Story
A deal worth studying: the contract came in with a $34k spread, the dispo partner blasted it to a list of sixty names, and the first written offer was $28k over contract price fro…
Story
I had a buyer ready, guy who moves fast on anything under a $35k spread, and I had to call the contract seller back before I sent it out. He said the $210k came from a Zillow esti…
Discussion
Six months ago the standard advice was to get your deal in front of 2,000 emails and let volume do the work. That logic assumed the buyers at the top of any serious list were stil…
Discussion
Asking because I've seen two different structures on deals in my market and they're not the same thing even though people use the same language. One arrangement I looked at had th…
Discussion
Here is a situation that comes up more than it should. A transaction coordinator who also handles dispo gets a packet with a stated ARV of $187,000 on a property in a zip where th…
Discussion
Sitting on capital so I watch a lot of these deals come through rather than originate them, and I keep trying to figure out what the marketplace layer is actually buying for a who…
Discussion
The fee ought to track how much work the dispo side is actually doing, and in practice it often does not. A wholesaler who brings a contract with three warm buyers who have alread…
Poll
This keeps coming up and the room is going to split. Situation I'm in. One acquisition-focused wholesaler does 6 to 9 contracts a month and wants me on an exclusive: I move only h…
Discussion
Coming from renovation work where I can point at a wall I built, this model confuses me. I've been reading about wholesalers who only do dispo, and as far as I can tell they don't…
Happening Now
Been doing rehab work for years so my phone is full of people who buy houses that need work. Actual buyers, people who have paid me to swing hammers on their projects. A wholesale…
Poll
A dispo-only operator doesn't find the property, doesn't contract the seller, doesn't take title, and doesn't put up money. They hold a list of cash buyers and get paid a share of…
Loss
Take a disposition operation built over seven months. 214 names in the CRM, 61 tagged as verified, meaning proof of funds seen in the last 90 days and at least one confirmed close…
Discussion
Long holds and land are my normal territory, so this is me reading into something adjacent rather than operating in it. A dispo arrangement was described to me where the operator…
Poll
I spent a weekend trying to verify a 60-name buyer list a dispo operator sent me as part of his pitch for capital, and the exercise mostly taught me how weak the standard evidence…
Poll
Say a wholesaler sends over a single family contract and asks for help finding a buyer, complete with 22 photos, a walkthrough video, and a repair estimate, for a property well ou…
Loss
I mostly do long holds and land, so this was outside my lane and it shows. I ended up with two contracts I didn't want. Infill lots, one 1.1 acre and one 0.6, in a growing small c…
Poll
Two competing views on where dispo value sits going forward. The relationship case: the asset is a list of buyers who pick up on the second ring, know the pricing is straight, and…
Discussion
A few deals in on the acquisition side and I've hit a wall where I can find contracts and then sit on them for two weeks. So I've been looking at the other direction, whether I co…
Happening Now
A JV structure for dispo splits comes up often enough to be worth examining closely. The typical setup: a wholesaler contracts the property, a dispo partner brings the buyer, and…
Discussion
Trying to sort out vocabulary before I embarrass myself on a call. I've seen the same thing called a buyer list, a dispo network, a deal marketplace and a platform, and I honestly…
Loss
Ran dispo for a wholesaler on a 3/2 in a working class suburb, contract at 148k, comps supporting 215k, moderate rehab. Fee to be split was 14k, my half 7k. Best deal I'd touched.…
Poll
Take a dispo operation with sixty names on a buyer list, of which maybe seven have actually closed something in the last year, and a contract landing tomorrow. There are two ways…
Poll
Had a deal last month, small three bed in a working class pocket, contract at 92, comps supporting somewhere in the 150s with real work. I put it out at a fixed 104 and it was gon…
Happening Now
Trying to price out a start and the dispo model keeps coming up as the cheap entry because you're not buying anything and not paying for marketing to find sellers. My count so far…
Discussion
I'm mostly on the rental and screening side, so treat me as an outsider here, but I've been helping someone sort a dispo buyer list and the numbers are strange enough that I want…
Poll
A wholesaler I've been talking to wants me to move a contract with a spread somewhere around $40k. He's used to 50/50 co-wholesale splits and told me that's just the standard numb…
Discussion
The dispo side draws a lot of small landlords because it looks like the part of wholesaling that doesn't require cold calling anyone. Everything written about it says the whole mo…
Win
A useful case study on moving a first wholesale contract, and what made the difference. An operator spends two months building a buyer list with no deals to offer, just asking wha…
Happening Now
A guy I met at a local meetup has three contracts he can't move. Small houses, 90k to 140k range, all needing work. He offered me 40 percent of whatever fee I bring in if I find t…
Discussion
I'm working out the economics before I try to do this rather than after. Say another wholesaler brings me a contract with a $12k spread built in, they've done the acquisition and…
Win
Following up on my earlier thread about start costs. I went with the cheap version and it took longer than the spreadsheet said. Six weeks, 140-odd calls and texts, 22 people who'…