@Sergio Caliz Sergio, I hire VA's to call. Have two of them currently, working part time. I wouldn't be able to stay glued to the phone 8 hours a day. But the question about number of calls it takes to close a deal is important one. Even if I am not using my time and effort, I am still paying someone else to do it for me. I wonder if the model is viable. I could hire VA and task them with spending 4 hours per day, making offers to realtors/FSBOs and nothing else. I just don't want to wait 8 months before we close our first deal on MLS :D That's why I was curious about consistency, market, what it took to get a good deal on MLS and etc.

@David Tucci don't tell me you are selling a good list to dial LOL.

Why do you need to level up? The only time I wanted to level up was before I reached level 3, so I could post. Other than that, why do you need to level up? Add valuable content that is appreciated by others and you will level up without trying.

I never got anything from FB posts. We do post on FB too, but all we get is an inquiry from other wholesalers who offer 10% of what we locked it up for. The best and most productive channel is the wholesalers who specialize on dispo and whom you know personally. Once my direct cash buyers refuse, we dial a list of local cash buyers. If we can't get anyone interested I reach out to one of wholesalers/dispo specialists I know. They put their time & effort into it. If deal is worth anything above what we locked it for they get it dispoed for us. I won't say don't post on FB. I am just saying what worked for us. As to JV, you can agree on whatever terms you agree. Some deals we dispo 50/50. Others we put our asking price on and let JV partner add whatever they want.

There is a great value meeting REAL people who are doing the the wholesaling (as opposed to just posting vague, motivational posts). Glad we connected with Jamie. Lots of potential when you meat someone you can trust and do business with.

@Jamie Parker I would think a lot depends on property condition. Let's use example I mentioned earlier. ARV on 3br 2ba was in 220K-250K range within 0.25 radius. That property was old. Not falling apart, it actually had strong, solid bones. But everything in it had to go. Drywall had to be stripped, electric rewired, new panel installed, duct work done, HVAC installed, plumbing updated, then dry wall applied all over, new kitchen installed, 1 full bathroom remodeled, 1 more bathroom had to be added (no good comps for 3br 1ba in the are), carpets rolled. With recessive lights, decent looks (not anything high, just basic good looks with brand new kitchen/bathrooms) would cost around $110K-$120K. 60% of ARV , based on 220K figure, would amount to 132K. Obviously, no one would buy it for 132K. It sat on market with 95K price tag for a while. Agent asked $78,000 (includes 70K net to seller, 5K his fee and 3K closing costs, shifted to buyer under terms of his contract). 78K represented 82.1% of asking price. I was unwilling to risk 3.5K EMD on it, I was almost sure I wouldn't be able to find a buyer for it at that price, let alone my fee on top of it, no matter how small. I could easily sell it for $44,000, or 50K top. Again, this is based on property condition, which required 110K rehab work. I assume the property you referencing was in a good shape and required only minor fix, may be 10K-20K?

@Jamie Parker that's undisputable. Out of 10-20 realtors I speak with may be one or two are hard headed jerks. Most I find common ground with. It's usually the numbers that kill the deal. We end up too far apart. Like 78K deal above. We brought it down to 70K net to seller from initial 95K asking price. But it was still a terrible deal at 78K total cost to buyer. I usually explore number of ways I can take care of/motivate the realtor. Some of them say outright "It won't work for $X, seller refused $X+5K offer, won't go even for X+10K". Others say they will take my offer to seller (even encourage me to put in writing), then come back with a counter offer or rejection. What I am doing now is watching for those properties to sell and waiting for the new owner to record the deed at county. Whoever pays what they pay is my potential cash buyer in the area.