All Forum Posts by: Heather Thuli

As much as possible :). Really though it depends on the price of the house I'm flipping… I would be okay with a $25k net profit when flipping a $125k house, but $25k would be a really small profit if I was flipping a $750k house. I know a lot of investors that shoot for 15% of the ARV.

 The DNC list is primarily used to Sell things. A phone number from 2003 has probably changed owners a few times unless it's a land line and the property hasn't changed hands since 2003. I wouldn't worry about it.

As a Wholesaler you are probably looking to buy. Oddly enough, most people will not pick up their phone anyway and when you leave a voice mail they won't return your call. That realistically means that of the 38% who do pick up the phone, most will have a conversation with you and a few will call you something out of a colorful word selection. Don't let it bother you. You aren't selling anything. Just don't call them twice. Call, Call, Call. It's a numbers game.

You need to actually have 200 conversations to get 1 deal. Note: 525 phone dials (to motivated sellers, that is: probate, foreclosures, liens, etc) should get you 200 conversations and that should land you a deal. If it doesn't, you have to keep learning until you do. Presentation is very inportant over the phone. Be friendly.

I'm curious how you would know that it's a wholesale company that owns the property? I'm assuming it's part of the company name or on their website? Because if this company has owned it for 16 years they've got to be the worst wholesaler on the planet :)

It could be that the new owner of the property wasn't properly recorded. Where did you get the ownership info from?