how to start with Virtual wholesaling

Question

Hello , am willing to start wholesaling virtually and i have some questions hope i can find answers here , First am already working in getting off market deals for many clients and am aware of how i can do the process of getting them but not that aware of how they close on it or how they reassign the contract and now i figured out why not to start wholesaling myself, the question is what market can i start working on as a beginner and what do i need to start beside finding those off market properties , thank youu in advance

Julia Lyrberg · Answer

Hi Youseff, great to hear you're thinking about starting virtual wholesaling! Since you already have experience finding off-market deals, you're off to a solid start. For beginners, focus on markets with lower entry costs, high investor activity, and steady demand—like parts of the Midwest or the Southeast. To get started, you’ll need a good understanding of assigning contracts (check your state’s laws), a solid buyer’s list, and marketing tools to connect with motivated sellers. Best of luck!

Youssef Pullman · Answer

am out of the states at the moment, that's why am stuck with being virtual. I can do the part of finding the off market  properties  through cold calling i already have a team doing so pulling lists finding leads and close on them but for other people not for my self

Caleb Brown · Answer

Why wholesale virtually? You don't know the area, have no ability to lay eyes on it yourself and it's not easy. I would start local. Start with what you are familiar with. Best way is door knock, cold call and do the dirty work to find those sellers needing to sell. Make connections with local investors. Understand and know what they are looking for in a deal. Pay to have a GC walk with you to understand the scope of work needed for deals. You could also JV with a seasoned professional. You make a commission off the sales and they provide the leads, systems for you to work. If any of this sounds scary or not worth I would reconsider wholesaling. It is NOT like what social media or influencers try to paint, it's hard work.