Joint-venture wholesaling is the practice of two or more wholesalers partnering on a deal, splitting the work and the fee.
Log in to followA few deals in and I'm hitting a ceiling on dispo, so I'm looking at JVing my contracts out instead of sitting on them. Before I commit I want the real cost sheet. I've seen peopl…
I'm list building, no deals yet, and I've realized I'm building the wrong half without deciding it on purpose. I've got about 400 records of absentee owners and pre-foreclosure in…
Lead came from a lending contact of mine, a tired owner of a small 4 unit in a soft submarket. I brought it to a wholesaler I'd worked with once before on the dispo side. Contract…
Still building my seller list, so this is theoretical, but it's bugging me. Say I lock up a contract and JV with a wholesaler who has the buyer. Assignment fee is $10,000, we agre…
A framer I've worked with for years called me about his aunt's house. She's in assisted living now, the house is empty, and the family wants it gone without listing it. I've swung…
Contract at 132k on a 1980s 3/2 in a subdivision where everything sells. Seller had moved for work and had a tenant who stopped paying. Assigned at 146k. Fee 14k, split 50/50 with…
Everyone talks about the fee. Nobody publishes the spend on the ones that die, so here's mine. Spend: 2,300 on marketing, which was 900 skip traced records plus a dialer month and…
I ask the questions I'd be embarrassed to ask out loud, so here's one. I have two contracts I can't move, small fees, maybe $12,000 combined if they close. An operator with someth…
This started as a normal seller call. Owner is 78, has held a 12 unit walkup since the eighties, nine occupied, three down and gutted to studs from a burst pipe two winters ago. H…