How do I look for flippers and look for off-market properties?

How do I look for flippers and look for off-market properties?

New York, NY · Member since 2018 · 11 posts · 1 vote

I am in my undergrad at Columbia University but originally from upstate SC. The Charlotte market is incredibly interesting to me but networking remotely has been a problem (unable to attend REIA meetings). I would love to speak with flippers or to get suggestions for how I can connect with them. Any help would be greatly appreciated. Thanks!

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Flipper/Rehabber · Mount Pleasant, SC · Member since 2013 · 547 posts · 235 votes
8y

@Ned Roche find great off-market deals (by marketing to motivated sellers).  Put the deals under contract, email them to cash buyers in your area.  BOOM! you have a wholesaling business.  You can also buy lists of cash buyers from findcashbuyers.com or similar services, or simply use Trulia heat maps to filter for cash transactions in your target areas and build your own lists. Finding flipper (cash buyers) is easy if you can find deals to attract those buyers.

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  • Matthews, NC · Member since 2018 · 50 posts · 24 votes
    8y

    @Ned Roche I’m in Charlotte - Matthews to be specific. I’m interested in flipping and currently networking. Happy to stay in touch and share resources. 

  • Flipper/Rehabber · Mount Pleasant, SC · Member since 2013 · 547 posts · 235 votes
    8y

    @Ned Roche find great off-market deals (by marketing to motivated sellers).  Put the deals under contract, email them to cash buyers in your area.  BOOM! you have a wholesaling business.  You can also buy lists of cash buyers from findcashbuyers.com or similar services, or simply use Trulia heat maps to filter for cash transactions in your target areas and build your own lists. Finding flipper (cash buyers) is easy if you can find deals to attract those buyers.

  • Specialist · Branford, CT · Member since 2018 · 222 posts · 121 votes
    8y

    What is your plan for marketing to find the off-market deals? Do you have a budget for direct mail? If so, what sort of target list are you thinking of? Keep in mind that you have to get creative in the competitive markets. Absentee Owners might already be getting lots of offers. 

  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    8y
    Concentrate on your degree and your career. That’s where the steady income comes from to invest with, not wholesaling.
  • Dos Palos, CA · Member since 2018 · 14 posts · 5 votes
    8y

    @Russ Scheider thank you for the specific answer. That gives me something to work with.

  • Levi BennettPro Member
    Real Estate Broker · Charlotte, NC · Member since 2014 · 285 posts · 248 votes
    8y

    Type in, "Sell my home fast Charlotte, NC" into google and you'll be connected with every adword-paying, or reputation-based wholesaler in the area. Call them, and ask them what they have available. Usually they're off market. 

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