Wholesaling in Massachusetts

[Mitchell Hurst]

My partner and I are noobies, my mom has been in the field for 10 years and has made little to no money in real estate here in MA. What are the best routs to look for wholesale deals in eastern Massachusetts!?

[Robbie Reutzel]

@Mitchell Hurst 

Welcome to BP!  You will find answers and insight into your questions in the general wholesaling forum as well as the local Massachusetts sub-forums. 

You should listen to the podcasts as many of them deal with wholesaling and specifically marketing. 

You will probably find, as many have, that consistent direct mail to a targeted list plus periodic follow-up is the best way to get deals. There are other, less expensive ways to go such as driving for dollars and Craigslist but, in my experience, these are much less profitable in a $/hr sense. Really, to make it wholesaling you will need at least $1K/month to get started.  In reality it is not a great no-money strategy because it can get expensive. 

I think a great way for noon ones to start is to get licensed or volunteer your time with an established investor where you can learn and then make wholesaling one tool in your arsenal instead of the main focus.  Remember the majority of sellers you meet will not want or be able to accept 70-80c on the dollar.  It can be frustrating but it's just how it goes. 

Best of luck and feel free to PM me if you would like to talk and possibly meet up. 

Thanks,

Rob