Newbie in Atlanta Georgia

[Peter Tkachenko]

Hello biggerpockets community. I am a newbie to real estate investing, but I am very excited to start out in this field. I have been reading and researching for the past month and I think I found my niche that I want to pursue, wholesaling. I have a question for all the cash buyers out there. What do you look for in a wholesaler? I assume that first and foremost buyers are looking at the deal. The deal has to make sense. Yet, is there anything more to that? What else can I do, except find great deals, to bring value to the buyer?

[David Begley]

@Peter Tkachenko It's probably easier to describe what I don't want in a Wholesaler. My "hot buttons" are - 1. Present fresh, off-market deals. Nothing turns me off faster than a Wholesaler sending me a "hot" property only to find it's listed or is a "bad penny" that shows up every other month. 2. ARVs using realistic comps - actual recent sales on the same street, neighborhood, or close proximity. Again, another turn off are wholesalers that back into their ARVs using ridiculous comps that reflect a value significantly higher than anything that's ever sold on that street. 3. Reasonable rehab estimates. If I drive past the house and the repair estimates presented by the Wholesaler are too low to even repair the exterior, not good.

Build a reputation by consistently delivering these three items and you'll succeed with repeat business. Too many Wholesalers seem to price their deals with "a sucker is born every day" mentality as opposed to trying to build a business with repeat customers.

IMHO... lol