All Forum Posts by: Account Closed

@Jacque Sacramento no negativity please. Nothing about my numbers are suspicious. I have gotten paid for deals before but am still new and learning so if you arent offering advice to help then please dont taint my question by insinuating that its a shady deal. Thanks!

@Clifford Paul I think I was inclear the way I stated it. When I say ask for the address basically they know that I am a wholesaler and they ask for the address to then contact the original owner to haggle my price or x me out of the deal all together. Although the seller is under contract with me there is a clause in there that states they are able to get out of the deal if they see fit. This is just a personal experience I have had. I myself have no problem giving potential buyers all the info they need. But some are just shady.

@Doug W. I am attempting to wholesale it.

@Luc Boiron I love this mentality because in reality its pretty hard for us wholesalers to find these deals and buyers like you make the process less frustrating. Hope you get the awesome ROI you seek!!! 😃

I have a great new home under contract that has a wonderful ROI. Asking is 78k with only 10k worth of work to be done. Seller is a contractor but fell ill so cant finish the job. Title free and clear and ARV is 130k. The problem Im having is that there are alot of tire kickers requesting the address before asking any questions about the property. The numbers are really good and its a potential 40 to 50k profit if resold after a fix and flip. Or could be a great rental property. Its in a smaller town with quiet country roads. I thought buyers would be jumping at this deal but instead i have been getting non serious inquiries or just looky loos. Any advice on how I can weed out the bad apples quickly???

@Jerryll Noorden OMG!!!! I love your response. My son is what keeps me motivated. Spending countless weekends at home because I simply can not afford to move my car unless its for work is what keeps me going. My Why is what keeps me going. Why I am doing this is for the financial freedom. But i also like people and looking at houses. Real estate excites me! But well put my friend. 👏👏

@Ryan Substad thank you so much for your fast response. They have very little motivation. Basically the seller bought the property for 65k and told me that she is a former agent. She wanted to run her numbers before she budgged any and she came up with 128k. It was basically just a fix and flip on her part. She doesnt live at the home. However, the home is in a pretty rough area of Houston.

I have found an awesome home I want to get under contract but i dont know how to get my numbers to work since the seller doesnt want to budge much. The home is valued at 140,000 and they had it listed at 139k. I have gotten it down to 128k. But i dont know how to proceed since there is not much room to negotiate as there are no repairs needed. Help! Im stuck! What do i do next???