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Updated about 5 years ago, 12/11/2019

User Stats

2
Posts
4
Votes
Aaron Dean
  • Wholesaler
  • Lees Summit, MO
4
Votes |
2
Posts

My First Wholesale Deal!

Aaron Dean
  • Wholesaler
  • Lees Summit, MO
Posted

This is the first house I wholesaled in Grandview, MO.

Through this deal I learned the value of relationships; knowing other Wholesalers, Real Estate agents, etc. 

Deal info:

Under contract: $35,000

Other Wholesaler brought Real Estate Agent

Real Estate agent brought buyer

Purchase price: $50,000

Assignment fee split 3 ways: $5,000 each!

It always pays to network! Property sold in about 21 days.

If these type of deals interest you and you are interested in making things happen I am more than happy to network with you to get a deal done! Relationships are HUGE!

User Stats

69
Posts
14
Votes
Pearline Hardy
  • Attorney
  • Kansas City, MO
14
Votes |
69
Posts
Pearline Hardy
  • Attorney
  • Kansas City, MO
Replied

Congratulations Aaron! Smart way to get that deal to a retail buyer. It definitely pays to think outside the box. I don't even think about retail buyers when wholesaling. Thanks for sharing and opening my mind to a new possibility.

Account Closed
  • Niles, IL
2
Votes |
27
Posts
Account Closed
  • Niles, IL
Replied

Congratulations !

You can count me in. Please send a PM.

Good luck !

Francis

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User Stats

205
Posts
136
Votes
Cliff Harrison
  • Rental Property Investor
  • Shawnee Mission, KS
136
Votes |
205
Posts
Cliff Harrison
  • Rental Property Investor
  • Shawnee Mission, KS
Replied


Originally posted by @Aaron Dean:

Deal info:

Under contract: $35,000

Other Wholesaler brought Real Estate Agent

Real Estate agent brought buyer

Purchase price: $50,000

Assignment fee split 3 ways: $5,000 each!

Hi Aaron - for next time, please put me on your buyer's list.  This house looks solid for a $35k buy, I'd like to have it in my rental portfolio.  Congrats.  

Cliff

User Stats

160
Posts
54
Votes
Jay Johnson
  • Pelham, NC
54
Votes |
160
Posts
Jay Johnson
  • Pelham, NC
Replied

Congratulations! 

Networking and relationships, with the right people, are key!

User Stats

206
Posts
53
Votes
Brandon Holley
  • Lenexa, KS
53
Votes |
206
Posts
Brandon Holley
  • Lenexa, KS
Replied

@Aaron Dean Congratulations, you found a great deal there. I look forward to seeing your next one! 

User Stats

82
Posts
27
Votes
Rob Krach
  • Lender
  • Chicago, IL
27
Votes |
82
Posts
Rob Krach
  • Lender
  • Chicago, IL
Replied

Aaron,

Do you mind sharing how you found this deal?

thanks,

Rob

User Stats

846
Posts
430
Votes
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
430
Votes |
846
Posts
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
Replied

@Aaron Dean

Congrats on your first deal!  Networking is king when it comes to wholesaling.  Great job!

User Stats

316
Posts
118
Votes
Julie Toh
  • Specialist
  • Mortgage Broker Canada
118
Votes |
316
Posts
Julie Toh
  • Specialist
  • Mortgage Broker Canada
Replied

Well done, Aaron.

I am actively looking at properties to wholesale and share your value of team work to get deals done. 

User Stats

51
Posts
7
Votes
Jeffrey Townsend
  • Rental Property Investor
  • Kalamazoo, MI
7
Votes |
51
Posts
Jeffrey Townsend
  • Rental Property Investor
  • Kalamazoo, MI
Replied

Niiice! Sweet Deal Aaron Dean congratulations

User Stats

14
Posts
3
Votes
Michael Grant
  • Flipper/Rehabber
  • Bronx, NY
3
Votes |
14
Posts
Michael Grant
  • Flipper/Rehabber
  • Bronx, NY
Replied

@Aaron Dean congratulations Aaron!! I am looking to start and get my first deal done. I’ve Been stuck on this for almost a year and I’ve been so he’ll hesitant on pulling the trigger. I would love the help!