subject: Can I Wholesale Houses In My Town? [print this page] The answer to today's question is: Absolutely! YES you can wholesale anywhere there are people who own real estate. And that's anywhere USA. There is one all consuming factor that you have to keep in mind when considering wholesaling real estate, and that is:
"You are only looking for motivated sellers", PERIOD! That's the NUMBER #1 RULE of wholesaling! All other sellers are a waste of your time! This is because only a motivated seller is going to sell you their house on the terms that you need to make the deal work. The reason being, only someone who HAS TO SELL is going to sell you their property for 40 to 60 cents on the dollar! Does that make sense?
So, does your town, your city, your county, whatever, have within it any motivated sellers? The answer is MOST DEFINITELY! So it's just a matter of finding these motivated sellers and you will be wholesaling in no time!
How do you find motivated sellers? Well, you market for them using some of the following methods:
* Post cards mailer campaigns
* Bandit signs* Computer programs that find them for you (programs such as real quest)
* and many other methods, but you get the picture!
Motivated sellers are everywhere once you know how to find them!
And then all you need to do is find a few investors who wish to purchase the GREAT deals that you put under contract with these motivated sellers! You then market to find these buyers just like you did to find the motivated sellers!
For more FAQ'S about real estate wholesaling check out: www.WholesalerSmarts.com
