r/WholesaleRealestate

I got this under contract but I don’t know if it’s good or not.
▲ 3 r/WholesaleRealestate+1 crossposts

I got this under contract but I don’t know if it’s good or not.

Vienna, GA – Single Family
Assigning for $23k (flexible)
• ARV: $90k–$100k
• Needs full renovation (~$35k)
• Foundation is solid
• Vacant and easy access
Heavy rehab play with good upside.

Is this good or bad, I don’t want to waste the sellers time and I’m thinking of canceling it.

u/moonlit_enterprise — 23 hours ago

Are closes done in less than a week from contract signed common? 24hr, 72hr, or 7 day closes from seller signed to wire received?

Have you closed a deal with a quick turn around? I work primarily with land and on average it can take about 2 weeks but have you seen it go quicker? Is that common, overall, in a specific market or region? Im assuming land would be the easiest niche to have this sort of turnaround but I may be wrong since I'm not familiar with SFH/MF and especially Commercial.

Im assuming it depends mainly on the title company or attorney you use. Is one more effective at quick closes than the other?

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u/jabarti2 — 1 day ago

How To Find First Wholesale Deal Using Free Resources, Not lists, Actual Motivated Sellers!

Hey, I am just starting out in wholesaling real estate and I wanted to know how should I be able to get my first deal without spending heavy on the leads, I know I maybe sounding a dumbo, but the thing is right now I don't have the spread/money to throw on leads lists, skiptracing, and RE softwares. so my question is how should I be able to pull my first deal to get the ball rolling? like from zillow, Pre-foreclosures etc, a guidance would be appreciated, Thanks!

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u/REjackal — 1 day ago

Finding Vetted Cash Buyers *FREE*

If you want to find cash buyers for free cause your broke in a disclosure/disclosed state. it’s pretty easy plus this best way in my opinion to make sure there vetted.

1.Go to redfin
Search up your area around the house you have U/C
Put “Renovated” In filters

2.Find flipped property
Should be obvious if it was a flip
Low DOM,Older house,Looks updated and new

3.Go to the County’s Tax Assessor
Your counties tax assessor Search property and transfer ownership history or whatever it’s called.
Look for an LLC that lines up with listing date. This is a good indicator that it’s an Investor.

4.Go to your states entity search.
Type the LLC then you should either get the Director or owner of LLC. If you can’t find that use the Agent/Registrant info
IF YOUR GRABBING THE AGENT please ffs make sure it’s not a lawyer.

5.Truepeoplesearch or whatever other free skiptracing

Skiptrace and make sure one there addresses lines up with the registration office.

6.Call,Vet,Send

call be like “Is this (owner or LLC), saw you flipped or renovated a property seeing if your looking for another project.” Once they say yes you VET, GET A POF or something to make sure they don’t backdoor you.

If you do this all day you can probably get a couple showings going.

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list pulling and skiptrace

alright let’s cut to the chase

I know there’s 1 good software out there that has both good and updated lists for pulling and good skiptrace,

Which software is it?

BatchLeads has gone to shambles with their skiptrace so I’m currently pulling lists from them and then going to skip matrix

Instead of doing the back and forth and for convenience, what’s a good one you all recommend that does good in both?

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u/sel9 — 2 days ago

Lead generation & contracts

Hey guys! I’m a license real estate agent and I went with an investment brokerage out in Tampa because they have MANY strategies and a huge buyer database. Now I have been calling a million numbers on propstream , knocking doors , driving for dollars, using bandit signs , you name it . I’m actually about to make a website through my brokerage. They mentioned something about SEO &PPC . All of this just to get one contract .

Last month, I almost got a lady under contract but someone outbidded me .she text me yesterday to tell me the inspection period was taking to long and if my offer was still on the table , I told her yes and she said she would reach out in a few days . Another lead was from ispeed to leads. Had the deal right in my hand but she felt that I disrespected her with my offer which was $15k below her asking price . I’m still trying to work that lead

I say all of that to say nothing is working ! But I’m not giving up, what have yall been doing ? When yall were in yall beginning stages , how did you find motivated sellers ?

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u/SuccessfulPlan2102 — 2 days ago

What list are the best

I always hear that you should pull absentee owners, county data, Tired landlords,etccc…

What type of list of data works for you the best or that is the most practical, filters and all.

