@Chris Zlotnik That really depends on how you go about buying the houses.Buying B-C Turnkey in my opinion would be 8%-11%If you buy prehab turnkey then you'd be more likely to find the 10%-12%The problem in B neighborhoods here is that it's a sellers market right now in Metro Indianapolis which makes deals harder to find and makes your CAP go down.The C neighborhoods are still popping ok.

@Chris Lynch Since everyone's definition of success is different, I don't know that anyone can tell you what a successful wholesaler makes. 

I have to agree with @Chris Martin , unless you have a lot of money in it you probably do not need that many layers and that much extra work and cost. 

@Jennifer Clancy @Chris Stromdahl @Albert Bui I will add you all to the list!

Hi All,My name is Chris and I live in the Boston area and am new to flipping and this forum.

I wouldn't call it a networking fee, but I have a different mindset than Chris K.

Chris

Chris, in simplistic terms, your offers should be 70% of ARV less repairs and as a real wholesaler, you need to know how to properly evaluate rehab costs and pass that info/due diligence on to your buyers.

(although if you read it as a hopped up Chris Farley it's pretty damn funny.)

@Chris Christianson My electrician was at the house yesterday and took a flat screen TV, Xbox, and some other stuff from the house.