Seeking advise for my first wholesaling deal.

Seeking advise for my first wholesaling deal.

Wholesaler · Albuquerque, NM · Member since 2016 · 6 posts · 0 votes

My partner and I have been spending some serious time preparing to make our first wholesaling deal. We found some potential deals by driving around neighborhoods and making a list of houses that looked like they were not lived in or neglected. From there we searched county records to narrow our list down to homes with a different mailing address than property address. Now, we are ready to get the ball rolling and execute a deal. Can someone please walk me through what to do next or even look over some of the properties we had in mind? Thank you and I look forward to reading everyones responses!

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  • Flipper/Rehabber · Sacramento, CA · Member since 2016 · 807 posts · 815 votes
    10y

    I would try to find out the owner's name on the tax documentation and try to get a hold of them.  You can use a people searching site like intelius to get their phone numbers.  At the very least,  send each serious lead a handwritten note saying that you want to buy their property for cash. Make a list of these properties and keep mailing to them occasionally.  Let me know how it goes! 

  • Wholesaler · Puyallup, WA · Member since 2015 · 171 posts · 82 votes
    10y

    Howdy

    Also would add that it is CRITICAL That you have a list prepared of cash wholesale buyers in your pocket. If you don't have a "end buyer" for your wholesale deal.

    To your success,

  • investor · McDonough, GA · Member since 2015 · 230 posts · 77 votes
    10y

    @Christian Chavez

    Have you mailed them a letter or knocked on their door? 

  • Wholesaler · Albuquerque, NM · Member since 2016 · 6 posts · 0 votes
    10y

    @Account Closed

    Yes, letters were sent out today.

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