All Forum Posts by: Kevin Whisler

John i see you on every post trashing wholesalers. How do you have so much time to do this? Nobody responds to your terrible comments, yet you keep posting them. I think if you were such a prominent investor, you wouldnt have so much free time to s*** on people trying to find financial independence.  [Personal attack removed by moderators]

Wholesale commissions & wholesale fees are the same thing by definition. The fee on the deal is income that is paid out legally and on the HUD by licensed and insured title companies. It is not a wad of cash paid in a back alley. Your understanding of the wholesaling business and you saying that it isn't legal is wrong. Spewing that negativity to new users is bad for the community, it steers them in the wrong direction and frankly makes you look like a jackass.

There are plenty of people wholesaling correctly and legally, and making great money in the process. I'm sorry that you are so stuck in your ways in your opinion.

James, you simply could not be more wrong. I've done over 500,000 in wholesale commissions and we've never had a complaint from a seller, a legal issue, or a complaint from a buyer. Please do not spew your negativity to excited new RE investors. 

Wholesaling when done the right way can benefit everyone involved. To say that all wholesalers are scummy people that are criminals is not correct. Perhaps you should educate yourself more thoroughly before trashing a part of the industry that you clearly misunderstand. 

@Dennis M.

He’s cashflowing 900 a month and the property seems to be in really good shape. He also purchased it as his primary residence and turned it into a rental. Seems like a win to me. Read the whole post and don’t be negative.

Hi everyone, I just recently stepped away from 2+ years of successful wholesaling and became an agent. I am moving from Philadelphia to Orange County, CA. as well. I was just wondering if any agents had any advice for starting out? (as well as if any agents in the area that come across this were trying to find an assistant, I'd be open to learning that way as well)

Any advice would be a huge help as far as RE meet ups in there area, or just tips to starting from the beginning! Thanks everyone!

Have a due diligence contingency built into your contract; so earnest money deposit would be submitted after a 5 or 10 business day period contingent on your partner, contractor, funding, etc. I mean it could be your family dog for crying out loud. But the point is, the due diligence period is a window where you can wholesale the property and have the buyer submit deposit so you dont have to come out of pocket. And if you can't sell it during that 5-10 day period, you're off the hook. 

@Scott Sperry

Hey Scott, how soon realistically? I’ll be certified in the next 6 weeks or so and have a good knowledge of the market from wholesaling the past two years. So if you’re that far out, I’ll help you. If you’re buying sooner I can refer you someone.

Hey Joe, check your DMs, i just got back to you about this. 

Francis Mangubat- Hes with Advance Philly Keller Williams. Either him or someone from his team could help you. If you send me a DM, i'll link you two up!

The reason people do cold calling and DM is cause it has the best ROI. You just have to get people at the right time. Im in Philly which is a very competitive market, but we get a good amount of deals from simply cold calling. Also if you're doing inbound; Facebook gets super pricey and the leads are not qualified. We've spent over 10k there and had almost nothing come of it. I suggest AdWords if you're going the online route, simple because people will be searching you and submitting info as opposed to just clicking random buttons on Facebook.