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Updated over 3 years ago,

User Stats

20
Posts
9
Votes
Meagan Martinez
  • New to Real Estate
  • Salt Lake City
9
Votes |
20
Posts

Want to get started in Wholesaling in Salt Lake City

Meagan Martinez
  • New to Real Estate
  • Salt Lake City
Posted

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.

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