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Updated over 11 years ago on . Most recent reply

User Stats

916
Posts
190
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Chaz Reid
  • Investor
  • Fayetteville, NC
190
Votes |
916
Posts

What did you start off doing?

Chaz Reid
  • Investor
  • Fayetteville, NC
Posted

I like keeping my questions simple, short, and straightforward...

When you first started wholesaling, did you market first or look for buyers first?

Simple, short, and straightforward...

Most Popular Reply

User Stats

27
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22
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'Ty Taylor
  • Birmingham, AL
22
Votes |
27
Posts
'Ty Taylor
  • Birmingham, AL
Replied

Ben is correct, finding a good deal is like finding a briefcase full of cash for a cash buyer that you will wholesale to.

Once you place a deal under contract with a seller you will then advertise the property but of course you can only wholesale that property to one buyer. The benefit of advertising that briefcase full of cash is that 20 potential buyers may contact you but you can only sell to one of them. As far as the other 19 that call, you will want to collect their info to build a database of buyers.

Such as:

  • Name and contact info
  • How many properties they buy each month
  • Areas they like to invest in
  • Price range
  • Level of repairs
  • etc

Always advertise your deals even if you already have a buyer for it because you can never have enough buyers on your list.

Buyer's are always getting in and out of the biz

Just My 2 Cents But It's More Than One Way To Skin One

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