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Updated almost 4 years ago on . Most recent reply

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4
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1
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Elizabeth E Lewis
1
Votes |
4
Posts

New to wholesaling need guidance

Posted

I have a contract. Now how can I post it here on bigger pockets to get it sold? Help someone pl

Most Popular Reply

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99
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134
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Maurice Smith
  • Wholesaler
  • Richmond, VA
134
Votes |
99
Posts
Maurice Smith
  • Wholesaler
  • Richmond, VA
Replied

@Elizabeth E Lewis Just a recommendation. BP would not be a place where I’d post a wholesale deal. Instead, network and build a cash buyer list from BP.

That said, since time is of the essence, I’d recommend you download PropStream (if you don’t have it already) get a trial version, then do the following:

1. Enter your subject property address

2. Click the cash buyers filter at the top

3. Use the free form pen tool draw a circle around the neighborhood/subdivision (usually defined by major streets).

4. All the properties that have an LLC as an owner and have fairly recent purchases, are a good bet.

5. Go to the State Secretary’s website plug in the name of the entity, click on filing history open up their most recent annual report and many will have a phone number listed. Some will have members listed, in some instance you can try the registered agent (last resort).

6. If no number is present you have three options skip trace the member (s), send a letter, or if you can find a website send an email.

Written out it seems like a lot, but it’s really not that time consuming. Maybe 20-30 minutes and you can have a pretty good list of folks to reach out to.

You could also reach out to your local REIA, plenty of cash buyers there as well they may like your deal.

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