All Forum Posts by: Tarrin Lilly

@Tarrin Lilly 

I do not do any direct mail for wholesaling, but will offer some advice from people I know who do market directly to home owners.  A stamp is basically $.50 cents.  To do a mailer to 100 people is $50.  To hire someone to hand-deliver your flyers or ads directly to the front door and leave them on the door-step is about $10 hour.  The average person does 1 house every minute.  This is not stopping to knock on doors, but just dropping it on the door-step or placing a door hanger flyer.   They can do those same 100 homes in 2 hours.  The cost is $20 and it is more personal and they are more likely to see it.  I know people who used to do direct mail, but now they use people to go door-to-door. Good luck! 

@Tarrin Lilly 

I wish I could answer but I'm not an experienced wholesaler.   Wholesaling YUCK.    

I have bought a lot of houses like a really lot of houses but have only wholesaled 2. 

Narrow your target to some sub group of the entire area. Absentee owners, out of state owners, properties in tax default, high equity properties. 

I would say detached are mostly preferred, I personally would not buy attached. 

I think most people would prefer a detached home. A rehabber who is flipping a home might prefer an attached town home because the repairs are likely to be less. Usually, the exterior is taken care of by the HOA, and you wouldn't have to worry about landscaping, roofs, etc. An experienced rehabber is still going to prefer detached, though. It's just an easier sell.

Is this what you mean?

Buyers are easy -- what they're looking for are deals where the numbers work in areas that aren't war zones (some are even happy to buy deals in war zones).

So, don't worry too much about talking to buyers...start talking to SELLERS.  That's the harder (and more important) part of this business, and until you start talking to sellers, you'll never make a penny...

When you find a good deal, let us know and we'll tell you how to get it sold very easily...

attend a local meetup or reia... listen to the pitches from people who have property to sell and those looking to buy. Find a deal and post it here in the marketplace and/or pitch it at a local meeting.  If it's a deal.. the buyers will find you. You need to get out and get local networking going. At the meetup last night @Ned Carey was discussing how he did NINE deals last year with people in that meetup.. thats how you build a buyers list.  You can do it!

@Ned Carey