Wholesaling in competitive market

[Kenny Colato]

A close friend and I have been trying to find out first wholesale deal in Los Angeles. We hear countless stories that we cannot wholesale in Los Angeles because it’s too competitive.

We still haven’t gave up, and we’re not in the verge of giving up either. What are some tips that may be useful for my friend and I to succeed in at least one wholesale deal here, in Los Ángeles?

We have tried mailers, cold calling, hiring VA's, pulling crazy lists. Nothing has seemed to work as of right now. We've been using VA's for a month already and nothing positive has came back from that.

Our issue is filing motivated sellers anywhere. Finding off-market deals are really difficult to acquire.

It’s obvious that I won’t get a deal within a day, but I would like some tips from people who have overcame this barrier and have succeeded.

[Jim Pellerin]

My experience is most people don't answer. So I leave a voicemail, text them and send an email. Then I followup the next day and each day after for about 2 weeks until I get a response. It's all about the follow up.