Meeting wholesalers in detroit

[Cameron Porter]

Hey I’m going to investor

Meetups and I’m meeting wholesalers. I’m just trying to see how to leverage them using my mls. How do i find off market for them 

[Gerald Harris]

@Cameron Porter If you're looking at MLS properties, try focusing on ones that have been listed for 90 days or more, or check out expired listings—those are properties that were listed by agents but didn't sell. Just know there's a lot of competition, so you'll need to stay consistent. If you're looking for a great way to find off-market properties with less competition is by using a method called Driving for Dollars. When driving for dollars, don't just focus on fixer-upper houses, pay attention to the vacant land lots that you will find.   It will speed up the process of finding no-competition deals faster.   For more details on driving for dollars, check out this article from BiggerPockets:   https://www.biggerpockets.com/blog/driving-for-dollars

[Cameron Porter]

I’m already an agent new in the game. So you’re saying I can wholesale property listed on the mls? I thought wholesalers only wanted off market. Whe I drive around here in Detroit there are several vacant land lots. So then what’s the fastest way to verify who owns those lots? Thanks for your insight. I’m just getting into real estate as an agent but I eventually want to be an investor. I will look into driving for dollars

[Drew Sygit]

@Cameron Porter no you can't wholesale off the MLS.

What you can do is research opportunities for your buyers.

There are always deals on the MLS if you know what to look for and have the time. You can also ID potential properties that seller may accept a price 10%+ below their asking price.

You should still have my calendar access link in the DM area here, so get on my calendar if you'd like to discuss more:)

[Savan Adeshra]

Quote from @Cameron Porter:

I’m already an agent new in the game. So you’re saying I can wholesale property listed on the mls? I thought wholesalers only wanted off market. Whe I drive around here in Detroit there are several vacant land lots. So then what’s the fastest way to verify who owns those lots? Thanks for your insight. I’m just getting into real estate as an agent but I eventually want to be an investor. I will look into driving for dollars

Wholesalers just want discounted deals. There are gems to be found on MLS too. and yes you can wholesale on market deals. @Gerald Harris
You can also do a double close if the agent or the seller is against wholesaling.
Double close is a process where you first close as a buyer and turn around and close as a seller, typically within 24 hours.
I am in metro detroit too. Feel free to reach out if you have any questions.

[Cameron Porter]

Thank you. I appreciate it. I’ll be in touch