Houston Area investors

[Darnell Hicks]

Hello my name is Darnell Hicks. I’m a wholesaler here in Houston, TX, had a couple of contacts and couldn’t not find buyers. I’m looking for guidance on locating buyers.

[Cody L.]

@Don Konipol is right.  4 times last week I had wholesellers present me deals for sale.  Each was a property I already knew about.  Just making up numbers, they were trying to sell me a deal for $1m that was worth maybe $700k.  They had it under contract for $850k.  

When I told them it was too much I said "Look, just tell me what you have it under contract for and I'll tell you what I think about that price".  On each of them I showed them comps (like real ones that I've bought) at a lower value.  Or I showed them deals that were listed and failed to sell at the prices they had it under contract for (forget what they were trying to get)

What sucks is the uneducated sellers now have their mind poisoned since they think that's what the property was worth.  I'll come to them and offer $700k and they'll say "What?  I just had someone trying to buy it for $850k!".  I'll have to explain that the person who had it under contract was NOT a buyer -- just a middle man (I'll be nice and not say 'con man')