How to get started

Question

Hey guys, i have done lots and lots of research on wholesaling and i think im ready to truly get my feet wet. Anyone have any advice as to how to start looking for deals and what to do as far as collecting data? Was thinking about starting with driving for dollars or looking at local county data. What do you guys think?

Ella Compton · Answer

You're definitely on the right track! Driving for dollars and pulling local county data (like pre-foreclosures or tax delinquents) are solid starting points. I recommend focusing on building a quality list of contacts, then follow up consistently. Keep taking action, it will pay off!

Lydia R. · Answer

@Jason Fucci At some point you have to stop researching and start taking action. If you've done thorough research you'll be familiar with all the marketing options: cold calling, text messages, direct mail, bandit signs, PPC/PPL etc. Personally I tell people to start with actual market research. WHERE you look for deals matters just as much as who you get the deals from. What zip codes are desirable? What is your median sale price and average days on market. These details matter. If I were you, because of the economic climate we're in, I would start with buyers. Buyers have all the leverage right now and they are much pickier than they used to be. The big hedge funds have stopped aggressively buying and many more investors are taking a 'wait and see approach' so to minimize the chances that you will be stuck with a deal you cannot sell, build a solid buyers list so that you can sell your deals easier. And you can even pick up some extra revenue when you JV with a wholesaler who has few buyers.

Ella Compton · Answer

Hey Jason! I would recommend joining a ton of FaceBook groups specific to your area. Message sellers and investors directly. Schedule a phone call. You would be surprised how many contacts I have gotten just from FaceBook alone.

Zeeshan S. · Answer

@Jason Fucci

Hey! Great to hear you’ve done your research and are ready to jump in, that’s half the battle. Driving for dollars and pulling county data are definitely solid starting points.

Another method that’s been working really well in the wholesaling space is lead generation through SMS marketing. It’s fast, cost-effective, and has a high response rate if done right. You can target motivated sellers (vacant, absentee, pre-foreclosure, etc.) using RE tools.

If you combine that with quality data from sources like PropStream or BatchLeads, and send personalized messages, you’ll start getting leads pretty quickly.

Zeeshan S. · Answer

SMS marketing isn’t just sending mass texts; it involves much more behind the scenes.First, you need to skiptrace your list to ensure quality contact data.Then, you must register for A2P 10DLC to legally and reliably send texts through carriers.Compliance is critical, and each message needs proper opt-out language and timing.We also monitor for spam risks and carrier filtering to protect delivery rates.Campaigns are sent in controlled batches with personalized messages to boost response.Hot leads are tracked and pushed into CRMs like FollowUp Boss for follow-up.Without the right setup, most messages won’t even land, and execution is everything

Lydia R. · Answer

What part did you have trouble understanding? SMS is just text message marketing. You skiptrace a list, upload it into a text blast software and then it sends a text message to the list. Have chat GPT help you craft a compelling text that gets your message across.

Michael Parker · Answer

@Zeeshan S. What does all this mean sir, I'm very new to all this and I really want to learn it all

Nicholas L. · Answer

@Jason Fucci

typically wholesaling takes money as well, in the form of marketing spend

good luck with whatever you decide

Nicholas L. · Answer

@Jason Fucci

can you househack instead?

Jason Fucci · Answer

@Nicholas L. Dont have the capital to buy into it at this moment thats why i want to try and get some wholesale deals under my belt first.

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