Wholesaling in small towns

[LaBlanca Ponder]

Hey everyone....got a question..Has anyone successfully wholesaled in a small town? Im currently living in a town with a population of about 25,000 and am planning on moving to a bigger city but my moving plans have kind of been put on hold for about a month and i want to go ahead and get started but im afraid i wont be able to do anything here..just wondering if anyone has had any experience and/or problems when dealing in a smaller area...

[Bill Gulley]

Hi, if you're going to change horses in the middle of the stream consider the easiest one in town to deal with. Now why is this elderly lady known for not being nice? Because she has had to fight with tenants for years. Why don't you make her life alot easier and approach her to buy all of her properties with seller financing, she carries the note, earns almost as much as she gets in rents, no collections, no repairs, sell and defer taxes on gains, she will love that! Tell her you have investors that will buy everything and allow the good tenants to have an opportunity to purchase their home. She will receive an income for life and her estate will not have to hassel with real estate. You can even transfer it all into a trust. You could make the old woman smile again! You might be cranky too if you had to fix hot water heaters and roofs for tenants who paid late! So, if you're thinking of changing strategies, instead of selling to her, buy her out! Bill