I'm a newcomer to the world of wholesaling and I'm eager to kickstart my journey, even with limited initial funds. To set things in motion, I'm on the lookout for motivated sellers. Could you guide me on the most cost-effective methods for achieving this as a beginner? Additionally, I'm seeking advice on locating potential buyers. What would be the most budget-friendly approach to achieve this goal?
Additionally, I'm eager for guidance on identifying potential buyers. What cost-effective approach would you recommend to achieve this goal?
I would like to establish connections within a community of individuals through informal coffee meetings or virtual Zoom sessions. Could you provide any information about meetups taking place in the NYC area that align with my interests? Your assistance would be invaluable as I take my first steps into this venture. :)
Lender · Winter Park, FL · Member since 2021 · 737 posts · 412 votes
3y
You can find sellers and buyers via platforms like Batchleads, propstream, or Synergy data. I personally use synergy, but they are all the same. Once you have skipped traced your targeted audience, I'd say text campaigns, and cold calling are two of the cheaper routes to go vs, direct mail or PPC.
Rental Property Investor · Greater Philadelphia, PA · Member since 2021 · 34 posts · 22 votes
3y
Government Lists! They are FREE (and dont let your county say otherwise). Code Violation lists, probate lists, fire damaged properties, water shut off, there are a LOT of them that are free for you to receive from your county clerks office. Simply email them or call and ask about the process for receiving these lists.
As for finding potential buyers: Attend meetups with goals, desired outcomes, and a purpose and become a regular at them. Another route is to utilize the cash buyers filter within a tool like Propstream and cold calling them from there, or posting into facebook groups is another popular method.