Driving for Dollars - Creating a Wholesaler

[Matt Bell]

I invest remotely in Montgomery, AL and have had a difficult time finding good wholesalers in the area.  I am considering recruiting a couple people to start driving for dollars, developing lists of properties that looked distressed, and helping set up their marketing campaign to target these owners.  In exchange, I would get a right of first refusal on any deals they find.  What do you all think of this approach?  

In full disclosure, I have never been a wholesaler who not sure I am the right person to teach someone but I would like to get some boots on the ground helping me find good deals to feed my flipping and BRRR strategies.

[David Bokman]

Driving for dollars is just ONE way of finding deals out of many different approaches. I would personally not put all my eggs in one basket....in your case...I would not pay anyone to drive for dollars or only rely on that method. The thing most people don't understand about wholesaling is that is a sales and marketing business.....marketing more than anything else. I always advice people who dont have that kind of background to not waste there time. I'm sure you can find some good wholesalers if you went to networking events and did a bit more digging around your area.  Just my 2 cents...