Wholesaling in New Jersey

[Anthony Sanzari]

I would like to begin wholesaling in New Jersey. Can any experienced wholesalers give me some advice on how to get started?

[Jonathan Greene]

Your question is too open-ended. Like nuts and bolts or philosophy or practice? Because you are licensed, wholesaling comes with many more hurdles to watch out for, including ones at your own brokerage if you plan on doing wholesale deals where you get paid directly, outside of the brokerage. Generally wholesaling requires two things - buyers and properties. If you have investors as clients, you need to find properties. You can do that via direct mail to targeted lists, driving for dollars, and many other methods, but all must be done with care since you are licensed.