Comments on: VIDEO: “Wholetale” Deals and the Velocity of Money

By: plasterers bristol

plasterers bristol — Wed, 14 Jul 2010 13:14:59 +0000

You guys have some beautiful propities real estate in america…There so big and spacious….And not all crammed together like they are over here in the uk, i want to move to the states…..Nice blogg…Simon….

By: Matt Rosen

Matt Rosen — Sat, 10 Jul 2010 06:57:30 +0000

Excellent video from Bob Norton.

By: Torrey Brothers

Torrey Brothers — Sun, 20 Jun 2010 02:34:51 +0000

Great Post!! Wholetaling is definitely the best exit strategy in this market.

By: Hopefulhomesolutions

Hopefulhomesolutions — Sat, 19 Jun 2010 01:08:23 +0000

Yes, now it's clear! Thanks for explaining and doing what you do to help all of us along!

By: jp moses

jp moses — Sat, 19 Jun 2010 00:47:27 +0000

A big part of what you're seeing in the video is Bob assessing where the "wholetale" values are in comparison to what a retail buyer will pay for a "Clean REO" type of fixer. Something in need of sprucing, but financeable. Once you identify the "wholetale sweet spot" retail price, then you know anything below that is a great deal for you to buy and "wholetale".

Example: In one opportunity market, you might see houses going pending in 10 days at 75% of ARV that homeowners are jumping on. Then you have your benchmark "sweet spot" and you're looking for deals below that, that you can turn around and flip to that "wholetale" market.

As for how you find them in the MLS, it's all about speed and being on top of the new stuff. Some of our KISS Flippers (Fred/Courtney come to mind) will check the MLS multiple times a day for the new stuff...speed wins...and is rewarded.

The deals really are out there...but sometimes you gotta keep your finger actively on the pulse of your little opportunity market in order to notice 'em before they get snapped up.

Make sense?

...jp

By: Hopefulhomesolutions

Hopefulhomesolutions — Sat, 19 Jun 2010 00:30:10 +0000

I must be missing something. If a property is on the MLS selling at a certain price, and it's not selling, why would a regular retail buyer want to pay more for it from a “wholetaler”? They could have bought it from any realtor at the lower price.

By: Video: “Wholetale” Vs “Retail” Real Estate Deals, Part 2 | Real Estate Investing Tips

Fri, 18 Jun 2010 23:27:42 +0000

[...] Featured, Real Estate Investing Tips OK, guys. Thanks so much for your warm comments on the “Wholetale Deals and the Velocity of Money” video clip. You’re [...]

By: Jared

Jared — Fri, 18 Jun 2010 18:25:07 +0000

Love the video! Shows us a little insight on Bob's methods and how it could be very benificial! Would love to see more info like this to gain more insight and info……been curious about it for some time now!

By: Robert

Robert — Fri, 18 Jun 2010 18:12:40 +0000

great information i never thought about wholesailing to home owners. i would love to see more

thanks

robert

By: [VIDEO] The Velocity of Money – Wholetale Deals | Real Estate Investing News Watch Blog Aggregator

Fri, 18 Jun 2010 10:04:41 +0000

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