DFW REI Club

 Dallas/Fort Worth Real Estate Investor Club

Wholesale newbie

  • 05 Apr 2019 11:18 PM
    Message # 7262733

    Hello, been in DFW for 2 years. I came from Houston. I have read, watched seminars and webinars on real estate investing. I am ready to start wholesaling part time butmy reg job takes most of my time. I'm in Granbury and would like to talk to someone with knowledge maybe a mentor or something. Thanks in advance. 

     

  • 06 Apr 2019 11:34 AM
    Reply # 7263224 on 7262733

    My name is Taylor Weakley, I am a Hard Money Lender and Sponsor of the DFW REI Club. I have done many wholesale deals over my career, feel free to give me a call anytime so we can discuss how we may work together.


    Taylor Weakley

    817-939-9436 cell

    taylorweakley@yahoo.com

  • 07 Apr 2019 11:42 AM
    Reply # 7264287 on 7262733

    Welcome to DFW Matt, and the start of your wholesale career. You are now wholesaler #101 that I have counted! Best of luck to you. I think what many of us have found the best way to get deals is map off an area around your house and walk it, leaving cards & flyers and build & expand your farm that way, though that will be miserable shortly as we kick into summer. To compete with many wholesalers that spend upwards of $30-$75k a month in mailings is a fools game. To cover more area than that will lead to endless driving.

    Or am I wrong?

  • 07 Apr 2019 12:53 PM
    Reply # 7264371 on 7262733
    Robin Carriger (Administrator)

    Hi Matt,

    Welcome to DFW REI Club!  My wife, Cindy, and I have done more wholesale deals than we can count, and we've been teaching a Wholesale Real Estate Investing Class for about 12 years now.  Feel free to give me a call at 817-300-1132 to discuss wholesaling.

    Thanks,

    Robin

  • 08 Apr 2019 2:30 PM
    Reply # 7272139 on 7262733

    Welcome to DFW Matt. 

    I too, am new to the business and working part-time at it. I have not done any wholesale deals but in the last two years have done three buy&holds, and am presently searching for a retail buyer to finalize what I hope to be a very lucrative rehab and flip. I have borrowed hard money from the Weakleys on 2 occasions and have no complaints. I would not consider any other source of funds now. They are straight shooters and you can feel free to share confidential information with them on pending purchases and know that the information will remain confidential. Like Chris suggested, I started in my own backyard, "driving for dollars". This has been very effective for me. I would suggest some low key business cards with a catchy logo image that tells the eye that money and houses is your business without reading it, and a slogan on the back that suggests you are there to help them any way you can (i.e tax protest, refinance, remodeling estimates, etc.) Often times these discussions open the door to a deal in the near future. So, listen to there problems, desires, and offer possible solutions and the money will follow. Also, word of mouth travels, so offer every person you know a finders fee. Turn the world into your network of bird dogs. Remember that desperate people don't want to do business with slick investors. So, avoid projecting that image. Anyway, it's a great business to be in. Good luck! 

    Nick 817-239-1433

    Last modified: 08 Apr 2019 3:00 PM | rockne ardoyno

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