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Updated about 1 year ago on . Most recent reply

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Robert Burns
  • Wholesaler
  • Baton Rouge, LA
96
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471
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Finding Wholesale Properties!

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

My son and I have been working hard to find wholesale properties so we can assign the contract to cash buyers.  We have had some success but very sporadic.  We have tried various marketing methods and our focus has been on Direct Mail and SMS texting.

However even though we are getting some calls, all the properties are not stressed or needing work so we can get a low enough price to be able to wholesale.

So we are starting to believe the best way to increase our success in finding wholesale is "driving for $'s where you obviously find distressed properties because you are literally looking at them and then we can focus our time and effort on finding the owners. 

Most Popular Reply

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Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
4,038
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4,756
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Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
Replied

Nope, that won't work either.

You ar enot looking for distressed properties. You are looking for motivated sellers. One does not imply the other.

Everytime someone is having a hard time here, they start to troubleshoot but make complete random decisions based on absolutely nothing.

So DMM doesn't work, and cold claling doesn't work, SO... Driving for dollars MUST work.

That makes absolutely no sense.

When you actually start to troubleshoot WHY DMM and cold calling doesn't work, you will realize that D4$ won't work either.

You cna not target motivated sellers, because not even motivated sellers know they will become motivated 3 minutes before they became motivated. No one knows when anyone becomes motivated.

A distressed hoes does NOT in any way mean, motivation!

The way to get motivated sellers if for you to make it easy for them to find you, when they become motivated!

  • Jerryll Noorden
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SEO For Real Estate Investors
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