Wholesaling in Portland, OR Area?

[Dominic York]

Hello everyone,

I am new to the industry - currently have one SF rental and my goal is to Wholesale for capital. I am getting better at reaching potential sellers (still not great at it) but am having a hard time completing my first Wholesale deal.

I don't know what kind of contract/paperwork I need... and how to assign it once I get the Seller on board, among other things. I am willing to put in the work to make this happen, just hoping for some direction. Book recommendations, general advice, etc.

Thanks for any help!

[Chris Shepard]

@Steve Morris

Actually Steve, I did that exact thing that you mentioned about 5 years ago. I filed a complaint against him with the REA. I too thought what he was doing wasn’t legal and wasn’t fair since I had worked hard to get my real estate license.

In the end though, the case was dismissed after he explained which laws he was operating under and I was proven wrong. I also felt quite a bit of remorse for what I did after the fact and Scott eventually forgave me for what I did.

In the end I agree with you there are some people who take advantage of other people, but wholesaling is about providing a service to home owners who need to sell a very illiquid asset very quickly. There’s only a small segment of property owners who this serves. In particular with Scott he tells them if they use a real estate agent they will likely get more money out of the deal, but he highlights what services he can provide and why his way is easier.

Cheers,

Chris