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Updated over 9 years ago on . Most recent reply

User Stats

4
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1
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Thomasine Scott
  • Houston, TX
1
Votes |
4
Posts

A possible deal

Thomasine Scott
  • Houston, TX
Posted

So I just found out about a house that will soon be put on the market and I was able to get the phone number of the seller. Honestly I'm scared ****less to make this call. I don't know if the wholesaling contracts I've downloaded are good to go. As much as I've read I don't know what questions to ask. I'm in TX and RE websites don't list recent home sales prices, only estimates, so I don't have any comps which means I have no idea what range to start with an offer. Should I just let this pass or should I go ahead and make the call and just run with it? Im minimally involved in my local REIA but up to this point I don't have a mentor.

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User Stats

223
Posts
66
Votes
Chance Housos
  • Investor
  • Sachse, TX
66
Votes |
223
Posts
Chance Housos
  • Investor
  • Sachse, TX
Replied

Where are you located? Find an experienced wholesaler and ask them if you can take him over and split any commissions. Take less than half if needed and tell them you want to be part of the whole process. Maybe you can build a relationship with them, just don't ask them to be your mentor. 

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