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Updated about 14 years ago, 11/15/2010
How to Properly market my wholesale deals!
Good evening BP fam,
I'm interested in learning the proper (successful) way to market my wholesale deals to other investors without disclosing MY contract price and losing leverage in the deal. I'm talking through emails and phone calls.
Do I email my buyers list with an asking price higher than what I got it under contract for or just request a certain amount for an assignment fee? I need a good system to follow, and repeat.
I'd like to hear from other wholesalers or those familiar with the process.. Do you not disclose even an asking price and just provide your comps, ARV, repairs, location, etc and wait for offers or do you basically put a price tag on your contract and market it by saying something like "5k for assignable contract in Woodforest Oaks, 3/2, contract for 90K for property located at 1211 Oak Ln, 10k in repairs, 155K ARV?"
Let's pretend you go this route -- you advertise your 90K contract for 100K to all of your investors. How do you work in the assigment fee?
Please advise, I'm interested in hearing input about both examples, and how I would structure the assignment fee for the 2nd example without having to do a back-to-back closing!
:mrgreen: