I've listened to and reading almost everything I could about REI and I think wholesaling is a great place for me to start my REI journey. Not only is it a great way to earn money to start purchasing my own homes but, it also gives me a chance to follow and listen to season investors that know the business and can point me in the directions I need to travel. I've collected a list of about 400 vacant properties, of which, about 100 have great potential for investors to make a great profit on. I have motivated buyers but I have a huge problem. I need some advice on what to say to the absentee owners!
I know there’s a lot of post and blogs that say a mailing campaign is a great way to get responses but I really need some good advice on what to say and how to say it without scaring the owner away. Thanks to everyone in advance for the advice!
Good luck to everyone!
I would actually recommend before doing a mailing campaigns start driving for dollars. You would be surprised what you can find when you start looking for the right thing in the right areas. This way your only paying for gas, and if you can find a deal, it can be a great way to learn the offer and contract process without having to spend hundreds if not thousands on a mail campaign.
Thanks for the advice! I have some real estate investors that pay for leads so I can definitely lean on them to see how the contract process really works. What I would like to do eventually is do that and possibly do my own wholesaling. Again, thank you for your advice, I really appreciate it!
Good luck to you!
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