Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 10 years ago on . Most recent reply

User Stats

26
Posts
6
Votes
PAUL ARNDT
  • Peoria, AZ
6
Votes |
26
Posts

Reality check

PAUL ARNDT
  • Peoria, AZ
Posted

For those that have had some success with wholesaling, how long was it from the time you started actively hunting for deals until you closed your first one?  For those that haven't closed a deal, yet, how long have you been working it?  Thanks

Most Popular Reply

User Stats

13,407
Posts
19,447
Votes
Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,447
Votes |
13,407
Posts
Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

Paul,

I've been WS for quite a while.  I closed my 1st deal when I found a Buyer first..then just filled an order.  I got the Buyer's Investment Profile, looked for properties that satisfied it, locked up a few properties, presented them, then he picked what he wanted (I believe it was actually 3 properties he picked), then delivered those three to the Buyer.

From the time I got the Buyer Profile, to the time I got paid, was probably no more than 2 weeks.  Now, I have a lot of Buyers on my list.  When I find a property they may like, I just do again what I did the first successful time.

Find your Buyer(s) first...then just fill orders.  Reverse Engineer your system and you will be more efficient with your time...and be very successful.

Joe Villeneuve
REcapSystem
A2REIC

Loading replies...