NEW TO WHOLESALE LOOKING FOR BUYERS

[Alan Gordon]

Hi im a new wholesaler in the Los Angeles area i have come in contact with properties i can get under contract, I've just been struggling with finding a buyer. How can i conquer this obstical?!

[Hattie Dizmond]

@Alan Gordon 

Welcome to BP!

Make sure the properties you can get under contract make sense, from a financial standpoint.  There needs to be sufficient profit to support both your wholesale fee and the investor buyer's returns.  Make sure, when doing your analysis you include the fixed costs (price to buy & then sell), holding costs and rehab estimates.  Buyers HATE when wholesalers present them with deals that haven't been analyzed correctly.

After all the analysis, if you have a good deal, you will have NO problem finding a buyer. 

Get involved with a local REIA. Find out who the active, "real" cash buyers are. Talk to them about what kinds of properties they are looking for. Get on the email distribution list for the REIA. Post the deal here, in the Marketplace. There are a ton of BP'ers from the LA area.

If it's a good deal, just get the property under contract.  you will have zero issues finding buyers.  They will come beating on your door!