How Can I Wholesale Cheaply?

Question

As the title says, how can I start wholesaling cheaply?

I've heard of driving for dollars and direct mail marketing, but the market I'm interested in is 5 hours away and direct mail is very expensive.

Any advice would be greatly appreciated!

Thank you very much.

Jerryll Noorden · Answer

Website --> make it credible --> drive traffic to your site --> Make money ASAP.

There literally is no cheaper or more reliable way to wholesale!

Matthew Irish-Jones · Answer

@Misael Carlos Vera only one way in life to do things on the cheap in any industry... elbow grease.

If you don’t have money you can trade time.

Braden C. · Answer

What @Jerryll Noorden said.

Blaine Alger · Answer

Depends on how cheap we are talking.

Option #1: On the cheap

-Get a google voice # with the local area code

-Pull data (owner name, property address and mailing address) of properties from your local property accessor website (CAD, GIS, etc). Each county will have their own operation and some will be better than other. If you aren't able to pull data efficiently from the county you will have to look into a data provider (list source, propstream, etc)

-Use the mailing address to skip trace the data individually with white pages (20/month for 100 look ups) or true people search (free). Look for the name that matches the owners and call them.

-This is by no means the easiest way to do it but if you are looking to save money this is one way to do it.

Option #2: If you got a little money to spend

-Get a one line dialer from Mojo ($90/month)

-Get a propstream account to pull data and niche lists ($99/month for 10,000 records)

-Run the data you pull thru a skip trace service. I use turbo skip but there are others out there. (.15 cents/record)

-Upload the skip traced data to your dialer and start calling

-Cold calling is not for everybody but it helps to get over fear of talking to people and builds your communication skills within the RE investment space. I think it is a great way for people to cut their teeth in the industry and get your feet wet.

Feel free to reach out if you got any other questions!

-BA

How Can I Wholesale Cheaply?

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