Updated about 10 years ago on . Most recent reply
Wholesale deals
I live in Fort Worth, Texas. Bandit signs are illegal obviously, and I read an article that said that the city is pretending to be customers calling on signs, and then giving them a citation. Regarding yellow letters, ive read that you need to send out 2000 per month, but that costs $700 at .35¢ each. I thought about marketing online, but a quick search pulled up several established home buyers in my area. Auction.com looks great, but I can't afford the $2500 deposit needed in order to bid. How are the little guys getting deals? Please help!
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Chris Soignier
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#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
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Chris Soignier#5 Coronavirus Conversation Contributor
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
HUD homse almost always need at least some new flooring, but some can be desirable to live in while others may need a lot of work. Lots of gurus talk about low/no-money down investing, but DFW is a hot market w/ lots of cash buyers, so such opportunities aren't very prevalent. HUD homes generally require $1K escrow for homes over $50K. Give me a call if you'd like to find out more.
To wholesale, you're going to either need to spend money &/or time (driving for $, door knocking, etc.) to generate leads, there's no free ride.