Flip This Wholesaler

Both leads I got yesterday didn’t pan out. One needed a complete rehab (the guy said it only needed minor repairs), and the other was worth less than what the seller claimed. Oh well. I was feeling a little discouraged today, so I sat in my office and didn’t get up until I called 20 “motivated” sellers. Out of the people I spoke to, I got one good lead that I’m going to check out tomorrow. There are still a few people who haven’t called back yet, so maybe something else will turn up. Who knows. One of the ads I called said “extremely negotiable seller. must sell. make offer.” When I finally got in touch with her (she called me back), she told me she wouldn’t take anything less than what the appraisal came in at. ??? What the heck? People are strange.

I’m really excited to not have to go to work tomorrow. I’m going to get up early, get the paper, and go check out some open houses. I may put some signs out tomorrow night as well.

Oh yeah, I found another buyer while calling ads today. I think I’m up to 27. Not all of them are buyers, some are wholesalers, but they all have their list of buyers as well. A lot of wholesalers will try to sell your property to their buyers and add on a few thousand for themselves.

Looking forward to the weekend and making lots of offers and talking to lots of sellers. Have to keep telling myself that it’s a numbers game.