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All Forum Posts by: William Silva

William Silva has started 11 posts and replied 51 times.

Post: Getting Started in Wholesaling

William SilvaPosted
  • Posts 57
  • Votes 36

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!