Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
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

All Forum Posts by: Tim Leslie

Tim Leslie has started 7 posts and replied 114 times.

Post: Data lists

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

@Heather Medina

The key is consistency. It just takes time. Whatever list you decide to go with you need to mail to it more than once. The money is in the follow up. Circumstances change and the person who mails to them more often is the one person that will be stuck in their mind when they do need to sell. Also don't stick to one marketing method. If you are mailing yellow letters/postcards also be putting out bandit signs etc. Always network with local wholesalers. Wholesaling is simple where anyone can do it but it's not easy...just stick with it and you will start to see results. Best of luck!

Post: WHAT QUESTIONS TO ASK THE SELLERs

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

Copy @Michael Quarles post or just find a seller script online. Since you are new you definitely want to follow a script just so you don't forget to ask any questions. Ask about any liens on the property (back taxes, etc) because that will need to be built into your offer. Also make sure they are the owner/have the right to sell the property. It's much easier to just communicate with the individual who makes the final decision. Best of luck!

Post: New Investor Rolling into Chicago

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

@Christopher Mendoza

Welcome to the Midwest! Definitely not the greatest weather however the people make up for it. Welcome to the BP community. A lot of great advice to be found on here. Best of luck on your investing journey!

Post: Newish Member in Houston, TX

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

@Jim Lin Definitely a lot of great people with great advice on here. Welcome!

Post: Realistic first year wholesaling goals

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

@Jose Diaz Very attainable! Best of Luck!

Post: Direct Mail Marketer NEW to Bigger Pockets

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

@Steven J. Sounds like a plan!

@Nathan K. Thanks Nathan!

Post: First Chicago Wholesale Deal Complete!

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

Great Work! You will never forget your first deal. Time to get another one!

Post: Direct Mail Marketer NEW to Bigger Pockets

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

@Russell Ponce

Investing in Minnesota is alright. Most of the activity is in the Minneapolis/St Paul area. Winter just slows down everything. Some investors take the winter off...some have their best months..but overall the activity slows down a little bit. How is California?

Post: Wholesaler in Finger Lakes, Rochester area of New York

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

Welcome! Lots of great people and info on here!

Post: Inspections

Tim LesliePosted
  • Investor
  • Minneapolis, MN
  • Posts 118
  • Votes 35

Gary,

As a wholesaler you shouldn't have to worry about inspections unless it is mandatory. In some states/cities they have a Truth in Housing inspection or a TISH report. This is used to protect the buyer. So for example you have a house under contract and your city requires a TISH report to be filed before the deed can be transferred...then you would be responsible for getting that done...unless you work something out with your buyer where he pays for it.

Otherwise as long as your buyer knows he is buying the home in its as is condition with no inspection clause then you wouldn't have to worry about getting an inspection completed as a newbie. An inspection can be useful in providing a better understanding of the true repair cost as well as helping you flip the house quicker to a cash buyer.

Best of Luck!