All Forum Posts by: Duane Alexander

This isn't a secret among the wholesaling community. Realtors are a great asset to find cash buyers and do business with. Now if we can convince realtors and NAR that wholesalers can be their friends instead of the boogeyman that is stealing their commissions/ listing opportunities and deserve to be regulated to hell, maybe we can all get along here on BP.

Unfortunately you're not going to find many condo associations that will allow short term rentals in Atlanta. You're going to want to look for SFH's close to the city, which are highly competitive right now. You'll have to go off market for good deals on these.

Full disclosure. I am a wholesaler in Atlanta, so take my advice with a grain of salt. But here's my honest advice, as non-bias as I can try to be.

First. Skystone Acquisitions is a great company and is definitely legit. Hats off to those guys. I definitely respect their business. They are one of the best teams in Atlanta.

Second. ATL is going to be highly competitive rather you are looking on the market or using wholesalers to source deals. Realize that we all have big buyer's on our lists. Hedge funds and guys that flip 10-20 houses AT A TIME. You are competing against these guys when a deal hits your inbox. It can be frustrating as a newbie because these guys don't need to do the due diligence that you probably want to do, and do crazy stuff like buy sight unseen within 5 minutes of running their numbers.

My advice to you is what I had to do. I began, like you, wanting to find a deal to flip. I could not. I signed up to every wholesaler's buying list, and scoured the MLS for months looking for a deal. Deals were hard to come by. So I decided to source deals myself and get rid of the middle man. I basically became the middle man and started wholesaling full time but that's another story for another day. If you really want to find deals in Atlanta, I suggest you learn how to find direct to seller deals yourself. It's hard and a grind, but when you build and open up that direct to seller deal pipeline, you can literally do anything in real estate. Right now I have 9 houses under contract. I can wholesale them all or rent a few, flip a few, owner finance a few, etc. But it all starts with sourcing my own deals.

 This is a fact. Saturated markets have their pros and cons. Cons are that as mentioned it's very competitive. You have to really set your self apart and establish credibility even if you have never done a deal. This includes ordering branded polos, hats, knowing how to talk real estate, and being very professional. The pros of a "saturated" market is that this is where you will find the best buyers including hedge funds and the like. Your spreads will be a lot higher while doing the same amount of work. 

 Thread premise seemed fairly simple. I’ll be happy to answer any additional questions op or anyone else may have. I wouldn’t call it luck. I learned all I could and took action.  Really buckled down to study and master the game, read all I could before jumping in,, paid for mentoring (gasp), and a couple courses (super gasp), and completely jumped in by myself 6 months ago. Was able to retire my corporate gig after month 5. So yes it’s very real. Definitely not easy by any means, but is there any business that is easy to run? If I can do it any one can. I am no one special. 

I've made 100k in the last two months. I would say yes, it is real. 

what market is it in? If it's in a major market a hedge fund will buy it for higher than yet. DM me, I have hedge fund buyers in every major market. We can JV the deal.

What a time to be alive :)

 TRUST THIS MAN. Tim's company is running my PPC campaign and I don't know what they have done but the number of leads I'm getting right now is crazy for what I'm spending. After September I'll have 65k in assignment fees generated from my website since Wholesaling PPC started managing my PPC campaign since mid May. I've 5x'd my spend with them so far. 

Find a deal. The team will form around you then. Going to be hard to form a team without any kind of momentum or a deal in hand as a newbie. Agents and the like are busy. Trust me, I wasted time trying to form the "rockstar" team when I first started too thinking that the deals were going to be served to me on a platter. Boy I wish things were that easy. Take things into your own hands, do a ton of research, learn how to market and build a lead and deal pipeline. Then people will come to you!