Who needs help getting started with wholesaling ?

[Jack Lander]

Hey everyone! Just wanted to make a post to see if I could offer any guidance to anyone just starting out in this industry. I have not been very active on this site but want to start. I am very active in different facebook groups and want to extend my reach to this forum. I have a fairly large acquisitions team that targets creative finance deals, I have wholesaled a decent amount of cash deals as well. Currently my partner and I have a short term goal of buying 3 properties a month and doing 10+ deals a month by mid 2024. Please reach out if you need a push in the right direction. 

[David Dey]

Quote from @Account Closed:

@David Dey Thanks for the info! When you cold call with your iPhone, do you use any kind of software? I know there's a software called smartphone.io where you can dial up to 3-4 people at a time, have the call recorded, and auto generate a phone number that isn't your personal phone. 

If I personally dial them using smartphone.io, do you think that could lead to trouble down the road? I was planning on using that first, and then giving them my personal phone number after I identify people with motivation.

So if the software is giving you an “unfair advantage,” by automatically allowing you to call more than one number at a time.
However, I think you may have more issues regarding recording the call without their express permission.
For me, my recommendation is to try and get a list that promotes the most motivation in the first place.  (Vacant+tax delinquent, preforeclosure, etc..) 
I do recommend very strongly before you go buying the same list everyone else is buying and worry too much about dialers and the such that you take the very first right of passage that I believe every investor should take.

DRIVING FOR DOLLARS.

This is also probably one of the lowest cost of entry while also being one of the surest paths to success.

Simply start going through the B and C areas of your town and start looking for signs of distress and abandonment.

Look for the tall grass, homes that you can see right through at the windows, homes with no curtains and no furniture inside, damaged mailboxes, mailboxes with no doors, missing mailboxes, cars with expired tags which have obviously not been moved in quite awhile, etc…

Once you have found 20-50 addresses, look them up on the county’s property appraiser.

Here is a link to a site that will pull up the property appraiser, clerk of courts and tax collector for every county in the country. 

(I set it for Florida counties for you: https://publicrecords.netronline.com/state/FL )

Once you identify the owners (or in the case where it says the owner is an estate, look on google or legacy.com for an obituary which will provide you with the heirs) use a skiptrace tool like skipgenie.com (who has a cool price point of $99/month for unlimited searches) to find them and see if you can make a deal.

By taking these basic steps, you will learn how to actually identify deals, which will be invaluable over your career.

On the other hand, anyone not willing to put in this specific sweat equity, will ultimately be robbing themselves of valuable experience and might not be right for this industry in the first place.

I truly hope this helps.