Why I have been gone from BP the past 9 months

[Paul Logsdon]

In January 2020 I got my first property under contract and it closed in march, just days before the entire country shut down dues to COVID-19. I was working full time and became inactive at my sales job because they stopped generating in home sales appointments. I eventually quit in June partly due to frustration but mostly because I just closed on a $35,000 gross profit wholesale deal. 

It's safe to say my wholesale business is doing alright, I even managed to pick up a rental property. 

I have completed over 10 deals and each one has been unique in itself. To be honest none of them have been like I was taught in wholesaling books or like the videos/podcasts/gurus say. 

I think there's an old school group of wholesalers out there who are teaching a bunch of ancient crap to our community. 

Through my post I will be documenting my unorthodox "new school" method of wholesaling. 

Also I noticed that the BP community has different views on wholesaling and wholesalers across the board so let me say this:

My business is always conducted in a honest and transparent way. I operate under my own set of core values which will never be compromised and as a wholesaler who takes pride in serving homeowners and investors alike I hold myself to the highest degree of ethics and morals.  

With that being said I am going to begin documenting every deal I close her on BP. these posts will include how I found the deal, how it was negotiated, how it was analyzed, how it was closed, and any difficulties that I had to navigate or anything new I learned.

Enjoy!

Persistently,

-Paul Logsdon

[Zapata Tate]

@Paul Logsdon

Thanks for this, Paul. It seems that some people have a negative view of wholesaling. (I'm new and have yet to close a deal, but hopefully putting my first one under contract Tuesday).

Congratulations on growing your business.