Wholesale Mentoring

I could certainly use a mentor as well. I am in the Cleveland, Ohio area. I would appreciate any and all help. Contact me anytime.

Greg Toth

This site has a lot of people willing to help all who need it, all you have to do is ask!
We got started by reading Deans books,they are packed full of so much info and dont just read one read them all. They are like a blueprint and get you going in the right direction, then as you learn light bulbs go off and you get it!

When we took our 3 day workshop class we connected with one of the people that was their helping and we still talk to this day. We didnt go out looking for a mentor and we dont call him a mentor,we are friends that talk about everything from real estate to what is going on with our lives,and even today he offered me a 4-plex he would sell me, networking is a great way that helps us all.

You can do it!

Aaron

The above is intended for you as well, read and learn all you can the info is on this site and Dean offers so much more training if you need it just ask or call one of the coaches they want to help you.
You should also fill out your info more so we know a little more about you,it helps!

You can do it!

Aaron

Thanks Aaron-n-Suzy. I've read 30 Days to Real Estate Cash and understand the wholesaling strategy pretty well. I have business cards made up, bandit signs written up, a website set up, 2 email addresses, 30 buyers on my buyers list so far from ghost ads, and purchase contracts and assignment contracts written up and printed out. I found a title company that can handle assigmnent contracts. I've set up an account on Zoho.com and obviously joined DG.com. I've also got a cell phone set up just for my wholesaling business with the VM all set up. I've got 3 ads on Craigslist titled "I buy houses. Any condition" along with the 3 ghost ads to attract buyers. My website gathers their info and criteria and sends it to my email. So I'm on the threshold of getting my first deal. I can feel it. I just need to fill my sellers bucket and the confidence to make the right offers. I think I have it in my head that I need to go through the process a few times with someone who has done it a while before I feel comfortable on my owm. I will continue to educate myself with Dean's books and through networking in my area and on this forum. Thanks again!

I guess this answers my question. I got my first deal from writing to vacant home owners. The best ones are out of state owners with higher equity.

Chris

From what I ve heard wholesaling is a fairly easy strategy to put into action. Pick your target market there is foreclosure, absentee homeowners with equities,code enforcement, Probates, expire listings, vacant homes, and a number of other target market you can market to. The hardest part of the equation is finding a good deal to put under contract. Finding the buyer for the most part is easier than finding a good deal. You should at least pick to niche to market to. Keep on marketing because this is what brings in seller leads. Eventually u will run into a motivated sellers and u be able to get that property under contract and flip to a end buyer.
I myself never did a assignment deal I was pay 7k from a broker as a referral fee and 300 dollars from a agent for another referral fee. That agent I don't deal with him any more. I had some success and I'm going to start up again as soon as these bandits signs comes in the mail. With that I remain!!

Is Wholesaling now harder to do than say 3-5 years ago? My worry is that when the housing bubble burst, all the wholesalers came in a made all the money. Has it now died down to the point where the deals are few and far between? And if you do get a deal are the discounts going to be so small that there is no room for good margins?