All Forum Posts by: Ola Ade

 No, it’s more than just pulling list from title company.

You can pull list anywhere, Popstream, D4D with DealMachine, calling FSBO e.t.c

You will then have to skip trace the list you pull, talk to motivated sellers, get the contract sign.

Then you look for investors and or if you already have list of investors, you can assign the contract to them.

Virtual wholesaling is good but I promise you it’s more than just pulling a list and more than what I wrote above.

But one thing I can tell you is that, it’s possible if you can put in the work

@Jose Garcia If you are in Chicago, for you to legally wholesale, you need a real estate license. For that particular reason, I got my own license as well but wholesale is an exit strategy. 

@Carla Jones It takes Time, Effort, Research and sometimes Luck. I am sure you are doing all that I mention and putting in the work. Keep persistent and see the light at the end of the tunnel soon.

If you don’t mind me asking where is your market?

Welcome to the world of wholesaling. I started not too long ago as well, I had my first deal two weeks ago and about to close on another one in January. To be honest you have to put in the work.

(1) Find a distressed property or motivated seller.

(2) Call them up(trust me you will need a script for this as a beginner) You can look up Brent Daniel or Wholesaling inc on google. I don't have any affiliate but he knows the ins and out's of wholesale.

(2) Put it under contract

(3) Find a buyer to assign the contract

(5)Find a title company. (Whole sale-friendly title company

(6)Repeat the whole steps again for your next deal.

There is a lot that goes in between but you will need to do your research or in other words, get your education first before diving in.

Good Luck!!!!

 Thank you, I appreciate your advice.

 Thank you for your insight, I appreciate it.

Thank you for your insight 

Depending on who you are talking to. To answer your question, it's Yes and No. 

Yes because despite the high-interest rate, you can find a good deal(especially a motivated seller)with high equity but not necessary cash flow. Even with the high-interest rate, you have to keep in mind also that you can later refinance. 

No, because its almost the end of Q4, and good deals are sometimes hard to come by but if you wait till early next year, a lot of property owners will want to sell, relocations - some people will want to relocate and that will be an opportunity to buy their house at a discounted price.

Again, this is just me and if you ask somebody else, it might be a different story for them. I will suggest you get a good real estate agent, No how to run comps yourself and if you want a distressed property and fix it up, you should know how to do your ARV.

Hello everyone,

I just started wholesaling and wondering where people find cash buyers.

Thank you

 Thank you Chris