Finding legit wholesalers

[Ethan Rafferty]

Wondering if anyone else had this issue. In the Atlanta/Metro Atlanta area. I'm in the market for flips, but it seems like every wholesale list/wholesaler I meet sending me deals is incredibly sketchy. The deals they present look great on the surface, but fall apart once there's any diligence done. Whether it's a super inflated ARV or way underestimating rehab costs. I'm probably on 3 or 4 lists and haven't seen one good deal. Is this the norm or is there a better place out there to find a legit wholesaler?

[Josh Bowser]

Hey @Ethan Rafferty - attend meetups in the Atlanta area and try to meet them in person. Talk to other investors in the area and see who their go-to guy is for off market deals.

You need to make an honest effort to get in front of good wholesalers. Once you get in front of them, try to help them out in any way you can and keep in touch. The good off market deals go to the buyers that are top of mind and well liked. The scraps are sent out to the lists.

New wholesalers might market directly to a list, but the experienced ones have a few buyers that take down 80% of their deals. You need to work yourself onto the short list to find the good deals.