Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 over 11 years ago,

User Stats

6
Posts
1
Votes
Joe K.
  • Bronx, NY
1
Votes |
6
Posts

Wholesaling Checklist

Joe K.
  • Bronx, NY
Posted

Greetings BP Community,

This is my first post on BP and I feel I am ready to overcome my analysis paralysis and start to take action by wholesaling. However, I would like to make sure I have all that is needed to start and close a deal. Below are items/contacts I believe are needed to closing a deal; can anyone please tell me if I need to add/remove/edit anything on my checklist?

1. Buyer's list
2. Motivated sellers list
a. Sellers can become buyers (IMO)
3. Marketing Strategy
a. Direct mailing
1. Envelopes, stamps, paper, return labels and a printer
b. Email Blast
c. Market to family/friends
4. Contractor (For repairs/estimates)
5. Lawyer (To assist with contracts and any legalities)
6. Title Company (Checks status/ownership of property's title and holds/distributes money of transaction{escrow})
7. LLC?

This is my check list so far. I feel as though I am missing something (symptoms of analysis paralysis?) but I am not sure. Also, can this same check list be applied to a lease-option deal?

Thank you BP Community for any help you can provide.

Loading replies...