Newbie Wholesaling in Denver

[Abdi Muse]

My name is abdi. I am trying to learn wholesaling house in Denver/Aurora market. I very hard to get a deal here any advice.

Thanks

[Joey Chavez]

Hello there @Abdi Muse and welcome to Bigger Pockets! The road map for real estate investing success can be found here Bigger Pockets! Connect with experienced investors and get deals done correctly on Bigger Pockets. Congratulations, you came to the right place. Since you're just starting out, just thought I'd add a few words of encouragement for ya based on my experience when I first started out. 

To start - I realized that by only targeting properties that owe taxes was leaving SO much money on the table. The majority of the properties I purchase are current on their taxes. A lot of people don't even know not paying is an option - and in a lot of cases the taxes yearly aren't too much so they pay them anyway.

I don't want to say that this isn't worth your time - but I think it's a lot of time people tend to spend for maybe a couple of deals in the end. I always say mail a minimum of 1500 units - and count on a good purchase for every 300-500 units.

Also remember, Data is king. I would so much rather go to RealQuest and in seconds (literally) pull a list of all of the owners that match my criteria. Then I scrub it, which is incredibly easy since the list is all in one format in an Excel sheet for me. I price each offer based on our calculated purchase price. (Typically 20-25% of current "for sale" similar properties in the area.)

After that, I wait for calls and signed offer letters to come back! From there, you complete your due diligence and pick the best ones to purchase. I buy and immediately post them for sale ALL OVER THE PLANET for double what I paid. I wish you much success.  Feel free to reach out.