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Wholesaling Real Estate

65.8k members • Free

18 contributions to Wholesaling Real Estate
IRS Plug?
Does anyone happen to have a contact in the IRS Lien Department they'd be willing to introduce me to? My partner and I are about to pay someone to help us figure out a way to get these IRS payoffs to us faster.
IRS Plug?
Case Study - $3,000 comish for 5 emails
Hey everyone! This isn't a wholesale, but it helped me build rapport with an estate attorney that now likes to send me his probate properties. They had a probate case that was tied up for months. The son wanted to purchase the family home but couldn't due to the poor condition and a large $42,000 lien on the house from a medical facility. Since he couldn't get financing, they were just sitting. After reading about this in 1 paragraph of a book, I decided to blindly go in and attempt to purchase the lien for $10,000. I knew I'd figure it out as I went. I told an investor, put $10,000 in and when it closes you'll get $32,000. I sent a few emails to the lienholder and they initially agreed to sell the lien. Last minute, they decided to release it instead. The attorney stepped in (always good to keep those on your team because it seems like they know all the attorneys in the area). The lien ended up being released for $0. I returned the $10,000 back to the investor. End result: - $42,000 of equity went back into the estate which gave the son room to get financing and purchase the house ( a family home stayed in the family ) - the law and real estate team all got paid - My name was called out in the closing room for 'saving the day' and a quick $3k was sent my way as thank-you. All together, this took me about an hour of 'work.' (Idea, get the $10k, cash it, send the emails). I just wanted to throw this in here to: a. give you an alternative for when there are liens on a property. Try to get them RELEASED first if the numbers aren't working. b. give those still finding their confidence in this space that while the numbers are important, following through on your ideas to see how it ends is what moves the needle. c. Good paydays feel good in one way, AND helping others just to help them is an entirely different warm fuzzy feeling that you remember longer. Bless and be blessed. Cheers!
1 like • 12d
@Elly Santana It's my pleasure!
1 like • 12d
@Kenesha Smart #JustTrust
Indianapolis, Indiana Update
There's $8 billion worth of upgrades going on in Indianapolis right now that's going to bring in a TON of new residents in Central location and Plainfield over the next 5 years. Properties are popping up for sale everywhere due to rising prices. I'm your Indy Lady, so let me know if you're wanting to JV or are looking for something specific here.
0 likes • 12d
@Dewan Smit Got it!
1 like • 12d
@Anthony Svelto It's a great one to start with! Not too high of prices to be completely uncomfortable in the first transaction and properties of all kinds are needed. Rentals, airbnbs, family homes, multi-families, lots for development, etc. You got this!
What's your lowest and highest assignment fees to date?
I'm curious about the mindset between the two. How did you show up for each? Being an avid student of the mind, I know everyone has different comfort levels with what's a 'normal' amount and an 'impressive' amount of money. I'm about to close my first deal with a $10,000 assignment fee, and would like to know how the conversations between you and the seller/buyer (and your own self-talk) goes when it hits the $20k, $30k, $50k+ range since that's money I haven't yet moved before. Cheers!
0 likes • 19d
@Donald's Home Property for sure. I've got all this in my buy box. Cheers!
0 likes • 17d
@Tammy Jenkins You're the best. Thank you for that info!
Now Full Time…sweating
I was focusing on wholesaling real estate and land a bit too much and got caught at the office, and now I am unemployed… it’s probably better this way. I need to make money like yesterday though. I have a buyer for the North Carolina and South Carolina markets. I am ready and willing to JV absolutely anything.
1 like • 20d
It's been 5 days since you posted this, how are you doing? Spiraling up or down?
1-10 of 18
Alexa Overton
4
32points to level up
@alexa-overton-4611
Real Estate Wholesale | Probate Focused

Active 11d ago
Joined Apr 10, 2025
Indianapolis, Indiana
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