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Updated over 9 years ago on . Most recent reply

User Stats

178
Posts
59
Votes
Rich Bravo
  • Investor
  • Brea, CA
59
Votes |
178
Posts

Trying to Wholesale in Orange County Ca / Other investors are stealing my contacts...

Rich Bravo
  • Investor
  • Brea, CA
Posted

Hello All,

Here is the deal. I'm still new to this and learning along the way. I have been wanted to get in the game for some time now. It's been a few months and I have networked with some good connections here is my problem I can find the deals but when I wholesale to other investors the problem is my investors start to steal my contacts and go right around me. How can I protect myself?

Any input would be great!!

Thank you.

Rich-

Most Popular Reply

User Stats

2
Posts
2
Votes
Charlie Mackey
  • Real Estate Investor
  • Long Beach, CA
2
Votes |
2
Posts
Charlie Mackey
  • Real Estate Investor
  • Long Beach, CA
Replied

This is a tale as old as time. I started my career by wholesaling and stuff like this is bound to happen, almost like growing pains. There are of course ways to protect yourself and your sources such as non-circumvents, non-disclosure agreements, double closing transactions (as mentioned by @David Hunt above), etc. In the end, you'll find that working with a select group of quality, trustworthy investors is the best route rather than mass-blasting a distribution list of random money. Find the buyers that are interested in closing deals with you because they recognize your value and the service you can provide them! Well said @Matthew Nixon

Good luck in your endeavors! @Rich Bravo

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