Monday was busy for me because of getting two great wholesales under contract. I have two buyers fighting over one property and I am getting the paperwork completed with another buyer on the second property. Wholesaling takes different strategies at different times…and this new system seems to be working.
One item I would like to go over again is due diligence. No matter what, it is up to the investors to do their due diligence when it comes to getting their education or investing in a property. If you spend thousands of dollars on a mentor, make sure that mentor is right for you! If you invest thousands of dollars in a property, make sure you do inspections, read the contracts, and have a plan and a backup plan if the first plan fails! I run into a few investors who want to blame others for their financial loss. It is better to look in the mirror and ask yourself how you can do better next time. I know I have had to ask myself that question a time or two!