Wholesaling Commercial Property

[Jeffrey Walker]

I have a plan that I want analyzed for finding Commercial Investors good deals and me getting the assignment or wholesale fee.

1. Get list of recent cash buyers of commercial property

2. Market to them about how I can benefit them. Get them to contact me.

3. When they contact me I find out exactly what they are looking to buy.

4. I use every marketing tool possible on a daily to find exactly what they want.

5. Talk to sellers and brokers. Analyze the deals.

6. Make offers that create a CURRENT AS IS property value profit of at least 20%. In other words offers made on value of property as it stands today not on pro forma numbers.

6a. Make offers based on what my buyers say they want to pay

7. Get offers accepted

8. Present offers to clients

 9. Close

Based on the real world what are the flaws in my plan? What are the major hurdles I need to cross or have not considered? Is there a better way to accomplish the same things?

Thank you for allowing me to participate.

Jeff

[Joel Owens]

Commercial sellers are more sophisticated so will be very hard for you to tie up their property for any length of time. If you do tie it up they will want big earnest money.