Help! My 1st wholesale deal under contract hasn't sold.

[Joan Soto]

Hello BP Community! I got my 1st wholesale deal under contract in Miami on July 21st, but it hasn't sold, and the contract expires on the 31st of this month. I'm new at this and fear I may have made a mistake either in my numbers, maybe I overestimated the desirability of this type of property itself, or something I'm not aware of. I wish to get your opinions, but I'm not sure whether it's appropriate to post it here, or share it via inbox. 

Any response will be appreciated. Thanks!

Joan.

[Account Closed]

Contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash. This typically is investors. Then again go to the assessors website and find their name and mailing address. Then look for these buyers by name to see what else they bought. The ones that buy multiple properties are obviously investors. 

Once you get this list of potential buyers, then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Once you have done all that with that neighborhood, go to the next one and 'rinse and repeat.'

I hope this helps.

Steve Anderson