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Updated over 8 years ago,
Driving for Dollars - Creating a Wholesaler
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.