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All Forum Posts by: Arktavious Sally

Arktavious Sally has started 1 posts and replied 284 times.

Post: Bandit Signs

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Doug R. DirtCheapSigns.com are very good and they ship fast.

Post: earnest money

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Doryal Perry EMD is another name for consideration to bind P/S contract. It could be anything, however it is usually in a monetary form. I usually put down no more than $100 to be held at my title company.

Post: What does it take to succeed as a wholesaler?

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Wow Cameron Parker Those are alot of traits...

Post: What does it take to succeed as a wholesaler?

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

James Lee Just to piggyback off of Ned. Finding great deals, that you can put under contract and pass those deals on to your cash buyer and make money off the spread. Wholesaling is marketing.. Marketing drives leads and sales.

Post: No Recent Comps

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Marvin Cuffee No prolblem. Just remember if you buy in a war zone, it better be at a war zone price.

Post: No Recent Comps

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Marvin Cuffee If there are no recent retail comps and your exit strategy is to wholesale property, ask yourself, Is the area conducive to wholesaling. I always pull cash sales for last 3-6 months and see what investors are paying for like properties in the area and offer lower. A fix/flip investor can not increase the value that much of a house in a bad area so most won't work in these neighborhoods that may be the reason why there are no retail comps in this neighborhood. A buy and hold investor will buy, but want to pay hardly anything for the property, so you have to control them so low that landlord investor can't refuse them.

Post: Assignment contracts

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Cheryl Butler If you go to Resources and click on fileplace you will find a assignment contract there. It basically a standard contract.

Post: Which BUYER's list to direct mail: out of state or in-state?

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Sean D If you are trying to build a buyers list you should have someone that can go on the mls and pull a list of cash sales from the last 6-8 months in the zip code that you will be wholesaling in and contact those buyers to see if they are interested in more Great deals. It doesnt matter if the cash buyer is locale or out of state. As long as they can pay with cash and close fast...

Post: I want to wholesale. What should I NOT do?

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

Sam Harrington Don't spend alot of money on courses that promise to drop $ out of the sky. Wholesaling is simple, but not easy, there is a process. There is alot of free information here on BP and other websites that will help you threw your first deal. Good luck.

Post: What does it take to be a good wholesaler

Arktavious SallyPosted
  • Real Estate Investor
  • Upper Marlboro, MD
  • Posts 289
  • Votes 80

What are investors,rehabbers, and contractors looking for in a wholesaler?

Plain and simply, killer deals. A deal that will turn them a profit... Someone honest and ethical.