@Jorel Gibson Hi Jorel! Good to see you here at BP. I am going to say to you what I keep telling myself, which is to put a great deal of effort into understanding deal analysis in order to have the ability and creativity to make the numbers work when presenting deals to buyers in order to be a credible source! There seems to be way too many wholesalers who lack proper knowledge and are presenting bad deals; therefore, there are tons of investors turned off by wholesalers. You and I don’t want to be one of them.
I would say invest time in knowing your numbers. Also decide if you’re going after absentee landlords, people in divorce, or probate, etc. Decide on your marketing approach.
There are also articles here at BP written by J Scott. One article is titled: “Determining Maximum Purchase Price (MPP)”. Also “Calculating Fixed Costs on a Rehab, Flip, or Wholesale Real Estate Deal”
If you have trouble searching/finding the articles here at BP, their content always comes up super easy searching the net. Search for the articles by the titles I’ve given you if anything.
I would also say to you at all times network so you can build your buyers list. And know your numbers so you can keep them :)
I wish you the best!
