Craigslist Wholesaler Advertisement Help

[Cody Evans]

Hi guys and gals,

I am now in the business of wholesaling properties so I can build up experience as well actually doing something pragmatic so I don't get analysis paralysis while gaining capital  for my first rental property. 

I am driving for dollars and creating a buyers list. I want to put an ad on craigslist stating as a subject line "Wholesale real estate deals at 70% ARV" with a short ad explaining I wholesale deals with that criteria so people are interested. I need to know which topic I should post it under.

Thank you, This will be a great deal for investors that work with me as well as a great start for me.

[Jay Hinrichs]

couple things and again not to throw cold water on your idea.

you are going to find it quite difficult in the north bay to find homes as cheap as your talking about.

but that said.. get PROPERTY RADAR and use that app.. its critical.

when vetting a buyer ask them for the last 3 properties they bought.. ask for address check public records and see if they actually bought them.. you are going to run into a whole host of flakes on craigslist that you had no idea existed.. daisy chains of guys like you with little to no money trying to do this..

On thing I would recommend is going to the trustee's sale at the county were you live.. and watch and learn.. those that step up and buy properties.. are one of two things.. they are either a buying service ( no help to you) or they may give you the names of their principals ( help to you) and or actually real time investors who have the cash to buy at the sales those are your targets I would not waste to much time on craigslist I would be down to the trustee sales building your list of buyers.  

It always amazed me that no one really did this in Portland I was the biggest buyer of foreclosure for many years in this market and no one ever came up to me.. if a bird dog brought me a deal of course I would have looked at it.. I won't deal with wholesalers on the internet though because I never met them and 99% have no idea what a deal is or what they are doing.. so total waste of my time.

good luck.

@Ryan Dossey  Ryan this guy really really wants to get into the game he has posted all over the place on various ways to bust in.. Maybe you guys can sinc up and you can help him with a very target direct mail campaign.. he says he has some money ...