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53 contributions to Wholesaling Real Estate
Other than xleads
Where do you guys recommend getting your first deal so i'm able to cover the costs of softwares like dealmachine/xleads
3 likes • Aug 20
FSBO on Zillow or County Data. Look at govt list videos in the classroom section
3 likes • Aug 20
@Antonio DiRienzo There’s competition in it like anything else you’re trying to achieve but if you stay consistent the results will follow
I am so screwed! My entire business will be ruined by this one case.
Do I need to break my contract because I did not find a buyer? Inspection period ends today! Can they sue me because I did not find a buyer! OMG, I am so screwed! Dramatic, I know, this has been such an emotional rollercoaster! Both families have agreed to extend the contract out just 3 days! They both have been very nice. They both agreed to lower the prices too. Still not wholesale deals as both properties are pretty much move in ready and NOT 70% discount! I did talk to @Stan Santini and he gave me alot of great help!
8 likes • Aug 10
Just write a termination of contract to the seller. You can also add a special stipulation clause in your future contracts stating that the contract will be terminated if buyer fails to deliver EMD upon inspection period. I typically write a clause in my contracts stating that EMD will be delivered 3 days after inspection period. If you can't find a buyer by then, just send them a simple termination of contract letter. Even if you don't do that, the contract will just be voided. They won't have much go after you about especially if you're not a licensed realtor.
2 likes • Aug 10
@Garth Gibson you wouldn’t want to submit EMD before inspection period because that takes in more risk of needing to renegotiate with the seller of the property condition isn’t up to par with your standards and price range to flip to buyers for a profit
1st Deal in the booksšŸ¤šŸ½āœ…
First and foremost, I want to give all glory to God for making this possible. This is truly a testimony of what faith, consistency, hard work, and patience can achieve. I joined this community back in December 2024, determined to accomplish what once felt completely out of reach. After following Zach and Rick on YouTube since 2021, I finally made the decision to stop watching and start taking action. And now, I’m beyond proud and grateful to share that I’ve officially closed my first real estate wholesale deal! When I started this journey 8 months ago, I didn’t have much, but I had faith. I took a leap, went all in, and stayed committed even when things got tough. There were moments I questioned whether I should keep going… but I held on. And today I want to encourage everyone in this community: don’t quit. You're closer to a breakthrough than it may appear—just keep pushing. I’m deeply thankful to every one of you who’s shared knowledge, motivation, and encouragement along the way. Your impact has been real. Here’s to many more deals ahead for everyone grinding in this community. Let’s keep winning. šŸ™ŒšŸ¤©šŸ™
1st Deal in the booksšŸ¤šŸ½āœ…
0 likes • Aug 5
@David Martin Thanks David! It’s closer than you think!
0 likes • Aug 7
@Quentin Williams South GA
JV Deals
Hey I have 3 vacant land deals under contract way below market value. @Zach Ginn @Zach Ginn. Let’s JV papi
1 like • Aug 3
@Michael Weikum Go to sellmypaper.com to JV with them!
30 day deal (7k) breakdown
Soo…I made another deal! 7k and it took exactly 30 days here’s the story behind it and the break down 😊 - Week 1: I found this deal strolling on google earth skiptracing every house in the same street ! So Boom i was looking up the owner of this particular house turns out she was dead (bummer) so I called the next relative it was her daughter the only heir ! She says she wanted to sell the house as long as she didn’t have to travel from CA to NC ALSO her ex husband tricked her mom with Alzheimer’s into buying it unfortunately he was managing the property and she didn’t know a dang thing about it but I was like I can make this happen for you ( I told myself if I wanted to make this deal I have to solve this problem) - - Week 2: I got the seller under contract reason being she had to call my title company who I regularly do deals and close with to make sure I was legit, anyways I got her to agree to a price , unfortunately lowballing didn’t go the way I wanted haha but hey I’m not complaining, we got everything to title also there was a tenant in place as well so I wrote a letter saying there was a change in ownership and we needed to get in since the seller nor me had any idea about the house I had to do something so I’ve sent 3 people out there and finally got the tenant to cooperate on now it was time to dispo this thing! - Week 3: since this was a new area for me I didn’t have a buyer so I posted it on Facebook to be fair this was a GREAT deal for the buyer so I had interests from the ying yang but unfortunately again they were all at the same offer price so I just did a first come first serve type deal so I finally got one under contract after the walkthru - The buyer said he wanted the house VACANT I didn’t know this so I had a week to get the tenant out lol stressing it took me 2! Days with the help of my property manager friend to find a place for these people who didn’t speak a lick of english but we got them moved in like 2 days before closing haha my buyer verified closing - Week 4: finally got the closing docs to the seller and had the seller mail them back which was the most frustrating part because we had to wait for her notary then for her to mail the docs back! But we got it closed exactly on the 31st of July. - Long story short lol with each deal there will ALWAYS BE A PROBLEM so as a wholesaler it’s our jobs to solve them - - solve the problem to get the deal
30 day deal (7k) breakdown
4 likes • Aug 2
Congratulations Janiyah! I see great things in your future!šŸ¤šŸ¾šŸ“ø
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Christian McCall
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@christian-mccall-6351
Chris

Active 4h ago
Joined Dec 14, 2024
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