Getting started in wholesale - how many buyers did you have on your list

[Account Closed]

Before you got started wholesaling, how many buyers did you have on your list? At first, I want to wholesale only, then buy the properties myself for rehab and selling to the retail customer or those looking for a property to live in.

Im a newb, but ive been doing my homework. Ive done the following:
- researched my area, learned the streets etc
- joined a local REI / network group
- added 3 investors to my buyers list
- got my signs ready
- researched the good places to place the signs.
- got my website up and going.
- made contacts with a local title company

Am I ready ?

[Scott M.]

Well - one glaring thing I see missing is what your going to do if you find a home - put it under contract and can't move it - meaning you need to buy it.

if your doing REO's you have to buy it or lose your EMD - if your doing a private deal your contract should be written to get you out of it....

But having the cash to do the deal yourself - or an out - it key.

other then that go get em! Nice job!

To answer your question I didn't have any buyers when i started - maybe not the brightest move but it all worked out in the end :)