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Updated over 7 years ago on . Most recent reply

User Stats

53
Posts
7
Votes
Jay Jonez
  • Real Estate Agent
  • Chesterfield, MI
7
Votes |
53
Posts

Needing advice for wholesaling

Jay Jonez
  • Real Estate Agent
  • Chesterfield, MI
Posted
Hi, I have started to get into the wholesale game, I have been doing the for just under a month. Just wanted to know what sites some of you use to get motivated sellers? At the moment I’m using listsource for Absentee owners and I just received a tax delinquent list. Also how long did it take for your first wholesale deal? Lol From a beginner discouraged wholesaler.

Most Popular Reply

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4,757
Posts
4,054
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Jerryll Noorden#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
4,054
Votes |
4,757
Posts
Jerryll Noorden#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
Replied

I use a website (motivated website) to get motivated sellers for free.

Get your own website if you plan to be a serious player and get it now. All these lists are good for just one thing... to get started. Why buy and pay for these lists when you can get much better leads and a lot more for free?

I made my first deal ($14,000,-) in exactly 3 months. That first lead indeed came from a list. (my site was not yet ranking). After my third deal my site ranked 1 on google and I did not pay for a single lead ever since.

Don't just wing it. Have a plan.

The plan absolutely looks like this.

1) Get a website.

2) Do SEO

3) Get your list and select your filters wisely

4) Get on Craigslist and find leads and buyers

5) design your mailers wisely. Do not use stock designs!

6) Be honest with the sellers.

Listen man. There are people that will tell you something "advice" because either they want you as a client, or they fiercely believe in what they are saying. 

Either case this does NOT make them correct.

You need to think on your own and use your logic and intelligence. Do based on that!

Find reasons why you think any advice received is not good advice and find reasons why it is.

Evaluate them and visualize these, make a decision.

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