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Updated about 3 years ago on . Most recent reply
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Wholesaling, NEW to real estate investing.
I am about a year into my real estate investing career in Lancaster, PA. I have one property and have been putting offers on others. After this second property I will need another source of income to continue my investing career. I have a full time job working over 50 hrs a week, I've heard all the great stories on wholesaling and how you can make thousands on one deal! I do have a few questions. I've done some research and I think I will try out Batch leads for skip tracing and building my lists. I have 3 investors I know and Facebook investing sites I think I could source deals to. But here are my biggest questions.
1st. Where can i get a good contract that has a "out" if i cannot find a buyer. Is this a thing? if so should i have a real estate attorney write one up? or are there good ones out there for cheap. being stuck in the deal without a buyer on day 10 is a scary thought.
2nd. I Noticed that batch leads is a little pricey. I know I could go drive around and write addresses down, but I will only have 2 days a week/ 3 hours at a time to do this, with my busy life style I think batch will probably be best because it already has everything integrated into their system.
3rd. when using services what works best? postcards/txt/cold calling/direct mail/posted signs.
4th. Is there someone willing to have a chat with me on wholesaling? we could do a call or talk through BP, a Local investor preferably.
thanks for any insight and always appreciate the education.