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Updated almost 3 years ago on . Most recent reply

User Stats

40
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David Constant
  • Real Estate Agent
  • Connecticut & Rhode Island
21
Votes |
40
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Starting with Wholesaling - Looking for Partnership/Learning Opp.

David Constant
  • Real Estate Agent
  • Connecticut & Rhode Island
Posted

Hey team -

I recently dove into wholesaling and I wanted to reach out here to see if there's anyone willing to squad up. Here's what I've done so far:

-built my Driving for Dollars list (over 500 properties)
-skip traced local pre-foreclosure and tax delinquency lists

-began cold calling (spent about 15 hours on the phone so far)

I've spent hours listening to Wholesaling Inc., watching videos of Max Maxwell, Sean Terry, Brent Daniels and others on YouTube, and searching through the BP forums. I'm incredibly eager and willing to put the time and energy in to make this happen and I'm looking for someone to learn from/with as I get started. I know myself and I learn best when I'm doing it with someone. And I'm not all about taking for myself: I'm fortunate enough to have a solid W2 job right now so as I am learning, I want to JV deals with you, send good deals your way, etc. I'm not naive enough to think I'm going to keep everything for myself as you teach me the ropes.


I have a couple of warm leads right now - or at least what I think are pretty solid leads - and I'd love to connect with you on the specifics: is it a deal? what should my maximum allowable offer be? is it okay to go under contract but not be able to get into the actual property? etc.

Please respond to this thread or DM me. 


Thanks again!

Dave

Most Popular Reply

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6,629
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,583
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6,629
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

I usually rail on new wholesalers, but I want to say that you are off to a good start. Too often new wholesalers are just looking for money, you are doing the work to get your business of the ground and have some metrics already to show someone. You are doing exactly what it takes to find a more experienced wholesale mentor in your area. Just be careful who you trust or else your deals will become their deals without you even knowing. If you want to be a good wholesaler and one that your investors can trust, you have to be transparent about the wholesale process to the seller. If you pretend you are the end buyer, you are lying if you aren't going to do it and then savvy investors will cut you right out of the deal if they can.

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