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137
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49
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Matt Fisher
  • Investor
  • Des Moines, IA
49
Votes |
137
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Wholesaling across a large, rural area?

Matt Fisher
  • Investor
  • Des Moines, IA
Posted Sep 25 2015, 13:53

My friend recently set up some online marketing for me that is starting to develop leads from across the state of Iowa (I'm located in central IA/Des Moines).  This has happened much more quickly than we anticipated. Now I have to figure out how to assess these remote properties' condition and value! 

My original plan was to lock them up with a contract and then find local realtors to help find a local buyer and split profits (or something).  There aren't a lot of wholesalers in rural Iowa either FYI.  I'm not keen on putting something under contract that I don't think will sell. IMHO, its rude to the homeowner. I'd like to find a way to provide them a quick response regarding my interest, then get to work trying to sell it.

I would like to get other's opinions about this approach and hear from those who do remote wholesaling (or other 'true' investing strategies).  Likewise, I'd like to hear from realtors-how can I approach this respectfully and so that I can make the most of their time.

Thanks in advance and regards,
Matt Fisher

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