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All Forum Posts by: Ryan Whitcher

Ryan Whitcher has started 8 posts and replied 132 times.

Post: Who’s out there making calls right now with sellers/buyers!

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Adan Cordova love it, if you're not speaking with sellers...you're not making any money! Unless you've scaled very successfully then good for you :)

But a few tips are: sound confident, and genuinely try to give them value and solve their problem. People like people that are nice and can help them

Post: Massachusetts wholesaling lists

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

I've been using propstream successfully for over a year now, let me know if you want a link for a free trial. Listsource is over priced IMO, they may be good for very niche lists? 

Post: Driving for dollars

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Todd Kozak check out BatchDriven, they have a virtual D4D part in their app that is pretty cool. 

Post: Wholesaling analysis paralysis

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Ryan Kruger welcome to phase 1 of real estate! Lol, it can be scary at first. Going off of what @Brandon Vukelich was saying, I got my Purchase Agreement from a local investor-friendly title company - I found this company off of recommendation in a local FB REIA group.

That gave me much more confidence, from there just get a general idea of how to run comps, what to say to sellers (know what happens from contract to close). I found a very trustworthy buyer at first (you can usually just tell who's trustworthy off a few phone calls), and double-checked with them before I got anything under contract.

In fact, I still do this today :) You're never going to be perfect at comping, nobody is - there are just some weird properties out there and nobody can change that. Just do a pre-lim comp, check with your buyer, and get that thing under contract. Sellers are just normal people like us, and many of them are very nice. 

Good luck!

Post: Where Do Skip Tracing Companies Get Data?

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Bryce DeCora I've had the same questions and gone down this rabbit hole too many times and tried out dozens of companies for skip tracing. I've given up on actually figuring out the answer at the moment lol so let me know if you find the secret sauce. 

FYI, out of the skip tracing companies, Lead Sherpa is my favorite at the moment. Mojo is decent, and unlimited skipping at $40-50/mo - it's not the most accurate though. 

Post: Found a property now what?

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Federico Curiel once you've found a lead/motivated seller...there's 3 main things you can do. Knock on their door (ooo scary), send them a mailer, OR skip trace them and call/text them. Try to have an idea of what to say before you do either of these, there is tons of verbiage on what to say all over BP and YouTube. 

The "forms" you need are just a Purchase Agreement (between you and seller) - you can get this from a local investor-friendly title company. And then, if you are wholesaling it (assigning it), you'd need an Assignment Agreement, which the same title company may have, OR you can check Wholesaling FB groups, there's plenty of assignment agreements out there in the "Files" sections of those groups.

Post: How to wholesale a house with tenants?

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Luis Serrano not a ton of options here besides eviction or cash for keys, cash for keys being the preferred method. People will do a lot for $500, $1,000, $2,000, etc! Just make sure they're officially out before you give them the cash of course :)

EDIT: I actually slightly misread the question. In these situations, I usually just take matters into my hands and try to get the tenant's contact info, with the seller's permission, and schedule a date/time while using the 24 hr rule. Your buyer should understand, assuming they've bought some deals before!

Post: Can I list property under contract on MLS

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Jamell Kitt depending on the state, yes, IF you have the clause in your contract (which it sounds like you do). I would just make sure the seller is aware as this can get messy fast if they don't know your intentions. Transparency is always key!

Post: The Truth about Wholesaling!

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Anthony Pintaro I was going to give you some feedback but it just comes up with an connected investor link, and not your website lol

Post: The Truth about Wholesaling!

Ryan WhitcherPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 134
  • Votes 78

@Julie Sisnroy I think there's all sorts of ways to spot a 'legit' wholesaler, and the easiest way is just to have a phone call with them. You can generally 'just tell' if someone actually knows their stuff or is just bluffing.
In addition, I fact-check their ARV's and rehab costs, and if they seem accurate, there's a good chance you're dealing with someone experience and knowledgeable.