Wholesaling Contracts (Under Contract). How do I get buyers

[Kalid Ham]

Hey Guys

I just wanted to say I started wholesaling two weeks ago and after tons of cold calling , I officially have contracts but the one question remain how do I find buyers in Georgia. 

[Jeremy Johnson]

Quote from @Kalid Ham:

Hey Guys

I just wanted to say I started wholesaling two weeks ago and after tons of cold calling , I officially have contracts but the one question remain how do I find buyers in Georgia. 

There are as many strategies to find buyers as there is to find deals, so it is going to be more of what your available time and skills are. I will list a few options below, but the TLDR version is I may be able to help you with the Dispo side depending on the deal structure and comps. Send me a message and I'll shoot you my number and we can get on a call and discuss the deal you have locked up and see if it works for my network of buyers. I got a relationship with a very active flipper in the Atlanta GA area, and a partner that does full time dispo for wholesale contracts.

Online sources like Craig's list, Facebook Marketplace, or local Facebook Investor groups can work, but its like a shotgun blast. You have to post a TON to find a suitable buyer. This works pretty well though as long as you actually have a good deal locked up. Many times I see wholesalers trying to sell deals at 80 cents on the dollar, and right now, this doesn't usually work. They need to be around 60 cents on the dollar ARV.

Go to local investor/BP meetups and network with buyers of W.S. properties, these are typically Fix N Flipper's, Local Contractors, or just a buy and hold investor looking for a great deal that they can reno and keep.

If you don't want to deal with the dispo portion of it at all, you can network with other investors that focus specifically on the Dispo. Again, networking is going to be key to this.  

Alternatively, you can sometimes sell the contract to a company like New Western, KeyGlee, Homevstors, Happyinvestor, etc. You won't likely get large assignment fee with these groups, but they can work for specific properties. You will need to network with them and get their information for each company.

You can sign up for Investor Lift and gain access to their network of buyers, and then start marketing to them directly. HOWEVER, this service costs around $500/month for the basic package, or $1K or $3K a month if you want access to their buyers list.