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Updated about 1 year ago on . Most recent reply

User Stats

27
Posts
11
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Michael Furey
  • Flipper/Rehabber
  • Savannah
11
Votes |
27
Posts

Flipper trying to buy wholesale

Michael Furey
  • Flipper/Rehabber
  • Savannah
Posted

Hey Everyone. Not sure this is the correct forum category, but anyway….I’m currently flipping my 4th house. All is going well but I’m thinking of my next one. Instead of trying to get a deal on one that’s on the market, off market, or through a wholesaler I’m wondering how I can cut all that out and buy like wholesalers do. Only problem is I don’t know how they do it. How do wholesalers get their properties?  Are there other ways of going to the source and buying houses as cheap as possible?  Other than going door to door and leaving my contact info incase they want to sell. 

Most Popular Reply

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Replied
Quote from @Peter Mckernan:
Quote from @Michael Furey:

Hey Everyone. Not sure this is the correct forum category, but anyway….I’m currently flipping my 4th house. All is going well but I’m thinking of my next one. Instead of trying to get a deal on one that’s on the market, off market, or through a wholesaler I’m wondering how I can cut all that out and buy like wholesalers do. Only problem is I don’t know how they do it. How do wholesalers get their properties?  Are there other ways of going to the source and buying houses as cheap as possible?  Other than going door to door and leaving my contact info incase they want to sell. 


 You can do a ton of things to get this done:

1. Mail to people that have ugly houses
2. Cold Call them
3. Door knock them 
4. PPC 
5. Facebook Ads
6. Talk to people that are having garage sales
7. Drive for dollars


This situation you are substituting paying for the deal by spending your time! 


 I'm curious. I was looking into wholesaling and actually started taking action until it came to the cold calling. Personally, I don't like the idea of calling homeowners because I don't know how many other wholesalers has contacted them through the phone. I always try to put myself in other peoples shoes. Can you still be successful at wholesaling if I were to focus on sending them mail? I feel like that would be a better option for me.

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