I say great deal, because there has to be enough in it to give yourself a cut, plus the person you are wholesaling it to.

If, by some chance, you actually do a deal you may get a cut of that, too.Real estate is full of people who promise quick and easy riches.

They set a cut off time at 5 pm of a Friday.

Dean Suzuki - you don't mention if the person who approached you is the end buyer or someone trying to put together and get a cut of the middle.

Even if you are cash flowing well, do you have enough rental income that will allow a cut in rents if the market sinks far enough?

If he wants in great, JV with him and he gets a cut of the profit.

$300/month isn't bad at all if the broker isn't taking a cut of your commission.

I would either try to partner with the wholesaler and get a cut of his profit for finding a buyer or I would partner with the rehabber and get some profit on the back end when he sales or refi.

Our real estate agent acutally found our first deal on the MLS.

Sometimes it is still worth it, often it is not.FYI, My experience has always been less than 10 units and off site mgmt.Maybe on site mgmt of larger props might be different as then you can incentivize them with a cut of the profits.