Quote from @Jerry Hu:
Hi Jack, and to whom it may concern,
I want to break into remote/distance wholesaling with boots on the ground. I am in WA, and want to target TX (Houston, San Antonio), and have potential boots on the ground.
1. Anyone with experience using DealMachine app? What is your overall takeaway from using it?
2. Do I need to find a title company from TX (where wholesaling is taking place) or are there online title companies that can assist?
3. Correct me with I am wrong: "under contract" is with motivated seller? assignment is with buyer?
4. Should I use LegalZoom or a real estate attorney to help draft said contracts/legal documents?
Thank you Jack, and all who reply.
Hey
1. I have used dealmachine and its a cool tool. It is rather time consuming to virtually drive for dollars and find distressed properties but it also can be rewarding. I would hire a VA to do this or make this a task that doesn't take away from higher return activities during normal business hours like talking to sellers if you want to do this yourself.
2. I prefer using local title companies to the subject properties as it often makes sellers more comfortable. There a nationwide lists of wholesale friendly title companies or you can call them and ask if they do assigment fees
3. Correct
4. Yes you can but there are plenty of free resources online that will suffice.
Feel free to PM me if you need help getting started. We can joint venture on deals and I can walk you through the process!
