Greeting all, new here to BP

[Duane Welch]

My wife and I are new to the business. We are located in Clinton Utah.

We are starting with wholesaling then moving onto rehabs. At some point we want to look into commercial and rentals.

We are excited in getting to know you and hope to network with you. Opportunity awaits.

We are looking for opportunities with lenders and cash buyers. We are being trained and educated through Fortune Builders and are looking forward to crushing it with you.

[Alex Craig]

Welcome.  Wholesaling can be lucrative with littler risk.  I would say make sure the market you are wholesaling is not over saturated with wholesalers. Right now, Memphis has waaaaaaaaaaaaaaaaay to many.  I get robo calls daily, mailers and every corner has "We buy houses."  I think people who start wholesaling here likely get frustrated and give up.  Here is my advice to standout as a wholesaler

• Be transparent with the seller
• Be transparent with the buyer, especially if you are doing a JV with another wholesaler or reverse wholesaling
• Provide accurate rehabs
• Report the age of the big ticket items such as HVAC and Hot Water Heater
• Tons of pics
• Don't oversell the deal by exaggerating the ARV, under estimating the rehab, calling it "great neighborhood" when in reality it is D class. There are D class buyers, so no need to oversell. Local buyers will sniff that out and the loss of credibility will happen

Good luck.