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Updated over 6 years ago on . Most recent reply
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New wholesalers, needing tips to get deals!!!
Hi,
I am new to the wholesaling investing here in Houston, Texas. I am a licensed realtor but I only got my license so I could learn more about the market. I recently started wholesaling about a week ago. I went driving for $$'s for the very first time and I got two vacant properties, I was able to track down the owners. I sent the contract and everything but the clients didn't sign it I am assuming because they wanted more money for the properties. Even though I wasn't able to close on those deals, I am very encouraged and determined to keep persevering. Recently, I have been driving for $$'s and sending direct mail to absentee owners and people who are behind on their property taxes as well as mortgages. Haven't had any luck yet. If you guys have any tips that would be awesome!!
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@Brook Wilson, great start, my first wholesale deal came from a letter I sent 6 month earlier so don't worry they will come.
Houston is a very competitive market and the key to success is not to give up.
One of my struggles was when I had a deal I didn't know how to sell (did not have a buyers list) and I want you to be ready for that now.