Where can I find wholesalers?

[Susan W.]

Where does one go about finding local wholesalers for Multifamily units in Forth Worth/Dallas, TX? Is it mainly through networking?

Thanks.

[John Mathew]

Absolutely, finding local wholesalers for multifamily units in the Fort Worth/Dallas, TX area typically involves a combination of strategies, with networking playing a significant role. Here's how you can go about it:

1. Networking Events: Attending local real estate networking events, meetups, and seminars is an excellent way to connect with wholesalers and other professionals in the industry. Look for events specific to multifamily investing in the Fort Worth/Dallas area.

2. Real Estate Clubs: Joining real estate clubs or associations in your area can provide you with access to a network of investors, including wholesalers. These clubs often host regular meetings and events where you can meet potential partners.

3. Online Platforms: Explore online platforms like BiggerPockets, LinkedIn, and local real estate forums. These platforms often have sections or groups dedicated to real estate deals and networking, where wholesalers might advertise their available properties.

4. Local Real Estate Meetup Websites: Look for websites that list local real estate meetups and events. Websites like Meetup.com often have groups focused on real estate investing that could lead you to wholesalers in the area.

5. Real Estate Agents: Sometimes, real estate agents are well-connected and may know of wholesalers or have off-market multifamily properties in their network.

6. Direct Outreach: You can also directly reach out to other multifamily investors in the area. They might have insights on wholesalers or even be interested in forming partnerships.

7. Property Auctions: Attend property auctions, both online and in-person, where you might come across distressed properties that wholesalers are looking to move quickly.

8. Word of Mouth: Let your local network know that you're interested in multifamily investments. Sometimes, referrals from fellow investors can lead you to reliable wholesalers.

When interacting with wholesalers or other investors, it's important to build relationships and demonstrate your seriousness as an investor. Also, ensure that you do your due diligence on any deals presented to you by wholesalers, as not all deals might be suitable for your investment goals.

Remember that finding reliable and reputable wholesalers takes time, so be patient and persistent in your search. Building a strong network of contacts in the local real estate community will undoubtedly be beneficial in the long run.

Let me know if you have some questions.

John Mathew