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Updated about 9 years ago on . Most recent reply

User Stats

15
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15
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Todd Toback
  • Investor
  • La Mesa, San Diego, CA
15
Votes |
15
Posts

Biggest challenge, fear, or obstacle in your Wholesaling Biz?

Todd Toback
  • Investor
  • La Mesa, San Diego, CA
Posted

I'm curious to hear from both new and experience investors.  What is your biggest challenge, fear, obstacle in your wholesaling business.  How do you plan on blowing through it in 2016? 

I'd love for everybody to invest in this thread and I will do my best to contribute as best as I can.  

I'll share mine and my idea for tackling it in 2016.  Can't wait to hear yours.  

Most Popular Reply

User Stats

15
Posts
15
Votes
Todd Toback
  • Investor
  • La Mesa, San Diego, CA
15
Votes |
15
Posts
Todd Toback
  • Investor
  • La Mesa, San Diego, CA
Replied
Originally posted by @Jeff Amore:

@Todd Toback ,

For me, it's finding the motivated sellers in an efficient manner. As of now, I'm just placing ads online, which I know isn't enough. I'm in the midst of trying to create a website to bring in some leads as well, but that's taking some time. I'd like to do a direct mail campaign, but have no idea how to get a targeted list of potential motivated sellers (absentee owners, vacant properties, pre-foreclosures, etc.). I think I have enough contacts on the backend of this to be successful (contractors, realtors, cash buyers, etc.).... then again, I won't know for sure until I get that far. If anyone has any direction, I'd love to hear it!

 Jeff,  the easiest way to start is to get the list of tax defaulted homeowners in your county. You can also get a list from list source, which we do but going to the county (for the tax defaults) is the hottest list.  Be aware that you will most likely get a "this list does not exist" before you get a yes.  Prepare to hear "no" from 5 people before getting a yes.    Hope that helps!

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