All Forum Posts by: Karen O.

I should have mentioned that I'm in SE Wisconsin. Hope this kicks up some keyword alerts as I could really use the feedback. :P

Also, I know that these are just contacts at this point and not solid deals by any means. But I'm just getting started and am continuing to market so will be filtering through more of these with any luck and blessings. :)

Hi BP I've sent out some direct mail and have gotten responses but no cookie cutter type scenarios. As expected but I don't know what to do with them! All out of state owners, situations are like these: -"Cabin up north" in resort association with small bedrooms NO CLOSETS in 2 of the 3. Rest of house very small rooms. -Elderly couple, small lot, 60x60, with a 3 season cabin. Owner says its a tear down. She's been going there for last 73 years for the summers. Not a typo there. The reason I would be interested is that it's in a subdivision right off of Lake Geneva with lake rights including pier, beach and buoy. Highly desirable area, people do tear downs and new construction all the time and she said about 25% of her neighbor houses have had this done. -House owned free and clear in good condition, Zillow says 320k. Seller seems strangely and vaguely motivated even though it seems like a nice house in a good area that is rented till July. Has had long term tenants that are moving out. -Owner disabled and doesn't want to pay for house anymore but granddaughter is living in it. House listed with agent, seems to be priced below market but has been sitting and she just renewed listing a month ago. Anything to be done with a listed house? -Zillow estimate is 327k, owner has relocated Owned for 30 years and owes 110k. -Another one listed with agent, 62 days -3 calls with vacant lots. I don't know enough to know whether to throw out or pursue some of these and it's causing me to freeze. Would appreciate some help and mentorship. As mentioned in subject line, I would gladly share profits at a reasonable, industry standard rate for help from someone with a track record in wholesaling. Any and all help would be very much appreciated. Thank you BP!

Hi Nadirah,

Just reading this post now and so grateful for all of the good input and suggestions.  The support here is awesome.  I'm saying a prayer that your buyer doesn't fall through and that all goes well.  Keep us posted!

Hi BP. I'm super excited that I've gotten two responses even though I realize they may not pan out. I'm just happy to see some activity. Here's my question, one is a house that is listed with a realtor. Can this be wholesaled? Second response was a lady that owns two lots, no houses. This must be a mistake as I only wanted Single and multi family from the list service I used. Can I do something with lots or should a newbie stay away from that for now. Really looking for help as I'm scared to death on returning these calls and blowing something. Any help would be much appreciated.