Activity
Mon
Wed
Fri
Sun
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
What is this?
Less
More

Memberships

Wholesaling Inner Circle

2.8k members • Free

Wholesaling Real Estate

59.6k members • Free

15 contributions to Wholesaling Inner Circle
WIC Let’s Work Together in Texas
So we can have a central place for that information, please tag yourself here & post the city/ies you’re doing this business in in the state of Texas.
1 like • Nov 6
Houston / Galveston here
Rookie needs help.
So I have a few questions if anyone wants to help. -What were some of the most common mistakes you made when starting out in wholesaling, and how did you overcome them? -Are there any videos that really helped you learn the knowledge needed to close your first deal? -What’s your most effective method for finding motivated sellers?
2 likes • Dec '24
My issue was comps, access to a good realtor fix that for me know I can comp my self and estimate repairs, then there was negotiating that will always be a battle that will need improving. Video wise no not really you have to get in the field and make the mistakes trail and error I can make a video all day but my or anyone else experience won’t be the same as yours. Effective way to finding motivated seller is first pre foreclosure, then probates, then divorce, lastly door knocking or cold calling those ugly one that need heavy repair they are all motivated you just have to trigger they motivation it’s not always money sometime and a lot of the time it was emotion house they grew up in or they raised they family or they feel like they letting a loved one down by selling the property and not fixing it.
JV
Will I be able to JV with someone when the time comes?
2 likes • Dec '24
Sure you can always jv with someone who is going teach you while you JV
Preforeclosure back payments
What methods of other people's money are you doing to pay the back money on preforeclosure deals?
2 likes • Dec '24
Partner up with someone would would be willing to get a percentage.
1 like • Dec '24
@Ronald Grandy nooo, just close it before foreclosure and having you buyer cover back payments if you wholesaling it. The payment it taking out of what the seller gets.
LLC/ Legal Entity
Forgive my ignorance before making any deals did everyone create and start their LLC first, and if so how did you personally go about beginning that process and around how much did you spend doing so.
4 likes • Dec '24
Get the LLC first that the legit answer not random I did this or that. Handel the business first PERIOD
2 likes • Dec '24
@Andres Perez yes I had a kid we were splitting 40k+ jv and I kept telling him get ya LLC first he was like I’m get it I’m get and a couple of days before closing title came and said we can’t close this assignment unless he has a LLC and we had to delay closing a few days to wait for his LLC verification almost lost the deal
1-10 of 15
Joseph Robinson
4
32points to level up
@joseph-robinson-1737
Wholesaler who started in 2018, currently have a small team here in Houston tx area. A leader who is very strong on morals and humility

Active 21d ago
Joined Dec 10, 2024
Houston, Tx
Powered by