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Updated over 9 years ago on . Most recent reply

User Stats

846
Posts
431
Votes
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
431
Votes |
846
Posts

Showing wholesale deal tonight!

Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
Posted

We have a property under contract that we are going to wholesale.  We have 6-7 people interested in the deal already in two days.  We are going to meet 3 possibly 4 people at the property tonight to show it.  How many people is to many for a showing??  We normally have one buyer at a time come through a property in the past.

Is having 3-7 people come see it at the same time a bad idea??

Most Popular Reply

User Stats

846
Posts
431
Votes
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
431
Votes |
846
Posts
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
Replied

@Carey Edmund   Bidding war would be VERY exciting!!

@Andrew Lockhart Getting started is the most important part.  You will learn quick!  We started with $1000 and spread it out over 2 months.  We would send out a batch and then take a week off to regroup and follow up.  You will get calls immediately!  We send out our letters on saturday and we would receive calls monday afternoon.  The first week we had 15 calls.  That is about the average response when sending out 333 letters.  Sometimes more sometimes less.  We hit each lead 6 times over 6 months.  Now we send out 1500 a month.  500 per week then 1 week off.  In our first mailing spread out over 2 months we wholesaled 1 deal and made $10500.  It took us 6 weeks to lock up and complete our first deal.  Best advice is to take action and ask questions as you go.  I would post your progress on here and ask for advice.  This site is like having a mentor at your beckon call.

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