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Updated about 1 year ago, 12/18/2023
Beginner in Wholesaling wanting to learn the right way to get houses
I am new to wholesaling and was looking for any advice with contacting and finding buyers. Any website suggestions? Does the house always need to be distressed? How do you go about contacting sellers after skip tracing them, do you always cold call, direct mail, or email? Does the Do Not Call list and the act against cold calling or SMS messaging concern you when trying to contact buyers?
Right now I use propstream but haven't seen any houses worth reaching out for I used filters: 35%-100% equity, owner individual, and I'll turn active bankruptcy on/off depending on the results.
I also know I should be looking for distressed properties or at least properties that could use work with enough margin to get it below market where the seller and buyer isn't screwed but I also make money.
I lived in central Missouri and I was using Columbia as my first area but all the houses I found under my filters on propstream where 250k up to 380k with maybe 1-2 houses below that range and I can't tell if its worth it to try because finding a buyer for a house that expensive.