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Updated about 16 years ago on . Most recent reply

User Stats

86
Posts
2
Votes
Carl Kahkonen
  • Real Estate Investor
  • bainbridge, NY
2
Votes |
86
Posts

Need help looking for properties to wholesale.

Carl Kahkonen
  • Real Estate Investor
  • bainbridge, NY
Posted

How many different ways can a person locate good properties to wholesale.Are their a lot of wholesale properties out there.

Most Popular Reply

User Stats

26
Posts
10
Votes
Erick Gause
  • Investor
  • WESLEY CHAPEL, FL
10
Votes |
26
Posts
Erick Gause
  • Investor
  • WESLEY CHAPEL, FL
Replied

There are several ways of finding properties. My first suggestion is to join a local real estate investors association, just google and ad your city, so you can find a mentor or partner who has the same interest that you do.

Some basic methods of finding properties are:
1) Driving for dollars - Drive your farm area looking for vacant and distressed properties
2) Place adds in small newspapers or direct mail newsletters
3) Place adds on internet sources like craigslist and backpages or Use homemade bandit signs (batman buys houses etc.)
4) Other wholesalers
5) expire mls listings or FSBOS

Some more advanced methods are:
1) Working City Code Violations
2) Creating a Birdog network
3) Tenant evictions list
4) Tax certificate sales pre auction list
5) Bankruptcies/divorces

Of course you still have foreclosures and probates, but those are the norm and have heavy competition
Good luck
Big E

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