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Updated about 11 years ago on . Most recent reply

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Kevin Romines
  • Lender
  • Winlock, WA
1,100
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Best use of time and techniques used to assess the deals

Kevin Romines
  • Lender
  • Winlock, WA
Posted

We all have heard "Time is Money" and that can literally be true. My question is, if you are looking at a deal that you plan on wholesaling or Wholetailing, whichever the case may be, how do you decide if the deal is worth your time versus the opportunity costs.

Basically put, should I put the property under contract and then begin the process of finding your cash or retail buyer, or should I pass on this deal because the margins are to small/tight, and a better use of my time might be chasing down the next deal with better margins?

Sure, in theroy we are always chasing down multiple deals at any one time, but I wanted to get your input on how you make that decision and what factors you consider when faced with a slim margin deal?

Most Popular Reply

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Gerald K.
  • Real Estate Investor
  • Kirkland, WA
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Gerald K.
  • Real Estate Investor
  • Kirkland, WA
Replied
Originally posted by @Duncan Taylor:
What the heck is "Wholetailing?" Sounds like guru-speak.

Believe it's priced above wholesale but below retail - thus Wholetail.

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