Newbie/Wannabe Wholesaler with a slew of Questions.

[Gary McKissick]

Hello bigger pocket community, 

Ive been reading about real estate for a year or so now and have been looking at this great site for some months.  Now I am ready to take the next step.  With little to no start-up cash I revamped my business plan and realized wholesaling is a good option to start with (although a lot more work than originally anticipated).  

My biggest questions regarding wholesaling are below. I understand the basics of wholesaling but now I'm trying to figure out the how and the finer details.

1.) Rehab costs:  For someone who knows very little about this subject whats a good way to get a grasp on the potential rehab costs for a flipper when trying to get a property under contract?  Books? Articles? etc?  Or is it just something that takes time and real world experience to master.

2.) Marketing

Yellowletters: Looking at templates whats all associated with getting yellow letters, do you just get sent x amount and then you have to mail them out, or do you give them your various lists and they mail the letters for you.  Estimate on costs per month?

Building lists:  Use something like listsource/property radar? Again estimate costs, or would digging through county records be the better choice, or possible both?

Those are my two biggest questions as of right now but I'm sure others will follow so any information that one can think of would be beneficial.

Since I'm here I would love to start to network with some of the investors in Denver who are getting positive results.  Wholesalers, flippers, buy and hold people, etc.  Need to start building a buyers list too and would like to talk to the wholesalers or people who know some wholesalers to find out what works/what doesn't in the Denver market.  Rather it be a 5 minute conversation or a potential budding professional relationship anything would be greatly beneficial.  Thanks in advance and PM me if you would like to chat.  Have a good day everyone.

-Gary McKissick