Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago, 02/26/2015

User Stats

4
Posts
0
Votes
Dennis Williams Jr.
  • Real Estate Investor
  • Southfield, MI
0
Votes |
4
Posts

Daily Task as a Wholesaler

Dennis Williams Jr.
  • Real Estate Investor
  • Southfield, MI
Posted

Hello BP Family,

To all the seasoned wholesaler that are making a living from wholesaling, what daily task do you do to make your business operational? 

As I am in my rookie year as a wholesaler(started in Dec. 2014) in Detroit, MI, I have done a mailing of 250 postcards to absentee owners(in/out of state) and have get "one property under contract" but the deal didn't happen because the "owner" didn't really own the house(long story-short he never quick claim the house to own it out right with the city). I then sent out another mailer of 500 yellow letters and have gotten a good response but the houses/properties are not even good shells to sell. As I have now changed my approach for my DMC, I now target specific zip codes in the areas that I know well. I have been listening to podcasts and going to REIA meeting if I don't have to work(night-time job), met some investors but not a lot of wholesalers to network with and discuss methods of real estate(mentor basically)

I will say that I do not have a strong buyers list as I haven't had any potential deals to offer. I obtain my few buyers from craigslist by calling the "we buy houses" or going to the housing wanted sections in my area and seeing what there looking for. I am working on meeting a realtor to see if I can have them pull a list from the MLS to see if any potential buyers are in my area that I want to target for my DMC.

The reason I ask the question "To all the seasoned wholesaler that are making a living from wholesaling, what daily task do you do to make your business operational?", is because I don't feel like my hustle or effort is working and I do believe in wholesaling and the service it provides to sellers and to the buyer. I definitely understand that it take time for the business to "show love back" but I wanted to know if from other wholesalers with experience and see if i am on the right track at all. 

Thank you and I hope that my question make senses!

Loading replies...