How not to wholesale

[William Walker]

Wanted to post a brief interaction I had with a wholesaler.

I saw a property on craigslist that was listed for 19k.  It's a gutted house and there was only one picture which was on Zillow.  The house was off market.  The add states that the price is the "wholesale price" and that it must be closed by Jan 4th.  I send an email asking about the property and if I can be added to their buyers list.  A few days go by and I don't hear anything back, but then I see a post on craigslist with no pictures titled "Home for sell" listed for 12k.  I click on it and it's the same property!  So I send a text to the number asking if they are a wholesaler and the guy replies "No, I'm the homeowner.  I just had some dumb@@@ whole selling company that has wasted my time for about 3 months and then I found where they had on Craigslist asking like 19,000 when I thought they were buying it".

To add some whip cream to this treat I get a response from the wholesaler the next day saying he would add me to his buyers list.  Sends me an email that has two "deals" typed in comic sans, no links, no pics. 

And finally to put the cherry on top, the wholesaler has an account on BP.  I click on it and the description reads, in all it's glory "I learn for 6 years, no deal yet".