Wholesaling Real Estate

[Zaide Willis]

Having trouble picking the right house to make my first wholesale deal on. How do I know what will sell and what won’t?

[Jerryll Noorden]

Yo blood,

Go to Zillow or trulia, and find similar houses to the house in question, and check out how long these similar houses have been sitting on the market before they sold.

Check to see the condition of the house, then also call the listing agent and question her like a russian spy.

Then what you can do too is visit open houses in the area of the house in question and follow the visitors around, talk to them ask then what they think what they like what they do not like.

Do this long enough and before you know it you know exactly what would sell and what doesn't.

For me...

Now I simply take a look at any house and I know exactly how long  the houses would stay on the market after we bought it.

Don't believe me?

Look at 

some of our recent flippers

One was on the market for 3 hours and the other was on the market for about 12? I think.

We have this system dialed down to the hour on market.

But I am seriously smart and brilliant and beautiful, and smeksie so be sure to put your margin of safety in your equation accounting for  the "I-am-not-as-sexy-as jerryll" factor. The less sexy one is the higher this factor. Since you are quite the smeksie feller start at 1.7

People like Barry, should start at 3.. maybe 2.. maybe! 

2.2. That is better I think!