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Posted over 10 years ago

How to Find Wholesalers

One of the greatest ways to get started in flipping houses if you don't have much cash flow is wholesaling. What is Wholesaling and Why you Need it? Basically, wholesaling real estate provides an opportunity for someone to build income with little capital or credit.

You are probably thinking right now, "That sounds great! Where do I find these wholesalers?" And since a wholesaler’s pure existence depends finding deals and their network of investors to sell to, you can be their key to this. Since they have connections they will have access to the deals and opportunities. Let's look at the tree main ways our team finds wholesalers.

Networking

Networking is everywhere. So it makes sense that you should be in networking, so you too, will be everywhere. Join your local chambers and building associations. There are also Realtor associations out there but make sure you have your real estate license first before you go showing up at their events. Many cities will also real estate investing (REI) meetings or chapters. This is a great place to meet other investor minded individuals that can pass along deals to you.

Social Media

social mediaFacebook, LinkedIn, Google+, Twitter... the list seems to be ever growing. Make sure you are making the most of your time on the social media sites. Facebook and LinkedIn are especially helpful in locating wholesalers as there are tons of them forming groups on said social media sites. All you have to do is put "wholesalers" in the search field and there will be hundreds of like minded individuals in groups looking for deal and buyers and wholesalers. LinkedIn also has forums and discussion groups that you can get involved in. There are also real estate investing sites that are just for investors like Bigger Pockets. Discussions, blogs and helpful tips abound on this site.

Craigslist

Yes Craigslist. It has gotten some bad rep over the years on people trying to find or sell some uh, slightly inappropriate items but it can be useful in your wholesaler search. Many "off market" deals can be found on Craig's List. Tons of homeowners and wholesalers are trying to sell their homes on Craigslist. Some of the best FSBO deals are just waiting to be scooped up. Make it a habit to check the real estate section daily.

To learn more about Part-Time REI visit us at http://part-timerei.com/

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