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Updated about 8 years ago, 09/06/2016

User Stats

408
Posts
209
Votes
Simcha Davidman
  • Rental Property Investor
  • Baltimore, MD
209
Votes |
408
Posts

Looking for my first deal

Simcha Davidman
  • Rental Property Investor
  • Baltimore, MD
Posted

So I've been scouring the real estate websites for deals in New Jersey. (Although I want to work my way up to larger properties other states, right now, I want to be hands-on in order to learn as much as possible, as quickly as possible.) Loopnet, NJ MLS, zillow/trulia, and a bunch of others. I've spoken to a couple of agents, and I have not found anything that will provide sufficient return.

And this week I had a thought (more than one, but one relevant to this discussion!), and I figured I'd run it by this community before I waste my and others' time.

What about wholesalers?!  I've been listening to a number of podcasts, and I get the impression that wholesalers do a lot of the legwork to find great deals, and then they need buyers to sell to.  Should I just try to contact some wholesalers?  Or is it more complicated than that?

Thanks in advance!

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