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Updated over 2 years ago on . Most recent reply

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Malik Rasheed
  • Wholesaler
  • Long Island, NY
1
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6
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Beginner Wholesaling advice

Malik Rasheed
  • Wholesaler
  • Long Island, NY
Posted

I'm new to wholesaling but after listening to a load of bigger pockets episodes I feel wholesaling is the right route for me. Just looking for some advice for a beginner.

where to start?

How do I get access to a list for direct mailing?

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Quote from @Mohammed Rahman:

Hey @Malik Rasheed! In terms of software that you *could* potentially think about using: PropStream is a well known tool but it does cost around ~$100/month. 

Alternatively, you could do other options to find properties. I know a couple of wholesalers based in NYC/LI in the forums too, you could try connecting with them. 

cc @Jean Tranquille @Oladimeji Sonibare

Hey, Malik. My best experiences have been with Driving for Dollars, to be completely honest. It’s a great way—in my experience—to put together a completely unique batch of leads and you’d be qualifying them at least partly based on how the property looks in person. Some of the images you see online can be outdated. The app I use for this is DealMachine.

For Skip-tracing, I use Batchleads but you can also Skip-trace within the DM app.

To cold-call my leads, I use a dialer called CallTools. It’s a dialer combined with a CRM so you can keep good track of your customer interactions. I would recommend cold-calling over direct mail; the response rates tend to be significantly higher and there’s opportunity for follow-up questions instead of a simple yes or no.


Best of luck! (Thanks for the tag, Mohammed.)


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