Updated about 4 years ago on . Most recent reply
Best way to find motivated leads for wholesaling?
Hey there! I have been consistently making calls for the last few weeks to residences I have found while driving for dollars. Not too much luck at all unfortunately, so I wanted to hear what recommendations people have on the best way to find motivated leads. Every lead that has not told me to kick rocks either wants a ridiculous amount of money or just ghosts me. I'm not getting discouraged of course as I know I'm still pretty new, but other ways to get better leads would be great help!
Thank you for any help in advance.
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#1 Innovative Strategies Contributor
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#1 Innovative Strategies Contributor
- Lender
- The Woodlands, TX
@Justin Sawyer
Wholesaling successfully as a business, and not just getting lucky one time (like winning the lottery) requires a marketing budget of $5,000 to $10,000 a month, for SEO, SEM, direct mail, direct email, SMS, call center follow up, etc. ibuyers have entered the field, with large capitalizations, well known names, reputations for closing with no problems, and offers on the high end of wholesale. Now, realistically, how would you compete with that?
- Don Konipol
