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Updated almost 9 years ago on . Most recent reply

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Cameron Diggs
  • Newport News, Va
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Wholesaling journey so far

Cameron Diggs
  • Newport News, Va
Posted

It has been about 3 weeks since I discovered wholesaling. So far, I have recieved 2 absentee list from a title company for 2 cities in North County San Diego. Each day at my 9-5, I use Google maps and Zillow to evaluate the property. Then send out a letter to the owners to buy. I have sent out about 20 letters no response as of yet. Doesn't matter I just keep cranking out more letters. Today I am going buy more stamps , envelopes, and legal pad.So I write more letters every free moment I get. I'll will keep you posted and my results. Feel free to leave feedback and advice.

I greatly appreciate it 

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Adrienne Bryson
  • Flipper/Rehabber
  • High Point, NC
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Adrienne Bryson
  • Flipper/Rehabber
  • High Point, NC
Replied

Keep up the good work!

I also started about 3 weeks ago.  I drove around my area in neighborhoods I know are middle class B-ish neighborhoods with high property values (good to know your target area!) looking for houses that were neglected enough to "stick out".  Some were O/O some weren't.  So far I've sent about 40 letters to that list, all hand written, and have gotten 4 calls back: 1 (absentee) interested but not motivated, 1 (absentee) not interested unless getting huge payoff, 2 (O/O) in the works now and hopefully will be under contract by the end of this week.

 

From what I've seen I wouldn't count out O/O!

I am working on other lists either just sent out or sending out soon, so no results yet.  These lists, if you're interested in trying them, are:

- 75-100% equity with owners over 50 years old

- tax delinquent

- code violation...particularly overgrown or junky, multiple/long standing issues (this is a time/energy intensive list for me, hopefully your city's site is more user friendly)

- recent arrests (sent out Wednesday, believe it or not I've already gotten a call back)

Good luck!

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