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7 contributions to Flip Man’s Wholesaling Network
How are you verifying land buyers actually close before you burn a relationship with the listing agent?
Question for the land guys in here - on the agent-listed parcel split strategy Ty's been posting about, how are you qualifying your buyer BEFORE you go to the listing agent with an offer on just part of the parcel? That's a relationship you can only burn once with a given agent. On houses I lean on a POF letter plus asking for their last 2-3 closings to check they actually perform, but land buyers feel harder to vet since a lot of them are one-man shops. Curious what people are actually doing here beyond just trusting the buyers list.
Intro - Philly wholesaler here
Hey Flip Fam - Aldo here, run a wholesale/dispo operation out of the Philly metro (Kaizen). Been doing this a few years, mostly single family assignments and some creative finance deals, spending most of my time these days on the ops/systems side (lead flow, buyer matching) rather than door knocking. Land is new territory for me so I've been reading through Ty's parcel-splitting posts closely. Good to be here, looking forward to swapping notes on buyer lists and comping.
Experience vs. Numbers
One thing property investing has taught me is that the spreadsheet can tell you whether a deal makes sense on paper, but experience can sometimes tell you what the spreadsheet is missing. Earlier on, I found myself focusing heavily on the obvious numbers, purchase price, rental income, costs, yield and projected returns. Over time, I started paying much more attention to the things that don't always fit neatly into a spreadsheet: - How realistic the assumptions actually are - The condition and potential of the property - The area and tenant demand - How motivated the other party really is - The people involved in the transaction - What could go wrong that isn't immediately visible in the figures That doesn't mean ignoring the numbers. Quite the opposite. For me, the numbers are still the starting point. Experience simply helps me ask better questions about those numbers before making a decision. Sometimes a deal that looks great on paper has too many unknowns. Other times, a deal that initially looks average becomes interesting once you understand the situation behind it. I'm still learning from every deal and, honestly, I think that's one of the most valuable parts of property investing. For those of you with some experience in property, when have you trusted your judgement or experience over what the spreadsheet was telling you, and how did it turn out?
2 likes • 3d
the spreadsheet-vs-judgment thing hit home for me. I've passed on deals that underwrote clean on paper because something about the seller's story didn't add up, and taken deals with messier numbers because the motivation was real and the timeline made sense. the line item that never shows up in a proforma is how much a seller actually needs to sell vs. wants to sell - that gap is where the negotiating room lives.
Presenting Offers to a Real Estate Agent
When presenting an offer to a real estate agent, it is important to submit the offer using the appropriate state-approved contract forms. You should also be prepared to provide Proof of Funds (POF) with your offer, particularly when making a cash offer. Keep in mind that many real estate contracts are non-assignable, meaning the buyer may be required to close in their own name rather than assign the contract to another party. If a Realtor is representing you, they may also review your Proof of Funds to verify that you have the financial capacity to close the transaction yourself. If you submit a strong cash offer that makes sense to the seller, you should expect the seller to potentially request a short closing period, such as 14 days. However, cash offers do not automatically mean you will receive both a discounted purchase price and favorable terms. Sellers typically expect something in return for providing the benefits of a cash transaction. Cash buyers may also be expected to provide a substantial earnest-money deposit to demonstrate that they are serious and financially capable of completing the purchase. Remember, when dealing with the seller's agent, the agent's fiduciary responsibility is to protect and represent the seller's interests—not the buyer's. As a buyer, you should have your own representation and understand the terms, risks, and obligations associated with the offer before submitting it.
2 likes • 3d
good thread. one thing I'd add on the POF side - keep a couple letters on hand at different dollar tiers (50k, 100k, 200k) so you're not scrambling to get a new one issued every time a deal size changes. most transactional funders will turn a fresh letter in under an hour once they know you, but agents notice when your "proof" magically matches the exact offer price every single time.
Introduction 👋🏾
What’s Up Everybody What’s up everybody, Troy Somerville from Baltimore, Maryland. I started learning residential wholesale deals, but right now my main focus is vacant land flipping and commercial QSRs, quick-service restaurants. I’m here to learn the land game, connect with some solid people, take action, and get this first deal across the finish line. Let’s work! 💯🔥
1 like • 3d
welcome Troy. for the Sunday walkthrough, worth bringing a phone flashlight and checking the mechanicals (panel, water heater age, any signs of a slow leak) since unfit-for-habitation notices sometimes hide a bigger systems problem behind the cosmetic stuff on the notice. good luck with the showing
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Aldo Chandra
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@aldo-chandra-2470
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Joined Jul 13, 2026
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