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Updated over 6 years ago on . Most recent reply

User Stats

29
Posts
10
Votes
Michael Arreola
  • Wholesaler
  • San Jose, CA
10
Votes |
29
Posts

San Jose Bay Area wholesaling

Michael Arreola
  • Wholesaler
  • San Jose, CA
Posted
Hello bp! I’m looking to connect with some wholesellers in the San Jose South Bay Area! After what feels like an eternity, I’ve decided to stick with this particular niche in order to start out in real estate. I’m just starting out so I’m looking to learn about the local areas and which strategies are most effective in this market from direct mail to cold calling to SEO. I’ve been driving for dollars in “hot” zip codes according to list source and have sent some direct mail to these distressed looking properties with absentee owners. I will be attending Max Maxwell’s We live event in Dallas in March and am excited to jump in head first. If you’re just getting started, let’s connect. If you’re experienced and have several deals under your belt, let’s connect. Im sure I can be an asset. Thanks bp!

Most Popular Reply

User Stats

494
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220
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May Emery
  • Specialist
220
Votes |
494
Posts
May Emery
  • Specialist
Replied

@Michael Arreola You are working in a very competitive market - with a lot of people trying to find the sweet deals. Many that are sending out mail are going after the same Absentee Owners. It might be helpful to work with a mailing list broker who can make additional suggestions. 

It's good that you identified some zips that you want to concentrate on. Time to start Mailing for Money! Two owner occupied segments have had success - without being over-popular yet

Seniors with Long-Time Ownership

15-20+ year ownership, age 60-89, specify median home values and eliminate known low equity

Owners with Low Financial Stability Scores (FSS)

Struggling financially, 5* year ownership, age 40-89, eliminate known low equity, and specify median home value.

Your list broker can run reports for you and most will charge the same as the online systems like ListAbility or ListSource. You won't have to take the time to learn the systems!

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