All Forum Posts by: Jeffery Bigsby

@Ibrahim, that's amazing. I had just graduated high school around that time.

@Michael, how did you manage to leave your real estate investing job?

lol....awesome. I follow you a lot J, especially since you're right in my backyard of Cobb.

I'm asking this question to those of you that do real estate full time. What was it like when you woke up the following morning after you left your job for the last time? I want to know your experience and what was going thru your mind that day...

It depends on your current income. Once your business is generating more income that your job there is no point in staying but everyone's different.

I agree with Stinson, becuase there are so many "wholesalers" out there coming up with phony numbers and basically selling listed or MLS properties, it's a tough market for us to be in. You have to create value to your investor or they won't shop with you. I have a friend who's a contractor that gives me REAL repair estimates on the property in a detailed form on his companies letterhead to show the repair amount, this way the investor will see that I didn't come up with some random number and he can even call the contractor himself.

If it's not a good deal then I won't shop it an hope someone buys it. It cost me a little money to get accurate information on properties but it's worth it at the end when you move a house in a few hours.

If you want to work with other wholesalers, NEVER increase the price on the house, just split the spread. If a wholesaler wants you to add your own price, run away and find another one to work with. Be careful on what deal you are trying to sale because you don't want to end up marketing a home listed with an agent and find out when it's too late.

To end this ramble, I only go after deals that's not on the market and typically no one knows about but me. Word of mouth is powerful. Everyone knows someone who knows someone who mentioned selling their house at some point in time

After speaking with a few of my buyers, most of them stay in the sub $100k range anyway for a number of different reasons so I will stay there for now, at least until someone asks me to find them a deal in that price range.

Thanks Will, I will ask around to see if any of them will be interested.

Wow 1,000 houses is impressive. Hopefully with all the new marketing and systems I'm putting into place I can do a large volume as well. I'm more of a base hit wholesaler anyway, I'm not trying to David Ortiz all of my deals lol. Thanks for the advice guys I'll stick with the below 100k but keep my eye open for anything about that looks good.

Save your money on books. EVERYTHING I've learned about wholesaling I got here on BP for FREE. Never spent a dime on any ebooks, courses, or trainings. I buckled down and sat in front of my computer for hours each day and took a bunch of notes until I found my path. Great website.

I currently wholesale hear in Atlanta but focus mainly on the properties that are under $100k. Are there bigger profit margins in properties at a higher price range and are buyers even considering properties at that level?