Raytown MO

[Andrew Quinn]

From what I have heard, the Kansas City market is best for Buy and Hold. I am certainly interested in eventually obtaining rental properties, however I would like to start out with wholesaling to build some capital. I want to do this so that my company can pay for itself instead of needing capital contributions from myself. I have heard many things about how wholesaling should be left to those with the most experience as it can be very difficult. I am not denying this fact, however I do see some parts of wholesaling that can be easier/more beneficial. Regardless of which type of real estate I get into, the ability to market for and obtain my own leads is critical to me. I believe this can be learned through wholesaling. I also believe wholesaling is easier becasue it is exactly like a rehab minus the construction phase. I feel that if I do a few wholesale deals in my area that I can save come capital for further projects and see how the process works from start to finish as far as sitting at the closing table on both ends. Does anyone have any advice on wholesaling in the Kansas City area? I have done some driving for dollars and found a little over 30 properties that appear to be vacant. Most of them I believe are bank owned. I have tried to find the owners on the county website but I am still getting used to the site and am not very proficient at it yet. I am also working on a marketing piece that I plan to send out to these vacant property owners. Am I on the right track? What should I do next so I can speed up this process and feel like im actually doing something productive? Any help is appriciated. Thanks a lot BP community.