All Forum Posts by: Bob Ewoldt

Welcome to BP!

This is a great string. Thanks for the info, everyone.

I'm interested in a meetup. Please email me at [email protected]

Thank you all for your great comments!

Happy Birthday, BP.

I'm interested in using wholesaling as the first step in my real estate investment strategy, and I'm wondering what your average wholesale deal brings in terms of income.

Do you always look for the same payout (i.e. "I always shoot for $5K per deal"), or a percentage of the value ("I shoot for 5% of the deal as the wholesale payment")?

@Alison M.

Do you use bandit signs at all? If so, what's your response rate with the signs vs. mailings?

I LOVE this thread. This is exactly the information that I want to know. Thanks, everyone.

@Bill Gulley Thanks so much for that reply. You all have been so helpful. I guess I'm not looking to do an in-depth analysis of each property that I look at, but I'm looking for a standard risk factor that I could (roughly) put into my numbers that would account for the risks that I would take with a mortgage rather than paying with cash (that would roughly account for all the things you mentioned... loss of income, economic changes, market risks, competition, etc.).

What I'm getting is that it's hard to quantify risk, but if you conservatively estimate all your other expenses, then you should be okay on the risk side. Am I hearing correctly?

@Ben Leybovich I'm working my way back through the podcasts right now. I'm on podcast # 19, so I'll get to yours this week sometime. Thanks so much for the advice!