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Updated over 11 years ago on . Most recent reply
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Tampa Bay cop, but a rookie in wholesaling...
Hello everyone, my name is Sean. I'm a sheriff's deputy in the Tampa Bay region and well, we haven't seen a pay raise in six years. I have always had an interest in real estate and often deal with citizens who are investors. I have always had a calling in helping others which is why I became a cop. I am very interested in becoming a honest and hard working wholesaler to provide me with a side business while still helping others. Being a cop, I obviously drive around in various neighborhoods and see properties in being unkept. Every day I meet people who are desperately needing to sell their house due to divorce, relocating and various other reasons. I strongly feel my dedication to helping others and my strong ethical and moral beliefs would allow me to become a great wholesaler with some advice and experience. I am not looking to make any more than $1500-$5000 per deal as I want to make sure buyers understand I know my role and that is to help the sellers and buyers alike. Thank you in advance for any advice or kind words.
Most Popular Reply
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Thank you all for the greetings. I am basing my "assignment fee" on the local market I am focusing on. I read all 12 pages of The Truth About Wholesaling" and saw stories from investors who smudged at wholesalers messing with the numbers, trying to score a bigger payday. I will not be a part of that as I'm perfectly fine making (at most) $5000, if I know I helped a seller and made a name for myself by passing a great profit margin onto the buyer. If I only charge $5000 while the investors make more than 30%, than I'm perfectly fine with that as I'm sure they would keep me in mind for the future. If a margin isn't as nice, then a $1500 check for me is still better than fighting people high on bath salts for two weeks making slightly less.