All Forum Posts by: Kelly A.

Throw 2 ads on CL...

one for retail

one for cash buyers

hint: word them differently

although i'm thinking you would not be wholesaling to retail

so if you're strictly wanna wholesale would probably be best to sticking to cash buyers

or you could do Lease option (sandwich style... this would be a wholesale

-Kel (don't quote me on every single thing... i have knowledge but not a whole bunch exper

I think you wanna start in your area and see how many cash sales there are? (you can ask realtor to run that report for you)  Gradually branch out (like a radius) into other markets. Cash sales are a great way to find out a good wholesaling area.  Lots of cash sales = lots of investor activity. 

-Kelly

I've heard you get better response rate the more times you send out to the same people. So maybe the 4th, 5th, 6th, etc... you get better response rate. A trust issue perhaps... people are getting letters from multiple people... how would you choose who to go with. The one who is consistent very well could be the one who stands out/wins.

-Kel

First I like to mention I have training in wholesaling but not alot of experience in wholesaling. Although I've done fix n' flip, buy & hold. So you may want to verify anything I say.

If your really want to Keep It Simple you can have your realtor do all the work for a flat fee. Then you don't have to worry about anything. Just let him know all what you want him to do & for how much. I like him to take pics, etc.

Do you have assignment contract? If so then I believe you would line up a buyer, have them sign the assignment of contract & then take both contracts to the title company. Also if you're not using a realtor I believe you can have a r.e attorney handle a lot of the 'heavy lifting' instead of realtor. 

If you get in the habit of leveraging (assuming you have a little $ to spare) you will save a boat load of time freeing yourself up to do the higher end tasks.

Kinda like driving a car... do you need to be a mechanic to build it and or maintain it. You can if you want. But you don't have to.

Best,

Kel

Matt if I come across some more properties that may meet your criteria. 

Can I contact you with the details as soon as they become available?

-Kel

Michael listened to your 'Daily Deal'recording, very impressive. May I ask who were the two ladies speaking with the seller? Are they outsource company you use or trained employees or ? Also would be interested in learning more about direct mail.

Thank you for sharing.. so far I have been doing my own 'lead sheet' calling but would rather have someone else do it.

Their negotiation surprised me a little too but made more sense as I listened to the end.

-Kel

Charles yes would definitely be interested...

Thanks for replying on my post.

I owned a triplex a few years back although it needed a lot more work than I thought when I bought it. 

Please send details.

Thanks,

-Kelly