Week 1

 Hello all, my name is Darrell and I am a new wholesaler.  I thought I would chronicle my journey so other new wholesalers can have a path and read how I go about my career.  I will be attempting to chronicle my moves every week and if any current wholesalers want to chime in on if I did something well or should try a different approach it would be appreciated.

So, so far I have been studying for hours each day different strategies to get all my ducks in a row.  I have a friend of mine who is a contractor who said he will come with me to visit homes to help me determine what type of work needs to be done so I know if I have a great deal or a money pit.  I figure if I know what needs to be done and how much it would take to get it done, I could come up with what I would make and also know what the rehabber will make so I can assure people of a round about profit.  Round about because really who ever really stays on budget in these things.

The next thing I did was looked up all the materials that I will need.  I came to the conclusion that I will do about 50 bandit signs around the area, luckily I live right off a very major express way.  I'll put them around those exits and also in some other areas known to be congested.  I figure since I am just starting 50 would be more then enough as I am only one man and to actually place 50 signs sounds like a full days job to me.  Or at least to place them in places that will actually get noticed. 

Next thing I looked up was different services that will give me a number that's not my own personal number.  I know I don't really want to post my personal number up and down the entire city of Chicago.  Who knows who will be calling me.  I feel I need some sort of screen from the ignorant and wiseguys.  I found a site that offers 2 lines, phone routing, voicemail, and auto receptionist for about $10 a month.  I will most likely be going with this service mainly for the auto receptionist, just gives a more professional feel and like I have an actual office and as you know they all say fake it til you make it.  So I am going to fake a brick and mortar office until I make a brick and mortar office.  Also the fact it has 2 lines which I hope to be 2 phone numbers, this way I can seperate the buyers and the sellers.

Next thing I looked up was business cards.  Now these I looked at all the moajor print company but none come close to my own personal friend who is a photographer who gets all these things wholesale.  So yeah, I'll save anywhere from 70-100 on 1000 business cards, so thats a blessing right there.

Lastly I started working on my web presence.  I began building a google site and bought myself a domain.  Now luckily that same photographer also does part time work with a company that sets companies up with google apps, which every company seems to be doing, including a lot of city jobs like the entire Chicago public school systems.  So he said he would hook that up for me too.  

So so far I have a small plan put together, a website started, some phone numbers figured out and a business card plan.  This week I will be working on creating logos for the website and business cards, trying to secure some absentee owner lists and probate lists to begin trying to find some deals. 

So thats my journey so far.  Hopefully I can get all these things done and get to my next step of actually getting some offers made.  I'll let you all know next week how it's going.