Wholesaling in 2021?

Question

Hey guys so I have been wholesaling the last month and am feeling stuck. I get leads from my VA but cant seem to ever make a deal go through. Right now I am scrapping list from propstream getting them skipped, calling and sending out SMS to them. I have been extremely consistent and have been trying a bunch of different things. Does anyone have any tips or advice on what I could be doing better?

Mainly focusing on NJ right now.

Thanks so much!

Mainly focusing on NJ right now.

Thanks so much!

Jerryll Noorden · Answer

Here is your flaw.

You said you are getting leads from your VA.

My question is.. what do you call a lead?

Someone that wants to see how much you offer in cash .. is NOT a lead!

Someone that wants to sell their house .. is NOT a lead

Someone that eeds to sell their house .. IS NOT A LEAD!!!

Someone that DESPERATELY OMFGDG (Oh My Friggin GAADAMN GOSH) NEEEEEDS to sell their house.... IS NOT A FRIGGIN GAADAMN FRIGGIN Lead!!

Let me skool you what a lead is, .. sit down son.

A lead is ANYONE that is willing to sell their house BELOW MARKET VALUE REGARDLESS the reason or motivation for selling!

It doesn't matter how many "leads" the VA (really.. a VA?! ... Dude I need to have a word with you when it comes to lead gen, buster...) gets you. You can not fabricate "motivation" when they are NOT motivated to sell.

So the next thing to ask to trouble shoot your issue... is... HOW does the VA get you leads? What are they doing to get you these so called "leads"?

Now lastly.. listen very carefully!

YOU friggin DO NOT let ANYONE handle your leads, other than YOU!! Lead generation is th elifeline of your company, anyone that outsources lead gen is  friggin insane and deserve to fail. Are you SERIOSULY OK with depending on someone ELSE to make you succesful?

ANYTHING else,  outsourse. Don't care. Lead generation SHOULD be in-house, ALWAYS.. no excuse no debate.

Proof?

Well..

1) WHo woudl work harder and more diligently towards your success... THAN YOU?!

2)your current situation is EXACTLY proof why I am right.

You are not having success and you can't possibly troubleshoot why, because you don't know what the hell the VA is doing... how, nor do you understand lead gen (if you did you would NEVER have a VA do it).

So my friend.. after scolding you... now I will help you.

• First, figure out a GOOD lead gen system. 
• Learn it, master it, BE IT!
• Get a solid track record of generating leads YOURSELF till you know through and through how, and why it works
• Then test, scale tweak improve it.
• Now you know your system is solid, you turn it into a system by writing EVERY step of the procedure on paper and test it again
• Now you can hire an employee and have them do that task, Teach them, make them understand the hows and whys and supervise them, always

This is what you need to do. Period.

Good luck, smoke signal me if you need more pointers!

Will Barnard · Answer

So you haven't been wholesaling the last month, you have been attempting it. One month is not a long enough time to get discouraged already, it can often take many months to get on the runway and complete a deal. It is no easy task.

Website with SEO, door knocking, driving for dollars, and direct mail are all options. I would suggest casting as large of a net as possible and stay consistent in your marketing campaigns. Adjust over time as you see statistical results (that you should be tracking).

Have you hooked up with any cash buyers yet? If not, you should get going on that now, not later and shop for what they want/need.

Dominic M. · Answer

@Joseph Thompson

I'm familiar with the market in NJ.

The issue may simply be how you're presenting offers because there are more ways then just cash.

[Solicitation Removed by Moderators]

Randall E Collins · Answer

Agreed on all the above posts. I only started 10 months ago, but have closed one deal and about to close another very large deal. And I'm doing it all online, no cold calling, no driving for dollars, no bandit signs and so on. Best resource is networking. As one person said it, your network is your networth. Try My House Deals.com, it's free, several listings for wholesale deals. And it's all about wholesaling. Same option here on BP "Find Deals".

Jonathan Greene · Answer

That's not a system, that's a waste of money and a VA. Anyone can do what you are doing and you are hoping to just hop in on a warm lead and close a deal with no experience? What type of lists are you mailing and what is your targeted approach? Are you saying quick sale for cash and do you actually have cash if you can't wholesale? You aren't doing anything novel so why would this approach work after one month. If you've never closed a deal and you have a VA you are doing things backward. You are trying to get rewards by doing minimal work on your own.

Joseph Thompson · Answer

I have a whole system in place already when i say VA I mean that they cold call my data for me (from propstream). From there I take over if someone wants an offer and wants to sell their house. I appreciate the response.

Wholesaling in 2021?

Most Popular Reply