All Forum Posts by: Ben G.

Many of us including:

@Shawn Holsapple

@Rodney Kuhl

@Taylor Jennings

@Ashley Mullin

@Sterling White

@Steve Lawson

@Steven Myers

@Ronald Hunt

@Robert Johnson and the list goes on and on... 

Why do you ask, maybe one of us can be of some help?

@Joseph Kendall  you have to be careful investing in Indianapolis Joseph.  It really is too good to be true sometimes.  I get calls quite a bit from out of state investors who are wanting to offload their rental portfolio.  Their problem was they didn't do their due diligence before investing.  However, if you do your homework, their are amazing deals here. You just have to go about it the right way.  

Be careful strictly investing based on what you see on paper.  The neighborhoods change drastically from one block to the next in Indianapolis.  It's not enough to simply use comps that are in the same zip code.  Many times it boils down to the street the property is on.  I would never invest without coming to visit first. 

You really have to know your neighborhood, and more than anything work with a dependable and trustworthy property manager.

 Some of these Indianapolis neighborhoods include Broad Ripple, Fountain Square, Greenwood Area, South Broad Ripple, Fishers, Castleton, and many more.

$1500 in Indianapolis will get you a 3-4 BR updated, and 2+ bath in an extremely desirable neighborhood.  For $150,000 or less.

Welcome @Brian G. when is your next trip to Indianapolis?  Yes, the cash flow is great, but only if you're investing in the right neighborhoods.  A lot of things can look good on paper for you out of state Investors in Indianapolis, but I get calls and emails all the time from out of state investors wanting to off load their Indianapolis properties that aren't performing.  

Make sure you're buying in the right neighborhoods and make sure you have a great PM no matter how good the deal looks on paper.

@Silvio L.  congrats on your success.  I too just finished my first year as a real estate investor, and I am focused on wholesaling.  I have closed multiple deals and have invested a lot of time and money into marketing.  Similar to the way that buy and hold investors, invest time into managing tenants or property managers (because managing PMs can be a job) I spend my time and money on marketing for and managing relationships with sellers. 

It's not important whether or not your considered a real estate investor or whether or not it's a hobby.  You and I both know it's not a hobby.   What's important is that you are setting your goals and reaching them.  Congrats again and keep up the good work!

I should point out when I say organically, that means they aren't paying for the 1st spots on Google.  However, if they are doing both (paid and organic search ranking), then that's a bigger indicator that it's a serious wholesaler.

@Delon Hall  don't listen to the naysayers.  Surround yourself with positive people and avoid the negative ones.

Search motivated seller search terms in Google for your city such as: "Sell My House Fast Atlanta" or "Atlanta Cash Home Buyers"  find the websites that are ranking organically.  These are the wholesalers who have invested a lot of time, money, and effort into their business.  Ranking well organically takes time, money, and effort.  

You should feel confident that these sites that are spending all that time and money are doing it because they are having success closing wholesale deals.

Good luck and let me know how it works out for you.

I disclose everything to my buyers (who shouldn't care and don't) and my sellers (who can look elsewhere if they don't want to sell to me).  

Being honest and upfront with customers and clients is the best way to do business and maintain your reputation as a reliable and trustworthy wholesaler.

Most of my Subject 2 sellers are from my web leads. When I create a list, I make sure that these sellers have equity on my list. When someone calls from my web lead it's tough to eliminate calls from sellers who don't have equity. Therefore, maybe build a website and rank well in Google to get more Sub2 deals.

Good Luck!