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Updated almost 9 years ago on . Most recent reply

User Stats

60
Posts
10
Votes
Muhammad Saleem
  • Real Estate Agent
  • Stering, VA
10
Votes |
60
Posts

Motivated Sellers ????????????

Muhammad Saleem
  • Real Estate Agent
  • Stering, VA
Posted

First of all, Many many thanks to BP community helping me on each step and I m still in the game of wholesaling.

Now I need your wealthy advice about some most productive strategies to generate Motivated Sellers leads as necessary oxygen for my business. 

Every input 'll be highly appreciated please.

Most Popular Reply

User Stats

306
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211
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Alice K.
  • Investor
  • San Francisco, CA
211
Votes |
306
Posts
Alice K.
  • Investor
  • San Francisco, CA
Replied

Similar to what the others have mentioned--

I don't do this but have read a bit about it out of curiosity. 

Tips from what I've read in the past maybe one of these will spark an idea (You probably know most of this if you're really going down the wholesaling path):
* Keep your ears to the ground / look drive around (as was mentioned above)
* Put up signs (I hear in some places, this is illegal. I personally dislike signs, they just feel dirty and remind me of the real estate bust but apparently they work. Maybe I'm just jealous I don't have that sort of )
* Mailers (this can get super pricey, depending on your region it can work. Others have reported spending thousands and getting nowhere.
* Talk to everyone you know 

* Find a mentor and/or consider being their bird dog -- they'll teach you the ropes, or they'll try to sabotage you (or maybe someday you'll both get to fight over deals))
* Keep your actual job (you probably know this since it sounds like wholesaling is boom or bust)

* Look at databases of people who haven't paid their taxes.
* Make calls, and more calls, and even more.
* Be ethical and make it a win-win. 

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