Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

User Stats

311
Posts
93
Votes
Joe Butcher
  • Dallas, TX
93
Votes |
311
Posts

Defining "motivated"

Joe Butcher
  • Dallas, TX
Posted

Have been getting lots of calls since starting my yellow letter campaign. No deals so far, as the sellers (or potential sellers) haven't seemed that motivated to me.

Maybe it's my expectations? Maybe I was expecting the seller to say "PLEASE take my house at 30% of market value!!" or something.

Maybe I'm unsure just what "motivated" is. A gentleman I spoke with today said he wants to sell his rental property, and is sick and tired of being a landlord as he lives 30 miles away. To me that sounds motivated, BUT is it motivated enough to let me have the property at a good enough discount to make it a deal? If he already has it rented out, what would be the benefit of a possible owner finance as an alternative to a cash deal?

Sometimes I feel that I may be letting potential deals pass me by because I am not sure what kind of deal matches what level of motivation.

Anyone else face a similar situation as a beginning wholesaler?

Thanks.

Loading replies...