My Wholesale Journey Experiences

[Vivian Butler]

Hi There,

My name is Vivian. I started wholesaling and learned people like to work with verbal communications and no one had an interest to want to put any type of co wholesale of joint venture agreement together. I also learned that people who did agree to an agreement, started the agreement and then disappeared. One of the key takeaways in a person's wholesaling journey is finding the right people who are serious and want to connect with you to create profitable and wholesaling success.

I connected with someone on the east coast and they want me to work with them as their virtual admin finding buyers and sellers for them. They sent me their seller intake form with a list of properties that are being sold and a form for the new investors. I am looking for the agreement that states the terms of payment and details of communications to ensure I am getting paid and the person told me that is based on verbal communications of trust between the two. WOW!

I like this platform on BiggerPockets which allows people to connect with one another in a structured manner. I tried to post a JV Partnership request and they denied the posting of the request and said JV posts are not allowed.

Hopefully, I can meet and connect with some serious investors to work with and create profitably, successful relationships with.

[Bryce Jamison]

I don't understand what you're trying to do. In my experience, wholesalers ask what type of properties folks are looking for, then they go out and find and get them under contract. They then send out what properties they have under contract to their list of buyers hoping to make a spread on the deal. Doing this requires both a healthy inventory of deals way under market value and a large list of serious buyers. I don't understand why I'd need to be in partnership to buy properties from someone.