All Forum Posts by: Jason N.

In addition to Crexi, you may check out the following too:

1. CompStak
2. Trrend
3. Reonomy//Loopnet (I think they may be under the same Crexi banner)
4. Real Capital Analytics
5. 42Floors
6. TotalCommercial.com
7. CoreLogic
8. Reis
9. Costar

Great post. Being on the service side of things, I've seen many newer investors matriculate through to becoming property owners, landlords, and build full-fledge investors rehabbing multiple properties per year. I never understood the bashing especially if individuals are using wholesaling as an entry into the REI space.

Hey @Gene Hacker. Texting is legal. The caveat here is that your intent should be to purchase something from the person you are cold texting. If you were instead trying to sell them something then it wouldn't be compliant. The other part of that compliance conversation is that the software that you're using shouldn't be a robotexter. How you'd resolve that with a software tool is to have human interaction with the sending of each text; one click, one send; no automatic or scheduled sends. 

If you're using software that's a robotexter or if you are selling in a cold text (with no consent) then that's where the fines have come up, in my experience. If you do get a software, ask that company for a legal opinion letter by an independent TCPA compliance law firm.

Hey Brook, welcome! You have a running start because you have a buyer already. Your role as the wholesaler now would be to find the property that makes sense for you and your friend.

You can find off-market deals by driving for dollars (physically or virtually on Maps) or purchasing lists of distressed properties. Once you've done so, you can skip trace that lists to find the owners of those properties so you can text, call, email, mail, cold outreach or send RVMs to see if they are interested in selling.

From there you could place the property under contract and then sell that contract to your friend. 

There are tons of resources on BP where you can find out more about driving for dollars, skip tracing, list buying, contracts, and wholesaling. 

Hey Adriel, I don't know of any slack channels. Most of the groups for wholesalers and networking seem to be within Facebook groups. There are tons of them and you can find them based on niches or locations. They tend to be very active but you sometimes will have to sift through the post to find value - depending on the one you choose.

A lot of investors are still skip-tracing and calling prospects because it's still viable. It sounds like your background will only help you with this. What I see though is that they will often supplement it with other forms of marketing like SEO, texting, mailing, RVMs etc so they are not reliant on just one source.

I don't know about the validity of this company but I did a Google search for skip trace + Canada and the first result was Groupecho. You may be able to find other tools.

Here are a few great resources - https://www.biggerpockets.com/...

The cities of interest seem to be Louisville, Lexington, Shelbyville, Frankfort, and Bowling Green. It would be worth checking out these.

Outside of the bay area and LA, the markets in CA to consider seems to be Ventura County, Fresno, San Bernardino county/Inland Empire, San Fernando Valley, and Orange County. I'd recommend looking into these areas to see if it's viable for you.

You have an advantage because you are already driving around and so you can come across distressed properties. Skip tracing is the next step. You can do it one by one or you could do it after getting a list together. [skip tracing will help you find the phone numbers, email addresses, and mailing addresses, etc of the property owners. 

You could then text those owners manually. This is probably going to be the most effective method and you can do this without adding too much cost. 

At this point, it just a matter of having a conversation with your prospects and closing the deal. There are tons of resources here on how to have that conversation.

All the best