First of all I would take the word "Easy" out of your vocabulary assuming you want to be a wholesaler. There ain't no easy there. Also I would be careful of the word "fast" as well. Some people work for 6 months to find their first deal.
As far as getting deals here are some proven avenues.
1. Yellow letters
2. Bandit signs
3. Drive for dollars
4. Tell everyone you know you are looking to buy a house
5. Cregslist/ Facebook marketing (free)
6. Paid online marketing
7. Partner with another wholesaler
Good luck out there. Keep turning rocks over till you find what you are looking for.
First of all I would take the word "Easy" out of your vocabulary assuming you want to be a wholesaler. There ain't no easy there. Also I would be careful of the word "fast" as well. Some people work for 6 months to find their first deal.
As far as getting deals here are some proven avenues.
1. Yellow letters
2. Bandit signs
3. Drive for dollars
4. Tell everyone you know you are looking to buy a house
5. Cregslist/ Facebook marketing (free)
6. Paid online marketing
7. Partner with another wholesaler
Good luck out there. Keep turning rocks over till you find what you are looking for.
@Joshua D. Great advice and thanks for the tips. I came in contact with a buyer who is looking to invest in 3 properties in the area and I guess I don't want to lose him to another wholesaler/realtor because: 1. I am still very new at this, and 2. unable to deliver. He seems very eager.
For web, my leads come in from my website. I've put a lot of work into SEO on my site so it ranks high on keyword searches. My thought is that younger sellers begin entering the market, the more tech savvy. They'll be reached via the web over direct mail.
I've pulled four deals from my site in the last 9 months.
Its a ton of work and I don't have the time to share it all here. I hate to sound negative but this forum gets a dozen new motivated wholesalers each week then they're gone in a month on some new get rich scheme.
I listened to podcasts, read books and asked a lot of questions to folks. The simple fact is you need to create a site with good content that drives traffic, more traffic helps rankings. I use my blog and a meetup event I host to do that. Then you work on the minor details that allow a site to rank best, also you make sure you are using the keywords that are commonly searched.
It took me a year before I got a deal from my site, one year of work, effort with no results. Most folks post their site then give up after a month.
I didn't mean to sound negative so sorry about that.
Education, on websites is important and also a long haul mindset. That comes to all marketing, I've sent 11,000 mailers and gotten nothing before. Next week I went and sent more. Marketing needs to be consistent, so whatever marketing you are doing it must be consistently. Web, mail whatever.
When it comes to websites that means keeping up on what google pays attention to for rankings, studying your competition, making your site easy to use and convert. Mines about to get a big redesign and its already #2 in my market. But I want to be #1 and convert better.
@Tim G. - no worries, dude! I'm glad you understand the importance of this from a marketing standpoint. Especially in The Digital Age.
There are a lot of mixed reviews and opinions on this forum, which can make the process a little confusing for a person just starting out in REI. So again, thank you for sharing how you made this vehicle work for you. I will do my research and dig deeper.