Newbie Wholesaler Inquiry

[Christian Smith]

Hello my name is Christian Smith,

I’m fairly new to wholesaling and I just have some basic questions I’m hoping to get answered. I’m anticipating on closing my first deal within the next 6 months so I’ve been attacking things kind of aggressively. I’ve chosen the TTP/Cold-Calling route to begin acquiring some potential cash buyer’s and it’s actually began to work! I reached out to investors looking to acquire as-is properties/land and I started receiving request from buyer’s through Craigslist. I found a property (home) right around the corner from my apartment that is boarded up and draws a lot of squatters. I’ve done a lot of searching at home online through public records and I’ve found a considerable amount of information including past residents (deceased/living), phone numbers, court doc’s, etc. I found an open-end deed of trust agreement signed by the deceased owners, relatives & a Trustee from a bank. I’ve done some research on open-end deed of trust but I’m still a bit confused on what I’m actually dealing with and whether or not it’s a deal. Hopefully I can gain some general information about this situation at least something that could point me in the right direction. I may be willing to provide more in depth data about the property for those interested in helping. Also if you have any other pointers for young, new wholesalers just starting with little to no income I’d greatly appreciate it!

[Marcus Maloney]

Christian, 

Wholesaling is not as easy as people portray it to be. However it is doable with the information and being consistent. I would like to share with you first by telling you marketing is the most important aspect of wholesaling. That's marketing for sellers and buyers. It would be great to use multiple marketing strategies. Lets talk when you get a chance.