I think the advice you've received is pretty solid (i'm kelly's partner btw).

FYI - I recently posted this in another thread - might help you get your head around what it takes to start a wholesaling business ~What you need to get started is:1) A process2) A teamKnow exactly how your process will work:a) Meeting cash buyers & understanding their needsb) Finding motivated sellersc) Evaluating propertiesd) Calculating offerse) Testing the water with your buyer(s) if necessaryf) Negotiationg) Closing via a contract/agreementh) Assignment to a cash buyer via another contract/agreementi) Receiving payment at closingFor your team, you'll need to know:a) Cash buyers, of courseb) Real estate agent(s) or broker(s) - provide comps, MLS opportunities, etc.Perhaps also,c) Title company (good to have but more important for cash buyers; but you may want one to hold earnest money in escrow)d) Attorney (required in some states)Best of luck!

Does 'arranging the deal equity' include me doing most of the due diligence before the purchase, or would you expect more equity for doing the due diligence.If we arrange a 50/50 partnership, how is the actual capital contributions calculated, given that I will be receiving equity for finding the deal?

So far, I have sent out 45 letters and have already received 1 phone call from a curious home owner in Santee who just got out of pre foreclosure (congrats to him).Moving on, the only concern I have with this method is that there aren't many pre foreclosures in my areas and they're quickly being drained and exhausted.

Please let me know what you guys think.332-334 Desplaine RdDE PERE WI 54115 ^If that text came in big, I'm sorry.

We received two quotes... a "best case" at $3,500 and a "worst case" at $7,100.

Here's a question: how many mailings do your prospects receive before contacting you?

As far as loans for a SDIRAs, this is one of the lenders I see mentioned often here, and have heard good things from those who have used them. this is a recent email I received showing the rates recently.....Dan Dietz

I'm interested in finding and learning how to increase our rents received each month and possibly flipping or owning more rentals.

He made a large investment that flopped a bit ago along with a divorce etc things got messy, the goal is to create equity so he can buy his own warehouse so as as I build properties when he positions himself in better financial position (2-3 years) he'll start buying properties off of me and my goal is to purchase more properties with the money I receive from him.Being that it is a family company and I am the oldest I am next to take over the company when and if my dad decides to retire (which I doubt he ever will, he's a workaholic) but I see it benefiting everyone involved.Again I could be wrong but I feel like I have the right people behind me and I know the employees would be open to this let's say that of the 43% that said yes 10-15% actually are serious about it that will give me enough to fill the two homes.The super point is a good one, I may have to put more thought into that one.Again, thank you.