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Updated over 3 years ago,
Want to get started in Wholesaling in Salt Lake City
Happy Weekend Everyone!
I've been learning a lot about wholesaling and I think it might be the perfect place for me to start. I have a little bit of money that I want to grow so I can start buying and holding. Is anyone familiar with the process specifically in Utah/Salt Lake?
I think driving for dollars and leaving a post card would be a good place to start. I just want to make sure I fully understand the process before I go out and find sellers:
1. Find below market value deals (foreclosures, tax delinquents, distressed properties on and off market, etc) 2. Get in contact with motivated sellers 3. Get a contract signed between myself and the seller 4. Post the property I have under contract on BP Marketplace and/or get in contact with investors/buyers 5. Sign over the property to the investor/buyer.
Can anyone break down the process for me in more detail? There are still some blanks spaces for me that I want to clarify before moving forward with my search.
Thank you for all of your time and help.