What is your Favorite Lead Type a wholesaler?

[Marc Frage]

We all have a favorite lead type that when it comes to wholesaling!

What lead type that you love the most? 

What is your Favorite Lead Type? That you love to work with! and usually the most profitable for you? 

[Lydia R.]

@Marc Frage Thanks for the shout out @Barry Pekin! What @Barry Pekin said is spot on. You are looking for people who have to sell not people who want to sell. Wholesalers tend to gravitate towards FSBOs, preforeclosures and MLS properties. All of those are people who are unmotivated to sell at a discount. Personally I like vacant houses. Thats become my niche. It removes a lot of the hassles that come an occupied house. Tenant occupied? Pain in the butt unless tenant is going to vacate prior to closing. Owner occupied? Well now you have to solve their problem of where to go when they leave their home. Ive had sellers who couldnt afford to go somewhere else. As a wholesaler, if you want that deal you have to help find the solution to that problem. Vacant houses have none of that drama. There is no one to relocate, no emotional attachment, its costing the homeowner money as it sits there vacant and deteriorating so its an easy argument to make for selling. Also vacant houses tend to be harder to find. So they arent on a list and so Im usually the only investor the owner talks to. 👍🏽👍🏽👍🏽