We are required to have one at work for insurance reasons and have more issues with false alarms, locking doors, then forgetting thus tripping the alarm and police locked and loaded showing up.

Banks assume interest rates are going up and don't want to be locked in.A "good rental" would generate about $100 a month in cash flow after all expenses (and vacancy and capital) and assuming 100% financing.

As an investor, you can not lock up a contract, find an end buyer, and then use the end buyers funds to fund your A_B transaction, then on same day or even next day, use the same funds to fund the B-C transaction.

The last time I did one of these, I got a Sheriff's Lock Out notice and on the Lock Out day, I moved everything into the garage.

I'd much rather them have a spare than call me at an inconvenient time saying they lost their keys and are locked out.

A wholesaler is paid for their ability to analyze, locate, and lock-up deals...

this is a good topic and has useful information.i tried angie's list and they were more expensive. i try not to tell them where i got their number. this way they dont gauge their bid on who referred them to me. sometimes they think i am a lock and give me a higher bit because "so and so gave me your number... i just smile and let them take a hike.

To me, a real wholesaler finds a means to bring value to the table, either through a struggling numbers game to lock a good deal or through good connections developed.

I suppose, if they were certified, solid gold, long term tenants with a spotless record and a cleaning fettish, and you've proven all this to be true with your screening process, I might lock-em up.Actually, I have, only to have them call me 6 weeks later asking for their deposit back cause they found something better.

But, if not oh well i tried and learned some things about commercial real estate along the way.By the way this site, is amazing, I flipped a property a few years back, and locked on richdad.com for some help.