Updated 4 days ago on . Most recent reply
Finding Buyers for Wholesale Deals
So I'm getting into wholesaling right now and feel like I'm on my way to start reaching out to people, but from what I've heard, I should have a buyers list first. I live in the Salt Lake Area in Utah and I've joined some Facebook groups and I've been trying to find people on here as well, but what's the best way to find buyers in my area?
Most Popular Reply
There are many different ways to build a Buyer list for wholesale properties. The laziest way is to purchase one online. If you want to build a strong, credible list, do the work. Go to investor meet ups and swap business cards. Go to in person auctions and introduce yourself to the investors there buying homes. Browse listings on your local MLS with non-occupied owners, who could be investors. You could even pull a tax records search of non-owner occupied homes and do some marketing to some of them to draw out any investors wanting to add to their portfolio.
Also, a bit off topic, but equally important....learn your business, especially the contract paperwork you will be using. There are way too many people getting into wholesaling that are working at such a high risk level because they don't know their contracts, and are just an angry client away from litigation that could jeopardize their whole operation. Know your duties to disclose, and be transparent. Just a word of advice. Best of luck to you!