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Updated over 2 years ago on . Most recent reply
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Information needed before Wholesaling
Hello BP members. I am from Los Angeles, but I virtually fix and hold properties in Wisconsin. It’s been pretty slow for me so I sat down to go over some things I needed to scale my business to the next level. I realized I need more funds, a bigger network, and more leads coming in. Since these are my 3 main struggles, I had an idea to Wholesale properties in my current markets in Wisconsin. However I have a few questions and I’m hoping someone can help me out.
With the current market rates and the fear some investors have, is there any advice an experienced Wholesaler can give? I know wholesalers rely directly on buyers, so how were you able to find buyers that aren't afraid of the current market? I havnt started but I have a fear that buyers still continuing to purchase properties are very minimal. How can a new Wholesaler like myself stand out?
Also I work a regular Blue Collard job that takes about 40-60 hours of my time per week. So my strategy is to text blast, that way I could reach more people in distress to help with their situation. Hopefully God points me in the right direction to help those in need. Any advice on text blasting is much appreciated, thank you so much for your time.
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Hey Miguel,
I'm an out-of-state investor with two properties in Milwaukee myself. I'm in the same position you find yourself in. Relatively slow, and looking to scale. I've been considering sending mailers out to prospective sellers in the Milwaukee area. As a buyer, I see a lot of volume on certain Facebook Market groups and look for properties there consistently, you could find sellers there if you aren't already involved in those groups.