Looking to get more consistent deals

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u/Agreeable-Ad-8287 — 2 days ago

Splitting subscriptions for $50/m

I'm splitting my subscriptions to help pay for costs. I have nationwide comps and lists w/ free skiptracing. If you want access for them and have a ready to go business nationwide for $100 a month comment below! These are companies you have heard of btw.

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u/CryptoBullruns — 2 days ago

How to find a buyer can really close?

Hi, I'm new to wholesale and started to have a pipeline now.

my budget is $2000/Month already paid $700 for leads

Any advices how to invest the rest to get connected with buyers?

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u/Stunning-Spread8856 — 3 days ago

REIprintmail or other Mailers

I’m looking for another marketing channel, and looking to start sending out mailers.

I came across REIprintmail, and they seem like have some sort of secret sauce with sending out mailers and getting responses.

Does anybody have direct experience with REIprintmail, or any other comparable mailing service which they can recommend?

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u/Sea-Anything8114 — 3 days ago

Looking for Investors/Cash buyers

Hey, I'm a cold caller based in Islamabad, Pakistan.

I'm a lead generator and I specialize in calling US homeowners to find motivated sellers. I know it sounds fishy since I'm thousand miles away from you but I can assure I've a great experience in the relative field, and I've enough social media presence by companies to make you guys believe it.

What I do:

- 200-300+ qualified seller leads per month

- Full qualification: Name, Property address, Motivation, Price, Timeline

- US VoIP number + professional scripts

- Leads delivered daily in Google Sheet/CRM

I'm looking to work directly with 2-3 serious cash buyers/wholesalers.

Rates are much lower than US-based callers.

I can start with a FREE 5-lead trial week so you can test quality before paying. Since I'm based in Pakistan, I can provide you guys with cheap costs.

DM me if you wanna know about my portfolio my previous experiences, and most importantly if you buy off market properties.

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u/olvlleak — 4 days ago
▲ 4 r/WholesaleRealestate+1 crossposts

Anyone in the niche of Hunting Land?

I have experience with various levels of real estate in land acquisition. I have found with wholesaling, honing in on a certain niche is a much more effective and systematic approach, rather than being a jack of all trades. As an avid hunter, I’ve noticed the demand for even small to medium size hunting parcels has gone through the roof. Yet there seems to be very low in inventory on these types of properties, and they often go fairly quick, often above market value if they meet desired criteria for habitat diversity and already abundant wildlife.

I believe some of these bigger companies (Whitetail Properties) do a version of this as their business model. But I am curious if anyone has ever went this direction? I imagine one of the obstacles is finding cash-ready or pre-financed buyers. For that reason, I would probably start with smaller tracts of land, while “locking up” a considerable amount of actively seeking buyers.

Can someone tell me some other obstacles or challenges they would anticipate with this niche of wholesaling?

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u/Federal_Seesaw_7526 — 3 days ago

Mobile Home and Land Wholesaler

Hello everyone my wife and I have finally started our wholesale business and we are operating out of Tx we’re currently trying to build our cash buyers list and have quite a few properties with motivated sellers. If there are any cash buyers in Texas or that buy properties anywhere we would love to work with you!

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u/Useful_Quality6275 — 3 days ago

Looking to move from assignment contract model to new model, feedback? Insight? Advice?

I've closed about 28 land deals so far, all on the assignment model. For religious reasons I can't do assignments anymore, so I'm looking to rework the model instead of quitting.

Instead of contracting with the seller and assigning to the buyer, I source for the buyer. The buyer signs with the seller directly. I sign a separate agreement with the buyer. Service agreement, invoice, service fee, whatever the right instrument turns out to be, and I get paid that way.

So essentially a broker, or a buyer side sourcing agent if I had to put a name to it.

Everything else stays the same. I still do the market research, source, qualify, underwrite, negotiate, and coordinate the closing. Which is basically what I've been doing already. The only real changes are consulting more with the buyer, and the contract. Buyer signs with the seller, I sign with the buyer.

Questions:

  • Has anyone done this or is anyone doing this now and can speak to this?
  • Anyone with as much or more experience who has a read on it
  • Buyers especially. Is this something you'd be open to, prefer, hate, or are you pretty much neutral on it?

Outside of that, any feedback, insight, and advice is appreciated.

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u/jabarti2 — 4 days ago