Good morning all!
I am curious to know how successful some of you have been when it comes to virtual wholesaling. Below is a few of the following things I have been trying to wrap my head around and wanting to see if you guys can give your feedback.
A) How do you find/market to properties you have never seen?
B) How do you collect the necessary data to package to your buyers?
C) In short, What is the process like from negotiation, locking in contracts, assigning and closing with individuals that you have in some cases never even spoken to?
I have these weird vibes that I get when pondering the unknown when it comes to real estate and that tends to lead down an endless road of "what ifs". Hopefully some of you guys can address these few things so I can get onto making deals and my neighbors stop thinking I'm schizo from from watching me blab at myself !! Just kidding but all jokes aside ,All feedback is welcome!
A. I hire an inspector go to through the property and double check it all. I have my team and property manager walk the property as well.
B. I ask people who know the data and then make a nice package for the buyers
Just start DOing. Don't worry about all the little details. You're going to figure those out as you go because stuff will come up no matter what.
Put a property under contract
Run the numbers
Market that package and sell it
Don't worry about the little things. Just get going.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Join the Largest Real Estate Investing Community
Basic membership is free, forever.