Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 12 years ago on . Most recent reply

User Stats

2,188
Posts
1,911
Votes
Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
Votes |
2,188
Posts

How to Make A $99K Wholesale Fee

Wendell De Guzman
  • Investor
  • Chicago, IL
Posted

I have a wholesale deal - a retail space that used to be a Walmart in Dayton, Ohio. Walmart vacated it because it built a Super Wal-mart.

Here's the cool part: the property is listed in Loopnet for $3.5M but one of my partners got it sooooo cheap (power of negotiating). We can sell it for only $995K to a CASH BUYER. If you can help me sell it, I will give you a check for $99,000 at closing. No kidding.

Here are the details:

119,000+ square feet of retail space
Market rent is $3/sqft/year
Year built: 1991
Land Size: 10 acres
Sales Price: $995,000

Here's the picture:

A deal like this does not come very often but we need to move FAST. If you snooze, you lose. Call me at 714-270-6438 if you have a serious buyer and I can set up a showing asap. Since the price is so low, there's no negotiation, and again, this opportunity is only open to a CASH BUYER (so no financing contingency).

Loading replies...