Wholesaler by accident

[Michael Kussin]

Morning! In need of some advice here. After listening to an old episode of the rookie podcast, I ended up shooting a couple of messages to owners of houses listed for rent. Just to see what conversations I could have and learn more. Now I'm in a back and forth with someone who is interested in selling, but I have no idea what I'm doing, or what to do next. 

My thoughts are to find a wholesaler in my market (Denver), hand over the deal to them, and sit in on it to learn. Is there a best way to go about this? Or a better route I should take this?

[Joe Homs]

@Michael Kussin first of all you want to make sure that you really have a deal. We are buying, in California, deals at no more than 75% of the After Repair Value (ARV.) You have the hard work done. Getting the owner to agree to sell with your terms.

The next thing you need to do is have them sign a contract and decide if you are going to wholesale it or flip it yourself.  Learn how to do both and you will be 100% there.

Good Investing...