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4 contributions to Wholesaling Startup Club
Weekly update - update. Creative Finance to Wholesale pitch
Update: Found a property that I wanted to do a creative finance deal on potentially... Reached out to the owner (no answer). the home was actively listed and on the market for more than 100 days. I txt messaged the agent about the specific property and asking them what was going on, and if the seller would be open to creative finance. The Owner Needs: the owner wants 1.1M and according to the agent... he wants or needs 600k out of the deal.... so :sigh: the only thing I could consider at this point is trying again to reach the seller directly to try and negotiate if that is really true or not. The Alternative Pitch: I offered the agent an opportunity to sell them on a home that I am currently rehabing ... same zipcode but a better home.. the seller/ buyer's price is too off to make the deal... they want to buy at 1.2M max .. my flip will go for 1.7M ... additional steps... find a wholesale property that is in their price range, and area... maybe I can do a double deal if I can pull that off... if not, I'll maybe find a wholesale deal to sell to someone else...
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New comment Aug 23
Weekly Goal
my weekly goal: make 10 solid network connections in the REI community make a list of 3000+ prospects call with the dialer at least 2 hours a day get my first Real live appointment as a wholesaler.
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New comment Aug 21
0 likes • Aug 20
@Edgar Gutierrez <-- How is your week going?
1 like • Aug 20
@Edgar Gutierrez one thing I learned recently from reading a book from Grant Cardone.... is be sold on what you are selling... I'm trying to figure out how to apply that to wholesale... but for foreclosures it is pretty easy to sell the value we bring i think... (now just how to articulate it) the value as I see it... and what I have pitched so far.. We provide a way for the people in trouble on their mortgages / finances to get out of the problem and pain of the foreclosure. Ideally we can provide them with some cash in their pocket if they have equity so they do not lose all... and what i'm going to do on my next door knock... (or try) Introduce myself (your neighbor, and in the area buying properties) Ask them about themselves and their situation... "i can't help but notice there are some deferred maintenance things on the property here... gutters, garage, paint... maybe something like this: Good afternoon, I’m {Your Name}, and I live nearby. I noticed the house might need a little upkeep—things like the gutters, garage, and paint. I know life can be busy, and sometimes these things get put off. I’m here because I’m buying properties in the area, and I wanted to see if there’s any way I could assist you, whether that’s helping with the property or just chatting about your situation.
Door knocking
Anyone doing any door knocking? If so, what’s been your experience? Any tips? Getting that urge to door knock some of the really distressed houses that I see around.
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New comment Aug 20
0 likes • Aug 17
i am in the same mindset... i did door knock a few, but no answer... i have been too chicken. how about we hold eachother accountable to go knock on 10 doors this weeken
Introduction tech -> REI
i have been a Software engineer and Recently an AI product developer... i am here to Diversify my income streams by forming a wholesale team. I plan to leverage automation where things are repetitive and no skill needed... but I am here to empower and join all of you for the things you love to do most!
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Kody Smith
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12points to level up
@kody-smith-2456
I am a Software Engineer focused on how to use Ai to help users, and employees get things done.

Active 4d ago
Joined Aug 14, 2024
San Jose, CA
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