A perspective for beginners

[Manuel A.]

I want to get a perspective of what I should be shooting for this year in terms of wholesaling.

So if you could, for the sake of all of us beginners, please answer the following:

1. How many deals do you make per month? Just you, not you're company as a whole, or you and a partner, just you.

2. What do you usually make as an opening offer? 50%ARV, 55%, etc...

3. What do you usually shoot for in the end when signing your contract?

4. What "exit strategy" do you use? Assign the contract, double close? Other?

5. How many people do you have on your "buyers list"

6. Main seller marketing strategy that works for you? Direct mail, bandit signs, cold calls, etc...

7. How much do you usually profit per sale and what is your minimum?

8. How many "no's" do you get before getting a "yes" in terms of someone signing your contract or accepting your offer. It can be a very vague guess. Like 90% no, 10% yes.

9. ***Optional*** Tell us about your first deal wholesaling. Nervous? Did you have someone with you? Etc...

I myself am crazy nervous doing my first deal alone!

Hope every other beginner can learn from this post! Thanks everyone.

[Christopher Keivit]

Hi Manuel - I too am a beginner, and also crazy nervous!! Hopefully we will get some of the more experienced wholesalers to comment on this. Thanks for throwing it out there!!!