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Updated over 7 years ago on . Most recent reply

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12
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5
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Corey Kuhns
  • Teutopolis, IL
5
Votes |
12
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First time wholesaling

Corey Kuhns
  • Teutopolis, IL
Posted

hi, I'm new to the game and just been trying to start wholesaling. Does anyone have any pointers to help me out? I recently lost my job as the company i worked for closed up. I'm very interested in real estate but thought i would start with wholesaling as i have no money to invest yet. Any and all help would be appreciated. Im in illinois halfway between st louis and Indianapolis and wasnt sure if my own market would be better or maybe one of these 2 cities as im sure i could do better. Thanks, corey

Most Popular Reply

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2,041
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Brett Snodgrass
  • Investor
  • Indianapolis, IN
601
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2,041
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Brett Snodgrass
  • Investor
  • Indianapolis, IN
Replied

@Corey Kuhns I do have some Strategies on how to find Cash Buyers. I would do the following:

1. Look on Bigger Pockets and connect with folks that purchase in your area and see what they are looking for and then go shopping.

2. Go to your Local Investor Meetup and find out who is buying, find out what they want, and then go shopping for properties.

3. When you do get a Property under contract, Look up on MLS or other sites all cash buyers who have bought around that property in last 6 months and send them a flyer or a postcard of you, your featured property and about your company.

4. Network with Agents, ETC and find out who are the BIG investors in your area.

You don't need a lot of Buyers to have a decent business.... I would focus on getting to know the heavy hitter buyers who buy quite a bit in your area. Thanks, hope this helps.. Brett

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