Must have systems for wholesaling

Question

Hi guys,

I need some recommendations on what systems to use to get started in wholesaling. I have decent knowledge but need additional input.

I work 12 hours a day so my timing is limited except weekends. What are some systems/programs I must use in order to succeed in this business?

Ex: Best place to pull list? Do I hire a Virtual assistant?Skip trade companies and whatever else you think I may need..

Thank you in advance

Jerryll Noorden · Answer

#1 thing you need for REI success no matter what niche you do...

You need to have a system in place that gives you reliably on demand like clockwork motivated seller leads ready to sell yesterday at a discount.

For this you need a website, and you need to be credible...

like so:

Anything else sorts itself out.

Then when you DO get leads like that, you need to hire, scale and implement your own systems.

Once you get leads like I do, things go fast. You can't slack and sit still... you need an expert to set appointments, you need a dedicated acquisitions manager to go to these appointments and offers need to be send out 30 minutes after the walk through.

Don't give them a chance to find other people. Make an offer that works, send it out, go to the next one, and next one and next one...

Then you need a lawyer in place or a closing company what ever you use in your state,

and signed contracts are sent over and they do the rest till closing...

while they do the work your Acquisitions Manager is back at it doing walk troughs and getting contracts signed.

Theory is super easy and simply and you tweak and fine tune your systems as you go.

The challenge is hiring the right people.. and of course getting free highly motivated leads every day!