The basics of co-wholesaling

[Patrick Philip]

I am new to wholesaling. I have a list of about 500 cash buyers from the local REI clubs, Craigslist, and various websites.

I don't have enough money for a direct mail campaign until March, so I am trying to co-wholesale. How exactly do I get started in this? Can I co-wholesale Craigslist properties? Which ones? Do I need to contact other wholesalers in my area and get on their investor list?

[Brian Flack]

@Patrick Philip You have got the right spirit and I love that! In my opinion, there many wholesalers in the market right now. Finding properties at a discount is the tough part. Finding buyers is not. Get out there and find a deal yourself! Tell everyone you know that you are looking for properties, talk to strangers even..., I have a few friends wholesaling in Florida. I don't think they would be interested in having you help them find a buyer...but they sure would be happy if you found a property and brought it to them. Jump in buddy, having money for direct mail is great...but if you dont have it, you are going to have to work hard with some sweat marketing. Maybe start with a small list...divorce, probate, evictions...something. Good luck!