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Updated about 7 years ago on . Most recent reply

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67
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Cody Harris
  • Nampa, ID
24
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67
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Finding Wholesale Deals

Cody Harris
  • Nampa, ID
Posted

Hey everyone my team has done some flips as we have construction background. We are looking to find deals on our own and wholesale properties as well. What are some successful ways to find wholesale deals? I've heard and tried mailers but haven't had much luck on those. Door knocking? Find pre foreclosures? Thanks for the help

Most Popular Reply

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757
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David Bokman
  • Real Estate Investor/Wholesaler
  • Philadelphia, PA
318
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757
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David Bokman
  • Real Estate Investor/Wholesaler
  • Philadelphia, PA
Replied

You have to utilize all strategies, not just one.  It's the age of technology so anyone not using it is missing the boat. There's no secret to wholesaling and how to find sellers. Mail, social media, Google paid adwords, door knocking, etc etc etc. As for mailers the general rule of thumb is about 1-3% response rate. Out of that hopefully, you get some deals depending on the quality and consistency of your campaigns. If you don't plan on mailing for a minimum 3-5 months don't even bother.  Pick one or 2 strategies such as targeting vacant houses and probates and go after them. 

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