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Updated over 2 years ago on . Most recent reply

User Stats

95
Posts
18
Votes
Christian Requejo
  • New to Real Estate
  • Florida
18
Votes |
95
Posts

NO More Wholesale Fluff from "mentors" I need the real deal

Christian Requejo
  • New to Real Estate
  • Florida
Posted

I have done extensive research on wholesaling. I have been wanting to fast forward my education and looking at many different mentors/program specializing in Wholesaling. Every one will tell you the same thing: to do Direct Mail Marketing, Cold Calling, Door Knocking, Drive For Dollars, Bandit signs, or text people, to find motivated seller leads. Also, Craigslist, Facebook, Twitters. Now there is a new thing called virtual wholesaling, No need to do Direct Mail Marketing, Cold Calling, Door Knocking, Drive For Dollars, Bandit signs, or text people, to find motivated seller leads. No money spent on marketing etc. etc. 

What does it take to be successful at Wholesaling besides being persistent? And is there anyone just teaching the nuts and bolts of Wholesaling? Because seriously it's not that hard to understand what Wholesaling is, but all these people are repeating and saying the same things and it's been the same information for decades. I don't believe that Direct mail, cold calling, bandit signs work anymore. At least not for quality leads. The key here is finding quality leads. No one wants to go through 300 leads to get 1 sale. It's not because that's too much work, it just doesn't make sense. Can someone jump in on here and shed some light about quality leads? and also about how to choose a location to market in? If you have a bunch of people doing the same exact thing, you might get lucky once in a while but my logic tells me this is BS and doesn't work anymore. Please shed some light. 




Most Popular Reply

User Stats

972
Posts
958
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Doug Pretorius
  • Investor
  • Kitchener-Waterloo, Ontario
958
Votes |
972
Posts
Doug Pretorius
  • Investor
  • Kitchener-Waterloo, Ontario
Replied

@Christian Requejo The only thing that's BS is doing any kind of deal with no money or prospecting. You have to get in touch with people somehow, either by spending your time calling, knocking, emailing, networking etc. Or your money with mail, PPC, signs, text blasts etc.

The reason you keep hearing the same advice over and over is because it works. Everything you listed will work because you will be making contact with people. Depending on the lead type 1 deal in 300 isn't bad. Why does calling/knocking/generating 300 leads not make sense to you? Just because other people are doing it? The fact that other people are doing it is a good sign, it means there's money in it. If there was no competition it would only mean there's no money to be made.

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