Who been effective in wholesaling and what's your strategy?

[Carolyn Bledsoe]

My name is Carolyn and I'm a newbie to real estate. I recently attended a class on real estate investing and I am now my knowledge on best ways to get started. I was intrigued by the wholesaling strategy and would love to know more about folks experience with this. I enjoyed the class, but felt it was a rush job. I am interested in foreclosures, short sales, REO's, tax liens, and flipping for starters. Photo to come soon.

[Michael Lee]

Hello, Carolyn 

I would say as a wholesaler the thing you would want to focus on most is your ability to evaluate a deal correctly, your buyers are going to be investors who fix and flip or buy and hold properties on a consistent basis. Your ability to evaluate a deal correctly cuts their time in half in going out and finding a deal themselves so you have to basically think like an investor who will be buying the property from you .

Of course your focus should be to build your buyers list but remember your list will get very short quickly if deal evaluation skill aren't up to par so practice deal evaluations constantly with properties on the mls to hone your skills good luck