All Forum Posts by: Ally Parker

Hi @Alex Harris,   I'm currently in the UK and was wholesaling in DC before.  I'm looking into wholesaling here but not sure if it's possible.  I've not seen a lot of investors that get all of their deals just from online marketing, that gives me motivation to look into that avenue more,  as my strategy was going to be direct mail, thanks.

Are there any lawyers on this forum or can anyone give a referral to a lawyer familiar with contracts and wholesaling that might be able to give me advice about property in the DC area?

Thanks

Thanks for all the great advice!!

I had "boots on the ground" with a partner I had known for quite awhile but it did not work out so well once I left, which is why I wanted to get some insight on what I might have done wrong.  I have some ideas as to why it didn't work  but I wanted to know how other people were doing it successfully.

My only other concern, do sellers ever ask where you're located and get skeptical when you tell them you don't live in the city the property is located in, let alone in the country?

I realise virtual wholesaling might not be the best option since I don't have the right partnerships at the moment.  Is there another form of real estate you might suggest I get into given my circumstances?  Buy and hold is not an option due to lack of funds and I've not rehabbed yet, only wholesaled.  Are there other options I'm overlooking?

Thanks

Hello,

My account was closed temporarily so I'll try posting this again.  I'm a part time wholesaler that has recently relocated to outside of the US. I'd like to continue wholesaling in the market I was doing deals in,"virtually", I guess you could say but I am trying to determine the best system to set up in order to be effective.

I know there are a lot of courses out there in regards to virtual wholesaling but I'd like to hear from anyone currently wholesaling from outside of the US or wholesaling in an area far from where they live. I know most of what I'd be doing will be similar as to when I was physically in my market but I do have a few concerns.

My biggest concerns are sellers being wary of working with someone from outside the US ( I'm sure some sellers will ask where I'm located) and not having "boots on the ground" to look at properties for me, as I currently do not have a partner nor know anyone I trust to look at properties for me. I know I could estimate rehab cost from information the seller gives me and pictures, but I have yet to try that.

Any advice on best phone systems to use would be appreciated. I currently use Ring Central which allows me to get a local and 1800 number using voip so I don't have to pay for international calls but I'm not happy with their service. I'm also hoping to get advice as to getting accurate rehab estimates, protecting my contract from buyers going around me and anything else anyone with experience thinks is pertinent. Thank you in advance!  

Hello, 

I'm a part time wholesaler that has recently relocated to outside of the US.  I'd like to continue wholesaling in the market I was doing deals in,"virtually", I guess you could say but I am trying to determine the best system to set up in order to be effective.  

I know there are a lot of courses out there in regards to virtual wholesaling but I'd like to hear from anyone currently wholesaling from outside of the US or wholesaling in an area far from where they live.  I know most of what I'd be doing will be similar as to when I was physically in my market but I do have a few concerns.

My biggest concerns are sellers being wary of working with someone from outside the US ( I'm sure some sellers will ask where I'm located) and not having "boots on the ground" to look at properties for me, as I currently do not have a partner nor know anyone I trust to look at properties for me.  I know I could estimate rehab cost from information the seller gives me and pictures, but I have yet to try that.

Any advice on best phone systems to use would be appreciated.  I currently use Ring Central which allows me to get a local and 1800 number using voip so I don't have to pay for international calls but I'm not happy with their service.  I'm also hoping to get advice as to getting accurate rehab estimates, protecting my contract from buyers going around me and anything else anyone with experience thinks is pertinent.  Thank you in advance!  

If you're already licensed, I would make sure your broker is okay with you wholesaling, as many are not.  I've never found having a license to be a hindrance, and it won't be if you view it that way.  Just be sure to disclose you're an agent and make sure you do not break any rules that are in line with keeping your license.

If you really want to wholesale and your broker is not okay with it, you will either have to rethink whether you really want to wholesale or find another broker.  Usually brokers that are also investors and use wholesalers to find deals are the best to hang your license with.