All Forum Posts by: Anthony Hunter

I’ve been considering putting up some Bandit signs to generate leads/add to my buyers list. I was curious if anybody’s actually been fined for this method? I’m aware it’s illegal in most cities. If anybody has experience using them in Dallas I’d love to hear about it.

@John Wilson It’s a deal in seagoville I wanted to quote repair cost on

Hey guys this Saturday I have my first appointment with a seller in Dallas. It’s a distressed property and I wanted to have a contractor walk through with me on the visit and quote rehab estimates. References would be greatly appreciated!

@Chelsea Nichols If the property is one of a kind you would probably want to use a cost based approach of evaluating rather than a sales comparison approach using comps. Which means you would have to get an estimate of the replacement value of the property’s components, the land, and the improvements on the land rather than valuing the property as a whole. So add up the separate value of the land and improvements to see what the property is worth using this approach.

Or you could speak to an agent and have them run comps with an expanded criteria. These won’t be your ideal comps but if you have nothing else to go off it could be better than nothing. As far as of it is a deal or not it would depend on what you get the property under contract for and what a cash buyer would be willing to pay.

I would have the seller send you some pictures of the property along with some estimates of the rehab and send those to your cash buyers and see what they’d be willing to pay for a property like that and you can negotiate your purchase price from there.

@Corby Goade I’m gonna attempt to stretch this budget over the next 6 months, I’ll start with purchasing a list of absentee owners and allocate 80% of the budget toward direct mail. Then I’ll skip trace that list and hit it again with ring-less voicemail. I think this method will at least give me a shot of getting a deal or two in the pipeline by month 3.

@Adam Longtin The best book I’ve read on the subject so far has been “The art of wholesaling properties” followed by “The real estate wholesaling bible” also if you haven’t check out Max Maxwell’s podcast & YouTube channel it’s free and he goes in depth on his methodology. Another one I would check out is Jerry Norton

Hi guys, I’m new to the wholesaling business and wanted to know how to get started with a $3000 marketing Budget. I’ve been reading as many books as possible on the subject over the past several months and I have a couple cash buyers on my list. Now I want to begin focusing on acquisitions I was wondering if anybody had any recommendations for how to allocate $3000 for marketing.

Btw I’m located in Dallas Texas if that helps any thanks in advance.

Congratulations on those deals man, those were some good profits. I have a question about the wholesale deal if you don't mind, how come y'all decided to purchase the house outright instead of putting it under contract and doing a double escrow? That way y'all would've been able to use the money y'all spent on the duplex to finance another deal during the time.