Building a wholesaling team

[Gulliver R.]

Attention wholesale vets, 1. Who do I need on my team when I'm doing wholesale deals (lawyer, cpa, title company, escrow company, virtual assistant, etc.?)? 2. Should I do title searches DIY? Thank you! Best, Gulliver

[Brian Jordan]

Hello Gulliver, I've been wholesaling full time for just over 6 years and have built the business in just my market to 8-10 wholesale deals per month. In the beginning, your team should consist of yourself and a title company willing to do double closes or assisnments. Not all are comfortable with them but there's plenty that are. The single best way to build a buyer's list the fastest is through bandit signs. PM me and I'll send you a pic of the one I use. I just threw 100 signs in a new market and got over 250 calls and over 100 legitimate email addresses for cash investors that I personally qualified over the phone. I'll even send you the 5 questions to ask when they call. Next is get a property that is a good deal. For my market, I follow the following formula. ARV * 72% - Repairs - Profit = my purchase price. Reach out with any questions and I'll be glad to help. Abundance creates abundance!!!