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Updated over 2 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Sai Keerty
  • Wholesaler
  • New Jersey
2
Votes |
4
Posts

Fix and Flip investors

Sai Keerty
  • Wholesaler
  • New Jersey
Posted

Hi, I'm just starting out wholesaling real estate, looking to connect with as many people as possible. Trying to learn as much as possible. Any advice for me?

Most Popular Reply

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1,298
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1,482
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Joshua Janus
Agent
Pro Member
  • Realtor
  • Cleveland, OH
1,482
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1,298
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Joshua Janus
Agent
Pro Member
  • Realtor
  • Cleveland, OH
Replied
Quote from @Sai Keerty:

Hi, I'm just starting out wholesaling real estate, looking to connect with as many people as possible. Trying to learn as much as possible. Any advice for me?



If you want to find the deals directly, you'll need to go out and prospect the sellers and see who would entertain an offer. I do this through cold calling, texting, emailing and whatever it takes to find a deal. If you do this on a consistent basis you will find deals as it is just a numbers game in the end.



Get as much information from them on the first call as you can. Here is what I try to gather:

notes on owner / owner motivation

units / beds / baths

price range

Save email / phone #

price?

Lease price, structure, length and longevity of the current tenants

Condition of the capex items including the roof, structure, water tank, furnace, ac, appliances etc.




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