Everything I read about wholesaling says the whole appeal is you never own the house, you just sell the paper. Then this room says double closing means you actually buy it. So do…
I run a cleanout and turnover crew, five years, mostly for landlords. One of my regular clients inherited her aunt's house and wants it gone without listing it. I've been in the h…
Reading the material on these groups twice, the way I do, and the same claim keeps coming up: a network helps members stay compliant because knowledge about state rules gets share…
Got a buyer representation agreement by email Friday night. She won't show me anything Saturday until it comes back signed, which I gather is now the rule everywhere. The terms as…
I've been reading up on this for six months and this part still won't sit straight in my head. My buyer representation agreement, the one I have to sign before touring anything no…
Renovation is my usual lane and I keep getting handed these because nobody else wants them. Current one: seller inherited, holds title alone, house is full floor to ceiling, and h…
I want income that doesn't turn into a second job, and every free video I've watched says wholesaling is how you start with nothing. Lock a house under contract, assign the contra…
Ran the arithmetic on three years of my own buy-side spend and the percentage structure looks harder to defend the bigger the deal gets. On a $180k rental, 2.5% is $4,500 and the…
Here's the argument I got into with a guy who's been doing this longer than me, and I've been chewing on it for a week. His position: the tax treatment is part of the return. If y…
Two operators I've been talking to model the same gut completely differently and I can't tell which one is actually more conservative. The first one models 150 days of carry as th…
Three cosmetic flips in and I'm trying to step up to a real gut. On the cosmetic jobs 10 percent contingency was plenty, I never used all of it. Put the same 10 percent on a 100k…
Been reading notes for a year and this is the first time the paper is mine, and of course it's the paper that's the problem. House is a 1,650 sq ft two story in a first ring subur…
Curious about the service side of this and this keeps coming up when I talk to people. If you buy a house that's half torn apart and you live in it while you fix it, what policy a…
I'm building a buyer list right now, about 40 names, mostly from county records and a couple of local meetups. Someone in a group chat invited me into what they called a micro-who…
A group of four wholesalers in my county have been feeding each other leads for about a year. Three of them work day jobs. They contract maybe 2 to 4 houses a month between them a…
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…
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.…
Came from the construction side, so I know how to look at a house and price the work. The investing paperwork is new to me. I've got a seller lead through an old GC contact, tired…
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…
I have a certificate approaching the end of the redemption period and I'd rather not spend the money to get to a deed that a judge can undo. Numbers: $6,800 all in with two years…