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Updated over 11 years ago on . Most recent reply

User Stats

39
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8
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Daniel Morgan
  • Real Estate Investor
  • Springfield, MA
8
Votes |
39
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Presenting deals to cash buyers

Daniel Morgan
  • Real Estate Investor
  • Springfield, MA
Posted
Hello everyone.. I had a question for all the cash buyers out ther... what do u look for when u receive message from a wholesaler saying they have a deal for u? Of course the numbers always have to work but what else catches your eye and makes u want proceed with the wholesaler? What exactly do u want them to list on that 1st email that makes it easier for u to breakdown if its a deal for u or not? Anything that u find annoying that a lot of wholesalers do? Any feedback would greatly appreciated Thanx

Most Popular Reply

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22,059
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14,128
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
14,128
Votes |
22,059
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

This may seem petty, but proper spelling, punctuation, and grammar goes a long way toward a professional appearance.

As far as content, look at MLS listings. You don't need all the detail some MLS listings have, like dimensions of the rooms, but the description and information about the house is useful. An address. Pictures. A description of the work that's needed. Your numbers.

If you're going to be attempting long distance wholesaling, you need boots on the ground that can go have a look and give you an accurate assessment of the condition and an estimate of the repair costs. Without this information there's no way you can determine if you really have a deal. And having a real deal is the key here. Details and pictures won't make a crummy deal sell.

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