Beginner in need of guidance

Beginner in need of guidance

Member since 2025 · 1 post · 0 votes

I am a beginner wholesaler who is in need of guidance. I find my leads of market by analyzing distressed local properties. I also need help finding investors to purchase my assignment contracts.

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Drew SygitBusiness Member
Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
9mo

@Jack Roy buy Sam lunch, or at least a coffee, and pick his brain!

He knows his stuff:)

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  • Meriden, CT · Member since 2018 · 699 posts · 500 votes
    9mo

    Hey @Jack Roy.  Welcome to BiggerPockets!  I'm a local flipper, investor, private money lender, and property management company owner.  I'd love to connect and see if I can help you.  If interested, DM me.

  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    9mo

    @Jack Roy buy Sam lunch, or at least a coffee, and pick his brain!

    He knows his stuff:)

  • Wholesaler · Portsmouth NH · Member since 2019 · 208 posts · 95 votes
    9mo

    Hey Jack, happy to help on both fronts.
    Feel free to shoot me a DM!

  • Bo SmithPro Member
    Hinton, WV · Member since 2026 · 1k+ posts · 373 votes
    7mo

    Hartford's got solid opportunities if you know where to look. One thing that changed everything for me: after you find those distressed properties, create a simple scoring system - foundation issues vs cosmetic vs vacancy time. Helps you prioritize which ones to chase first instead of spreading yourself thin. Are you tracking any metrics on your lead quality yet?

    • Wholesaler · Hartford, CT · Member since 2021 · 9 posts · 1 vote
      7mo
      Quote from @Bo Smith:

      Hartford's got solid opportunities if you know where to look. One thing that changed everything for me: after you find those distressed properties, create a simple scoring system - foundation issues vs cosmetic vs vacancy time. Helps you prioritize which ones to chase first instead of spreading yourself thin. Are you tracking any metrics on your lead quality yet?

      Any tips for tracking lead quality?
  • Wholesaler · Charleston WV · Member since 2026 · 234 posts · 126 votes
    6mo

    You are actually starting in a good place by looking for distressed properties locally. That is one of the best ways to find opportunities.

    The next step is focusing on two things. Conversations with property owners and building relationships with buyers.

    When you identify distressed properties, try reaching out to the owners and simply start conversations. Your goal is to see if they have any interest in selling and understand their situation. Many deals come from follow ups after the first conversation.

    For buyers, start looking at who is already purchasing properties in your area. Check recent cash sales from the last 6 to 12 months and see which investors are buying multiple houses. Those are the people actively closing deals. You can reach out and introduce yourself and ask what their buying criteria looks like.

    If you bring a deal that makes sense, buyers usually show up quickly. Focus on learning how to identify good opportunities and the rest becomes much easier.

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