All Forum Posts by: Edward Emerson

Hello!

I am new to the wholesale scene and I'm trying to learn as much as I possibly can. I'm starting off in the Houston market.

I’ve been doing a lot of driving for dollars, pretty much every chance I get since its apparently the easiest/cheapest way to get started generating leads as I don’t have a whole lot of money to start. So I’m starting with driving for dollars cold calling and bandit signs. That being said my list of distressed properties has been growing and I was wondering if anyone had any valuable info on good skip tracing habits, companies, skip tracing on a budget, etc. Just any valuable insight would be greatly appreciated as this will be my first time doing it.

Thanks In Advance!!!

Hello!

I am new to the wholesale scene and I'm trying to learn as much as I possibly can. I'm starting off in the Houston market.

I’ve been doing a lot of driving for dollars, pretty much every chance I get since its apparently the easiest/cheapest way to get started generating leads as I don’t have a whole lot of money to start. So I’m starting with driving for dollars cold calling and bandit signs. That being said my list of distressed properties has been growing and I was wondering if anyone had any valuable info on good skip tracing habits, companies, skip tracing on a budget, etc. Just any valuable insight would be greatly appreciated as this will be my first time doing it.

Thanks In Advance!!!

Hello!

I am new to the wholesale scene and I'm trying to learn as much as I possibly can. I'm starting off in the Houston market.

I’ve been doing a lot of driving for dollars, pretty much every chance I get since its apparently the easiest/cheapest way to get started generating leads as I don’t have a whole lot of money to start. So I’m starting with driving for dollars cold calling and bandit signs. That being said my list of distressed properties has been growing and I was wondering if anyone had any valuable info on good skip tracing habits, companies, skip tracing on a budget, etc. Just any valuable insight would be greatly appreciated as this will be my first time doing it.

Thanks In Advance!!!

@Matt P. Ok got it. So basically you're saying to sell the deal to someone like you (a flipper) I would need to lock it up at 50% leaving about 20% leeway for repairs and my fee, landing you at the 70% mark to make about 30% on the whole deal at the end. Cool, thanks a lot for your input and advice brother!

@Jerryll Noorden Lol don’t quit brother, I read all your comments on mine and @Lydia R.’s questions. Thanks so much for the valuable info and advice! I see what you’re saying as far as not just going with a cookie cutter number, but tailoring each offer for the situation and the buyer that I think would most likely be interested in said deal to be able to optimize the amount of money made as well as the amount of contracts signed. Thanks again!

@Yesenia Huerta

Hey how are you?! Thanks for the welcome, I’m actually in the Spring area as well. It’s a pleasure to make your acquaintance and yes hopefully we will be able to do some business together, I look forward to it!

Hello!

I am new to the wholesale scene and I'm trying to learn as much as I possibly can. I'm starting off in the Houston market and was wondering what percentage is best that I should use when analyzing a deal. I have watched some videos and I'm hearing 50 percent, some say 65 percent, and even 70. And with that being said please feel free to drop any other valuable information or jewels that you think may be beneficial when analyzing, determining ARV etc. I would greatly appreciate it.

Hello!

I am new to the wholesale scene and I'm trying to learn as much as I possibly can. I'm starting off in the Houston market and was wondering what percentage is best that I should use when analyzing a deal. I have watched some videos and I'm hearing 50 percent, some say 65 percent, and even 70. And with that being said please feel free to drop any other valuable information or jewels that you think may be beneficial when analyzing, determining ARV etc. I would greatly appreciate it.

Hello!

I am new to the wholesale scene and I'm trying to learn as much as I possibly can. I'm starting off in the Houston market and was wondering what percentage is best that I should use when analyzing a deal. I have watched some videos and I'm hearing 50 percent, some say 65 percent, and even 70. And with that being said please feel free to drop any other valuable information or jewels that you think may be beneficial when analyzing, determining ARV etc. I would greatly appreciate it.

 Thanks In Advance!

     Edward

Hello Everyone!!

 Im new to the wholesaling scene but have been doing alot of research and study as to how to get started. I believe this can be done full time and Im tired of watching videos its time to do! So if ANYONE has ANY information, pointers or suggestions PLEASE feel free to point a guy in the right direction! Im attempting to put together my first direct mail campaign. Its my first go so any help is welcomed and appreciated, best lists to look for, postcards or yellow letters etc. 

Thanks To Everyone In Advance!!!