All Forum Posts by: David Saucedo

Thanks to all for the thoughtful feedback. We had a deal in SA that cleared us almost $37K. What was interesting was all the new western wholesalers that had buyers lined up, they were ready to double close our deal ASAP. I thought it was rather impressive given the speed at which they work. Later, I was made aware that New Western splits up their divisions, they have an acquisition team and a sales team. When you're a small 2 man operation, its easy to be impressed. 0

Is it just me, or does it seem like everyone in San Antonio, Austin and Dallas, at one point or another, worked for New Western? This has saturated the market with investors - - any non-member investors seeing this? How do you combat that strong competition? 

@Omar Khan Thank you for that! I was thinking about the locksmith sector. It's still mostly run by mom and pops, no major players yet in the market. We should hook up if you think this is interesting. 

I've seen a lot of advertising by gurus and others that encourage people to BUY existing businesses - it could be a real estate business, a merchant wholesaler business, and/or retail.

Their argument is that starting a business from scratch is antiquated, when you can walk right into one.

Has anyone done this? If so, what tips do you have on how to approach and acquire a business? I'm assuming there are a lot of similarities to prospecting properties.