Here's my cost per contract math, tell me what's wrong with it
I'm new to this specific strategy and I'd rather be corrected now. My planned numbers for a single out of state market: 10,000 text messages at about $0.02 each, so $200. Data and…
Virtual wholesaling is standard wholesaling conducted remotely.
Log in to followI'm new to this specific strategy and I'd rather be corrected now. My planned numbers for a single out of state market: 10,000 text messages at about $0.02 each, so $200. Data and…
Three different people found me in the last two months asking if I'd go look at a house for them. All out of state, all doing some version of remote wholesaling, all in the small…
I've got two markets shortlisted 700 and 1,100 miles away, decent price spreads, plenty of listed cash sales. I also live in a metro where houses are expensive, competition is hea…
I'm rebuilding my outreach for a market I've never been to, and the two options don't sit next to each other well. Outbound calling and texting means I control the volume. I pull…
First and probably last virtual attempt while I wait on my rental to close. Writing it up because the failure point wasn't where I was looking. Deal shape. Single family, 1,340 sq…
Before I fund anything connected to this, I want to understand the model. What I've read says virtual wholesaling needs no money because you assign the contract instead of buying…
I pulled lists in two mid-size metros about 900 and 1,400 miles from me. Both are places I picked because the buyer forums there look busy and price points are under $200k. What I…
Contract at $185,000. My ARV was $260,000 built off photos and a data platform estimate, repairs guessed at $45,000. I had a buyer at $200,000 verbally, so a $15,000 spread. Buyer…
A wholesaler I've dealt with twice by phone wants transactional funding for a back-to-back closing. Numbers as presented: A to B at $118,000, B to C at $139,000, same day, same ti…
I care more about the filing cabinet than the houses, so this is where I'm stuck. My plan is to source in four states, none of them the one where my LLC is organized. The LLC neve…
Course hours are done, exam is in five weeks, and I'm licensing in the state I live in. The problem is that roughly 60% of my usable leads are coming out of a metro about 700 mile…
Three assignments done in my home market, average fee $9,200, and all three sold to the same two buyers. That's the ceiling. So I'm opening a second market about 700 miles away, a…