How do I offer my leads to investors or wholesalers in Baltimore?

[Chris Burgess]

Hello Everyone!

My name is Chris and I am wholesaler in Baltimore. I started about a year ago. Since then, I have been making deals but I am scaling back into part time wholesaling for a period of time.

Here is my situation:

I have a pretty good absentee list of about 700+ absentee owners in several zip codes. I am also making a very detailed, specific and targeted list of every vacant house in Dundalk, where I work full time. I run each house through sdat and do as much research as I can including comps and drive-by assesments.

I have my own yellow letter system that I have worked and perfected and that is much better quality than any of the online sourcing companies.

When I finish this list of dundalk, I am sending out a mailing campaign and redirecting calls on a google voice account,

Here is where I need the advice.

I don't have the time to follow up with these hot leads that I get from the campaign in order to put them under contract and wholesale them.

My plan is to partner with another wholesaler or investor and let them get the deals under contract and sell them or invest/flip them and I get a commission or fee.

I feel like I am really developing this lead list and presenting the "partner" with really valuable leads with no effort on their part ready to negotiate.

My questions are as follows:

1- Have you ever done something like this or heard of someone doing something along these lines?

2- I have learned not to trust almost anyone in this business; what can I do to protect myself from someone going around me, selling these properties and me not even knowing about it?

3- What percent of the profit or assignment fee should I offer? (50/50 or less?)

4- Do you know anyone who might be having trouble with lead acquisition that might be interested in this deal?

Thanks for time and any help.

-Chris Burgess