Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 4 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
James Walton
  • Nashville, TN
1
Votes |
2
Posts

Questions I should be asking my wholesaler?

James Walton
  • Nashville, TN
Posted

Hi guys, I am new to the real estate game. I am meeting with a wholesaler this week. They say they have great deals and a lot of there properties are not on the MLS. I figure it can not hurt to sit down and see what they have to offer. Are there any questions or concerns I should be asking or looking out for when I meet with them?

Most Popular Reply

User Stats

126
Posts
46
Votes
Jeremy Galloway
  • Real Estate Agent
  • Birmingham, AL
46
Votes |
126
Posts
Jeremy Galloway
  • Real Estate Agent
  • Birmingham, AL
Replied

@James Walton Are you looking to buy/hold or flip? There's plenty of question that each rabbit hole could offer. As for them, ask them how they work? Sending out deals via text/email/calls? Do they put lock boxes on the contracted houses so you could go view them on your own? Do they typically assign their contracts or double close (if they assign it to you then they would need to provide a contract to you before signing their assignment FYI) What do you have available now? How many deals have you closed this year compared to last? Any JV or partners? Who does your closings (title/attorney)?

I'm a wholesaler in Birmingham, so I'm just regurgitating some questions asked by me. 

Hope that helps getting things started. 

  • Jeremy Galloway
  • [email protected]
  • Loading replies...