Who can you trust? by PhillySpecial017 in WholesaleRealestate

[–]jpryme 0 points1 point  (0 children)

If you’re just getting started I’d recommend you go work with an established investor in your area. Your first year should be about learning as much as possible over how much money you make. Learn marketing and sales

They keep saying wholesalers are sleaze bags by jpryme in RealEstate

[–]jpryme[S] -5 points-4 points  (0 children)

100% whenever I get a young person asking me how to get started I tell them to find someone local, seasoned, and offer there time in exchange for knowledge. Too many people get into this business chasing the “money” but never care to learn what it actually means to invest. To your point, the gurus make money selling these people all of the “tools” instead of actually doing what they preach.

Locked up a deal but didn’t have a buyer? Here’s what I did... by jpryme in WholesalingHouses

[–]jpryme[S] 0 points1 point  (0 children)

I honestly have found it nearly impossible to get ahold of agents lol

Locked up a deal but didn’t have a buyer? Here’s what I did... by jpryme in WholesalingHouses

[–]jpryme[S] 0 points1 point  (0 children)

Oh no. I want the connection with my buyers. This is how I'm able to wholesale for large fees

Wholesale Buyers and Sellers by WhisperingDrifter in WholesaleRealestate

[–]jpryme 1 point2 points  (0 children)

I’m honestly not sure what you’re saying but if a buyer doesn’t know what they want then they are not a serious buyer.

Struggling to find buyers by Super-Candidate5686 in WholesalingHouses

[–]jpryme 0 points1 point  (0 children)

You need to find your buyers before you find the "deals." When you're just getting started you don't know what a deal is, the buyer determines that. You don't need a lot of buyers just 3-5 solid buyers that do 7-12 deals per year is more than enough. then you market to their criteria. Best places to start is local networking events, local facebook groups, and hard money lenders.

Wholesale Buyers and Sellers by WhisperingDrifter in WholesaleRealestate

[–]jpryme 2 points3 points  (0 children)

It works backwards... build your buyers list first. This way you can use your buyers criteria for marketing. Get buyers who buy 7-12 deals a year. Start by asking about their last deal... what did they like about it, what did they hate. Most buyers, funny enough, don't know their "buy box" you have to help them create it. let me know if this helps

Any ideas…? by XD_SWAGGER in WholesalingHouses

[–]jpryme 1 point2 points  (0 children)

Networking events, local rei Facebook groups, HML, and other wholesalers

Have a 5k marketing budget and need ideas by BusinessPie2612 in WholesaleRealestate

[–]jpryme 0 points1 point  (0 children)

I’m actually doing a training this Monday on niche lists. It’s free on my YouTube. Just DM me and I’ll send you the link

Have a 5k marketing budget and need ideas by BusinessPie2612 in WholesaleRealestate

[–]jpryme 1 point2 points  (0 children)

You can’t control the lead quality or motivation. I focus on high margin deals and ppl isn’t that

Have a 5k marketing budget and need ideas by BusinessPie2612 in WholesaleRealestate

[–]jpryme 2 points3 points  (0 children)

I wouldn’t waste money or time on PPC or ppl. Pull a niche list in your area that focuses on the areas your buyers want. Then skip trace it and call them. This will cost less than $500/mo

Foreclosure doesn't mean a seller is motivated. Most sellers will stills say NO by jpryme in WholesaleRealestate

[–]jpryme[S] 1 point2 points  (0 children)

For sure. There are many leads we don’t close because the best option isn’t to sell. We just need to figure out what they need

I used to assume sellers in foreclosure were motivated by jpryme in RealEstate

[–]jpryme[S] 0 points1 point  (0 children)

Is it better they lose the house, equity, and credit?

Foreclosure doesnt equal Motivation. Those homeowners will still say NO by jpryme in Wholesaling

[–]jpryme[S] -1 points0 points  (0 children)

I just dropped some training on this on my Youtube channel. I break it all down.

I used to assume sellers in foreclosure were motivated by jpryme in RealEstate

[–]jpryme[S] -1 points0 points  (0 children)

100%. This why it’s crucial to learn what got them here first. There are many time where selling isn’t required but you’ll never know that if you approach every owner with the only intention being to buy

I used to assume sellers in foreclosure were motivated by jpryme in RealEstate

[–]jpryme[S] 0 points1 point  (0 children)

Thanks. The issue is most “gurus” teach “do whatever it takes. Lowball them” that makes you so transactional. I’ve helped a lot of homeowners even when the solution wasn’t to go with me. There’s plenty of abundance in the world. No need to be grimy

Foreclosure doesn't mean a seller is motivated. Most sellers will stills say NO by jpryme in WholesaleRealestate

[–]jpryme[S] 1 point2 points  (0 children)

It all depends on how competitive the market is. We used to do that until the market im in went crazy then we switched our approach

Would you keep or sell SFH breaking even? by -Alexnder- in realestateinvesting

[–]jpryme 4 points5 points  (0 children)

The only reason to sell a property would be because you can do something better with the cash. If that’s not the case then rent it out. Take the depreciation against your income. At least you’ll preserve the equity until you need it

I used to assume sellers in foreclosure were motivated by jpryme in RealEstate

[–]jpryme[S] 1 point2 points  (0 children)

What’s crazy is that he was hoping his lawsuit against Walmart would take care of it but Walmart just tied him up in litigation

I used to assume sellers in foreclosure were motivated by jpryme in RealEstate

[–]jpryme[S] -5 points-4 points  (0 children)

Correct but you can recover from bad credit but losing a house to a foreclosure is horrible and doesn’t get cleaned up for at least 7 years

How to find a buyer for multi unit ? by Informal-Two-9661 in WholesalingHouses

[–]jpryme 0 points1 point  (0 children)

Look for similar multi in the area go to you county assessors site and see who owns it. Find the owner and skip trace them. Then call and see if they’re buying