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Updated over 5 years ago on . Most recent reply
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How can I find wholesalers to network with?
I've tried traditional means of finding wholesalers with experience including the local REIA meetings, answering Craigslist ads, etc. Does anyone know of a better way to find wholesalers with property to sell in Minneapolis and surrounding areas?
- Gus Muller
Most Popular Reply
@Gus Muller
The unfortunate real truth in all of this, is that if a wholesaler has a very successful business already they are not actively looking for buyers, because they have all they need.
The "wholesalers" that rain down the ads for "sign up here", most likely are doing nothing but passing on a property that has 10 other people in front of them, thus making it not likely that it's a real deal, or stands no reasonable chance of being investable.
With that being said, you can try some of these:
1. Local FB marketplace groups. Just be very very careful in them. Don't take anything at face value.
2. Check BP marketplace for any active listings.
3. I did see you attended local REI meetings, continue that approach. It will pay off, eventually. You might try talking to investors there and see if they will give up any wholesalers they work with, but that might be tough going.
4. If you have 1 day per week where you can work some leads yourself, do it. There are plenty of hardship situations to choose from, pick one and work it. When you get efficient at it, you will have no need for wholesalers.