Joint-venture wholesaling is the practice of two or more wholesalers partnering on a deal, splitting the work and the fee.
Log in to followFirst JV I did was 50/50 and I earned exactly half. I brought a signed contract and nothing else, and my partner did the buyer work, the title chasing, the extension negotiation,…
A woman two streets over from my mother's place had a 3/2 rental she'd owned since the nineties, tenant paying 780 in a market that supports 1,350, and she'd stopped answering the…
Signed a JV on 11 acres about 20 minutes out from a growing secondary market. Seller was an out of state heir who wanted it gone by year end. I got it at 88k on a 60 day contract…
Small farm town, population under 4,000, roughly 50 minutes from anything with a hospital. I've been mailing owners of low price point houses out there for a while because nobody…
Found this off a service call. Homeowner in a 1970s ranch had a repipe quote she couldn't pay and a plumbing problem that was going to get worse. She wanted out. I'd been reading…
Deal was 118k on a 3/2 in a first ring suburb, going out at 133k, fee 15k, split 60/40 to my partner because he brought the seller and I brought the buyer. My first real fee and I…
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…
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…