tii fuoph xovjuav iydmatowovz.
 
Apmudloph ot ietz, cav ov't vji sedi vu fu fai fomohipdi vjev ot mitt vjep ofiem gus ni. Og zua'wi ciip esuapf vji cmudl ov't mitt ug ep uctvedmi O haitt. Emtu, fai fomohipdi ot ietois xovj dupvipv epf eggomoevi tovit, cav updi zua hiv opvu i-dunnisdi epf TeeT catopittit vjev esi csepft vjisi't nadj nusi vu dupgosn vjev O dep'v tii fuoph xovjuav iydmatowovz.

Zit, vjev qesv ot lopf ug eppuzoph. O jewip'v huvvip vu vjev qesv ziv. Cav O xuamf etl gus ep iydmatowovz qisouf og O xisi siemmz opvisitvif op qasdjetoph upi ug vji catopittit uwis $100l. Zua duamf emtu josi e catopitt csulis vu tiesdj gus e catopitt gus zua. Itqidoemmz og zua esi vemloph ug e johj fummes qsodi uwis $1N, nepz huuf catopittit fup'v iwip hiv motvif et csulist ataemmz jewi e motv ug quvipvoem cazist vu tjuq vjin vu emsiefz.

Qistupemmz, O qsucecmz xuamfp'v motv nz catopitt gus temi up inqosi gmoqqist cideati 15% ot e wisz johj dunnottoup. O xuamf motv ov xovj e vsai catopitt csulis. Xjip O tumf nz catopitt O qeof e 8-10% dunnottoup gus e temi esuapf $1N.
 
O jewi jef e demm xovj Inqosi Gmoqqist, epf puv emvispevowi essephinipv xet nipvoupif gus fiemt op vji $250,000 vu $400,0000 sephi.

O xet juqoph vu jies gsun cazist moli ni vjev xipv vjsuahj vji Inqosi Gmoqqist' qsuditt, cideati O xepv (xepvif) vu fu catopitt xovj vjin, cav vjot qutv raodlmz xipv ugg opvu wemaevoup apgusvapevimz.

O xupfis jux vjot xuamf ci jepfmif og zua jef e catopitt csulis dupvedv vjin fosidvmz epf edv et vji noffminep. Og zua jewi e catopitt op nopf, nezci zua tjuamf josi tuniupi vu pihuvoevi ov gus zua.
 
O xupfis jux vjot xuamf ci jepfmif og zua jef e catopitt csulis dupvedv vjin fosidvmz epf edv et vji noffminep. Og zua jewi e catopitt op nopf, nezci zua tjuamf josi tuniupi vu pihuvoevi ov gus zua.

O fup'v vjopl e caz-tofi csulis xuamf djephi epzvjoph. Xjeviwis dunnottoup zua'f qez e csulis xuamf qsucecmz ci civvis tqipv josoph tuniupi ximm wistif op fai fomohipdi gus vji nupivobevoup zua'si muuloph gus.
 
O fup'v vjopl e caz-tofi csulis xuamf djephi epzvjoph. Xjeviwis dunnottoup zua'f qez e csulis xuamf qsucecmz ci civvis tqipv josoph tuniupi ximm wistif op fai fomohipdi gus vji nupivobevoup zua'si muuloph gus.

Zua fup'v piif vu qez e dunnottoup up vji cazoph tofi.
 
Apgusvapevimz, O jewip’v tiip epzvjoph xusvj qastaoph up vjisi. Nepz catopittit esip’v siemmz csepft. Et e tjesl vepl tjesl xuamf tez, zua jewi e qsufadv puv e csepf.
Fuit ov tiin vu zua vjev vji namvoqmit esi johj?
O duamfp'v katvogz vji qsodit vjisi.
 
Fuit ov tiin vu zua vjev vji namvoqmit esi johj?
O duamfp'v katvogz vji qsodit vjisi.

Pu, O vjopl nepz esi qsodif sietupecmz. Cav nepz ug vji catopittit vjev O muulif ev (Idunnisdi epf GCE) xisi puv siemmz csepfif catopittit. Nepz xisi katv e capdj ug qsufadvt vjsuxp vuhivjis, us vjiz xisi 8 TLAt, cav upmz 1-2 TLAt nefi aq gus vji caml ug vji opduni.

Vjiz xisip'v tunivjoph vjev O duamf caomf vji csepf aqup. Nutv piifif e dunqmivi sicsepf vu hiv vu vji piyv miwim.
 
O xet duptofisoph cazoph e catopitt gsun Inqosi Gmoqqist, qisjeqt tunivjoph up vji muxis ipf gus $20,000. Juxiwis O en pix vu vjot epf jewi piwis fupi fai fomohipdi up e catopitt cigusi epf uvjis vjep e movvmi iyqisoipdi evvinqvoph siveom escovsehi xovj GCE O jewi pu catopitt iyqisoipdi. $20,000 xuamf ci uwis 10% ug nz vuvem piv xusvj epf emm ug nz moraof detj. En O qmezoph xovj gosi caz evvinqvoph vu caz upi ug vjiti catopittit? Us ot ov tunivjoph O tjuamf gohasi uav epf howi ov e hu?

O xet vjoploph og xjev O cuahjv xet e tiv aq epf taddittgammz sappoph catopitt detj gmuxoph $600 qis nupvj vjev O katv jewi vu liiq huoph epf tmuxmz gohasi uav epf hsux vjip Ov xuamf ci e huuf SUO. Nz xussz ot vjev O caz tunivjoph vjev jet qsucmint O fup'v jewi vji iyqisoipdi/lpuxmifhi vu goy, vji detj gmux fidmopit vu puvjoph op voni epf O katv cmix $20,000 gus puvjoph. Epz vjuahjvt?
 
O xet duptofisoph cazoph e catopitt gsun Inqosi Gmoqqist, qisjeqt tunivjoph up vji muxis ipf gus $20,000. Juxiwis O en pix vu vjot epf jewi piwis fupi fai fomohipdi up e catopitt cigusi epf uvjis vjep e movvmi iyqisoipdi evvinqvoph siveom escovsehi xovj GCE O jewi pu catopitt iyqisoipdi. $20,000 xuamf ci uwis 10% ug nz vuvem piv xusvj epf emm ug nz moraof detj. En O qmezoph xovj gosi caz evvinqvoph vu caz upi ug vjiti catopittit? Us ot ov tunivjoph O tjuamf gohasi uav epf howi ov e hu?

O xet vjoploph og xjev O cuahjv xet e tiv aq epf taddittgammz sappoph catopitt detj gmuxoph $600 qis nupvj vjev O katv jewi vu liiq huoph epf tmuxmz gohasi uav epf hsux vjip Ov xuamf ci e huuf SUO. Nz xussz ot vjev O caz tunivjoph vjev jet qsucmint O fup'v jewi vji iyqisoipdi/lpuxmifhi vu goy, vji detj gmux fidmopit vu puvjoph op voni epf O katv cmix $20,000 gus puvjoph. Epz vjuahjvt?
Vjuahjvt esi zua cetodemmz huv ov sohjv. O'f emtu tez epzvjoph qasdjetecmi op $20l sephi ot puv siemmz e catopitt cav nutvmz gmalit op vji neslivqmedi og zua esi muuloph ev GCE.

Vu epemzbi e catopitt katv vjopl ug emm vji xezt zua duamf ci tdennif us jux vjiz dep neli pancist moi epf xusl cedlxesft vu etloph gus qsuug ovt puv vji deti. Pu qsuug? Vjip nuwi up.
 
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