Motivated Sellers, Absentee Owners

[Mack Woodward]

Hello all! Hope this finds everyone well.  I'm new to wholesaling, I'm wondering if there's a good way to find motivated sellers and absentee owners (all potential wholesales) to begin without purchasing expensive lists.   Thanks in advance! 

All the best,

Mack

[Curt Smith]

Hi Mack,  Several tips for a new person.

#1 join a local REIA. You need to rub shoulders with folks doing deals. BP is great but locals are more important actually!

#2 there is a marketing forum, you posted in starting out.   Go to the marketing forum and start reading.  Lots and lots of same question threads there.

#3 Read / search BP on "wholesaling is hard".   

#4 if you do get good deals under contract then you need to find buyers. There's a ton of buyers in the REIA I belong to who buy up deals. GaREIA dot org

Sooo what is easier than wholesaling then?   Read up in BP on creative financed deals;  marketing for low equity (vs high equity needed for wholesaling) then the seller is glad to let you lease and option their house, sell via subject to.  Ultimately the problem is finding sellers of each deal type.

The easiest and free way to find sellers is to go to craigslist, For sale by owner, put these terms into the search bar

must sell

motivated

seller will finance

And try putting your area as a prefix to these terms:  Buford must sell

Call those free leads and practice "negotiating a deal".  

LOL now you'll realize you need to know how to negotiate too.   All learnable here.  But the best helps on negotiating are on youtube.com.  Search on negotiating with a seller (low equity, high equity etc).

Good luck, curt