Wholesaler · Member since 2026 · 73 posts · 11 votes
Is this the correct way to find leads?
First I look up on Gemini AI and find the hot markets for 2026. I Pick a zip code and enter into propwire. I see the median of the zip and try to find the "Bread and Butter" deals that are closest to the median or below median rental/entry level. Way above median Luxary/niche. I pick a house from the propwire search and see the house on Zillow and Redfin to estimate a repair cost. I find the comps (3-5) and find the ARV. Then I use the ARV and the market multiplier I found with Gemini AI (for example, 0.75 or 0.80) which makes up the "sellers/holding costs, buyers profit, fee, title fees". Then to get the MAO = (ARV * 0.75) - repairs. I then call the seller and start to negotiate to try and close a contract. Is this the correct way to find leads?
First I look up on Gemini AI and find the hot markets for 2026. I Pick a zip code and enter into propwire. I see the median of the zip and try to find the "Bread and Butter" deals that are closest to the median or below median rental/entry level. Way above median Luxary/niche. I pick a house from the propwire search and see the house on Zillow and Redfin to estimate a repair cost. I find the comps (3-5) and find the ARV. Then I use the ARV and the market multiplier I found with Gemini AI (for example, 0.75 or 0.80) which makes up the "sellers/holding costs, buyers profit, fee, title fees". Then to get the MAO = (ARV * 0.75) - repairs. I then call the seller and start to negotiate to try and close a contract. Is this the correct way to find leads?
It's not the way I would do it, but your experience will eventually lead into a groove you like. You'll be broke, but you'll like the groove.
Try to solve for the need, instead of the percentages.