Finding Wholesale Deals

9 Replies

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

when you drive for dollars do you just door knock them or add them to mailer list? Where do you find probates? 

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. 

Hi @Cody Harris ,

With wholesaling properties  you have to be consistent and persistent. Tax Delinquent is a great list to start with; however I would recommend only mailing this list if you are going to commit to a minimum of 6 months. You can also find high equity absentee owners list and skip trace the list and start cold calling and looking for motivation. With any strategy that you choose just make sure to be consistent and persistent. 

Have a blessed day.

Joaquin Rosario, Real Estate Agent in New York (#10401307677)

Or what software you use? I’ve used a couple tying to call a while back I think it was red dot? But it gave horrible numbers that none were right

Hi @Cody Harris ,

I currently use Listsource to pull absentee owner list. You could also use Skip Genie to skip trace they are pretty good. 

Joaquin Rosario, Real Estate Agent in New York (#10401307677)

I totally agree with @David Bokman . Marketing is the name of the game. In other words, you are not in the real estate business, you are in the marketing business. It does not matter after which list you are chasing. What matters is to have a consistent, multi-faceted strategy that you religiously follow, day in day out. Don't leave anything out: online and offline actions are equally important. 

Good luck!

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