Good day ladies and gentleman,
I'm getting started in wholesaling and have some idea of what to do to get started but I'd like some input from someone who does 2+ deals a month.
I've been told that Automate REI will be used to generate a list of potential sellers. After I've acquired that list, I will use a 3rd party Skip tracer to get 2-3 phone numbers per seller. Next, I will send a blast text to all those phone numbers, not exactly sure which SMS software is the best, most cost effective but I believe I heard Batch can do the job (input here would be lovely!) Once I get someone interested in speaking, I will set up a time to speak with them to discovery pain, property, etc. Then make a fair offer. Once I get a property under contract I'll send someone to take pics using craigslist for about 30-40 dollars, I will again use automate REI to locate the cash buyers in that area and then again, send out a SMS to all the potential buyers with pictures of the property, details, ARV, etc. The gray area for me is once I have the contract, the buyer who I'll assign contract to, what title company do I use? Is there such thing as closing virtually? Do I send a mobile notary?
I'd love some input on the strategy I've written, how you can tweak it to make it better and any overall suggestions would be much appreciated. Thank you!