All Forum Posts by: Wayne Woodson

@Michael Chase welcome to BP if you have any questions regarding wholesaling please let me know.

Welcome to BP @Timothy Trewin

If you have any questions about investing in Nashville please hit me up. I would say I know the area well but I have only lived here all my life.

I would like to use it to help me evaluate houses. Maybe one day they will have it tell you all the repairs a house needs or if a seller has leins on a property.

Sometimes David they will call and sometimes they wont. In my experience they don't. They neither call you or give you feedback no matter how much you ask. My guess as to the reason why is that some people don't want to "help the competition" even though you are doing them a service.

@Jason Munck just make sure you can back up your ARV estimates with recent sales in that same area and you should be ok.

Some buyers don't take ARV and Repair numbers from wholesalers because some wholesaler's try to fudge the numbers to make a non-deal into deal. They usually ruin their reputations doing so and get phased out.

Every rehab-er is going to give you a different repair number so it would be best to just keep the repair estimate to yourself and just give what items you think needs repairing.

@Scott Isley I will see what I can find.

-Wayne

I am in Downtown Nashville. Dickson is just north of here if I am not mistaken.

If I am mistaken only a Broker can pay a Realtor. Realtor's cannot receive funds from unlicensed investors or other agents (at least not in my state). You can do a referral program where you refer leads to this agent but even that can be grey area. I would do a gift card or something that can't easily be converted to cash.

- Wayne

Cool Springs Blvd now that brings back memories.
@Mamie Phillips

@Mamie Phillips

@Mamie Phillips I don't really invest in rentals at the moment but I do know hoping for application is not a strategy. With that said I don't see a major jump in appreciation in Franklin and as @Jesse Hyder stated..

Cash flow

Appreciation

Amortization

Tax shelter

-Wayne

For me the best wholesaling course is real life. Save that $$$ and read the whole "truth about wholesaling forum" and invest in a yellow letter campaign and fail forward.

Good Luck

-Wayne