So as a wholesaler it's imperative you get this number as close as to the true ARV as possible because it will make you more credible to investors.Also how did you come up with the $16K estimated repair?

I initially started investing after a Bloody Divorce where all the money was taken out of the bank accounts and my name was removed from all the credit cards.

I would suggest to keep networking get a list like I said of all the investors send them a post card stating what you do even give a special offer for the first few jobs.

I've worn my "Wholesaler T-shirt" a couple of times, and a couple of people asked for my card, but they weren't serious buyers.

Is this true?

Ryan, what kind of copy do you have on your post card?

Whenever you have a concentration of foreclosures and REO they are no longer the anomaly in the market, they are the driving force in the market.Lenders will look at comps too and they are not going to exclude 6 out of the 8 true comparable sales.

I think this is so true.

i told my parents about my idea of going into real estate and both adviced me against it. they keep telling me market is bad and a lot of real estate agents are having a hard time, is that true?

(you buy a list from a source like www.melissadata.com) newspaper ads, preforeclosure lists, probate, door flyers, post-it notes, yellow letters, post cards, Craigslist, and others.