Wholesaling vacant homes

[Michael Hayes]

I'm starting out in wholesaling and just wondering what some of the other member's experiences have been with trying to wholesale vacant homes?  I have seen a couple of vacant properties here in Memphis that I am interested in pursuing, but not sure how much pursuing vacant properties differs from what I normally see. I plan on sending a couple of yellow letters to the owners since I was able to find their information on the tax assessors site. Can anyone share their experiences?  Problems that you have run into?  Has anyone found a niche in pursuing vacant homes?  Success stories?  Horror stories?

[Tim Ball]

Try to find numbers too.  A cold call works better than a letter sometimes from my experience.  Pretty simple pitch, "I was driving in the neighborhood and I came across your house and decided to give you a call to see if you had any interest in selling your house."  If they say no...so what?  Ask if they have any other houses that they would like to sell.  If they say no, then move on to the next house.  Plenty of deals out there.  Just got to put in the work to get them.  Hollar if ya hear me.