Wholesaled my first deal today!
I have been thinking of trying to wholesale some properties in the last month but I have not started any marketing yet. I am always talking to people and telling them that I am an investor full time. One of my friends had got the word of what I was doing and called me yesterday to tell me that he had a mobile home that he was trying to sale. It was a single wide and he began to tell me how he needed money bad. I knew that in my county you can only put a single wide in park now. He was wanting $4000.00 for it. After I went to look at it I told him that I couldn't do any more than $2,000.00. He said he would take $3,000.00 and I told him I could do $2,500.00 tomorrow. He said that he would sale it to me for that. I then called a local trailer park and sent some pictures over to him and he purchased for $3,500.00. I know that it was not a great deal of money but it is a good bit of money for no marketing and less than 15 minutes of talking on the phone and taking pictures.