Investing Strategies
Wholesaler Essentials: How to Find Buyers for Deals in Other Markets
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Recently I’ve been getting questions about selling properties in markets other than the place where the investor lives. (Sort of like long-distance selling.) This can be tricky.
The approach will be a little different since you’re not right there to contact buyers face-to-face, but the principles aren’t all that different.
First thing right out of the chute – if you have a genuine, bona fide, good deal, it won’t matter if you have one buyer or a thousand buyers. If you have a great deal and you get the word out there, it’ll sell. Period.
If the property has been hanging around for a while and you’ve seen no interest, this may be a big red flag that the deal is not actually a deal. You may have to lower the price. But if it’s a good deal, then you need to be thinking of as many ways to get exposure as possible.
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Steph Davis
started wholesaling in October of 2006. At the time, she had been stuck at a job bartending for the past 10+ years. She was broke and miserable, and desperately wanted out of the bar scene, which I had been stuck in for the last 10+ years.
She ended up closing four wholesale deals by the end of 2006.
Since then, she's closed more deals than she can count, has written two best selling wholesaling courses (Flip This REO and The Cash Buyer Ninja) and continues to teach others how to wholesale with videos, interviews, and as much useful information as she possibly can, because she knows what it’s like to be a broke beginner, struggling to get that first deal.
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