Loss
I did this in the wrong order and it cost me about $5,300 over four months, so writing it down while it still stings a little. What I spent: $1,188 prepaid for a year of a propert…
Discussion
Every video about virtual wholesaling says you need boots on the ground. Nobody says what that person is, whether they're an employee, whether they get a cut, or what stops them f…
From the desk:
Last year I started assigning contracts remotely, mostly to feed acquisition cash into the small rental portfolio I hold. Eleven months in, two states, neither of them where I liv…
From the desk:
I've framed and hung board for twelve years, so the one thing I thought I'd never have to outsource is looking at a house. Turns out the market where my calls are actually landing…
Discussion
I'm buying a single family rental for $118,000 and the person who brought it to me lives about 900 miles away. He's never been inside. His numbers came with photos from a contract…
Win
Closed my first one 900 miles out last month. Running a service business for five years taught me systems, which helped, and taught me nothing about houses, which cost me. Numbers…
Discussion
I priced this out both ways this week and the gap is smaller than I expected. The platform route: a national data subscription with skip tracing bundled, call it $100 to $300 a mo…
Discussion
I've got a build decision to make and it changes what I spend the next year on. Option one is depth. Two states, learn them properly, one attorney per state on retainer, contract…
Discussion
I own a service business and I've been lurking here a couple of months, so treat me as the beginner in the thread. I want to understand the two exits before I get near a contract.…
Discussion
I want income without picking up a second job, and virtual wholesaling got recommended to me because there's no property to manage and no tenants. The pitch I heard was a $97 a mo…
From the desk:
Pulled 800 absentee owner records in a metro about 1,200 miles from me, single family, 15 plus years of ownership, out of state mailing address. Trace ran $0.12 a record so $96 al…
Discussion
One channel says you can start virtual wholesaling for nothing with a free county site and a cell phone. Then there's a program selling me a $10,000 course that apparently include…
From the desk:
I want monthly income and I don't want to become a landlord in my own city. Virtual wholesaling came up because it looked like the version where I don't fix toilets. What I have:…
Discussion
I've been running both remotely and the tradeoff has gotten clearer, so I want to know how the room weighs it. Land suits the virtual model almost too well. There's no roof, no mo…
Discussion
Two title agents in the same state gave me opposite answers last week, which is why I'm asking here instead of picking one. The setup: I'm building the file template for out-of-st…
From the desk:
Text campaign turned up an owner of a small 4-unit in a market I've never been to. Two units occupied, two vacant, he says the vacants need paint and one needs a tub surround. He…
Discussion
I run documents rather than properties, and my current setup is a single purchase and sale agreement with an assignability clause, used in Ohio, North Carolina and Oklahoma, plus…
Win
Been planning my first purchase for a long time and it ended up coming from a wholesaler two states away from the house, which is not how I pictured it. The property was a 1960s 3…
From the desk:
I've got eight hours a week and I'm not interested in inventing more. That's the whole constraint. Weekends are not available and evenings are half available. Everything I read ab…
Win
This one closed last month and most of what mattered was the paperwork, so bear with me. The property: a 1,450 square foot two story in an older working class neighborhood about 9…