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Updated over 4 years ago on . Most recent reply
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Virtual wholesaling and property visits
Hey guys, for those of you who have experience in virtual wholesaling (either being the remote wholesaler or as a partner to a remote wholesaler), what methods have you found most effective for evaluating properties? I've heard lots of different methods, but I'm curious to engage in dialogue with people actually doing it!
-Do you find local wholesalers and give them a cut of the deal to go evaluate the property, meet with the seller and show the property?
-Do you find a local contractor, handyman, or inspector to go through the property for you?
-Do you skip this altogether and not do site visits while virtual wholesaling (this sounds crazy to me, but I've heard of people doing this)?
-Do you hire a local team member to be your boots on the ground in that geography and do the viewings and showings for you?
Curious to hear about the successes and struggles people have had with these methods.
Thanks for your comments, and be healthy!
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@Pat Di Orio Out of curiosity, what prevents your boots on the ground home inspector from just putting the property under contract himself and cutting you out completely? Im not being snarky, I have been looking into possibly virtually wholesaling but have been hung up on the question I just asked you. Other than that, I think its a great strategy. How do you get local comps?