Looking for more real estate wholesaling leads?
There are many ways to find wholesale house leads today. There is one which is frequently overlooked and can provide some of the easiest to close and most profitable deals.
Leads for Real Estate Wholesalers
With the booming housing market investors are enjoying right now even the MLS can produce house deals to wholesale and flip quickly. Then there are bulk REO and note buyers that frequently have volumes of properties they hope to shed, as well as new software and list sources which help pinpointing off market prospects. Plus, it’s never been as easy or affordable to run inbound online marketing campaigns.
No wholesaler should be coming up short on deals right now.
Tap into Rehabbers
While there are plenty of sources of potential deals and lots of properties being floated and passed around as deals today, wholesalers still need to make sure they are contracting on house deals that really offer good spreads and are getting a good overall ROI, including their marketing.
This makes today’s house flippers and rehabbers one of the best and most overlooked sources of quality leads.
Fix and flippers are putting a lot into marketing directly to owners for deals. They are mailing, cold calling, emailing and running ads and signs. Most only end up being able to do a fraction of the leads that come in. Most rehabbers have tight criteria for the homes they will work on, and have limited capital and time to work on fixer uppers. That means they are typically left with dozens (if not more) motivated seller leads each month. Most just let them collect dust, because they don’t know what to do with them.
As a wholesaler this is your chance to step up and create more win-win-win scenarios. You can help the sellers actually sell their home, the rehabbers to monetize those leads and do more marketing and your buyers list to get more deals. Plus, you win too.
How to
There are a number of ways to tap into this lead source, including:
Responding to their mail pieces
Networking at REIAs
Pick up the phone and call
Get on their email lists
There are many ways to take down these deals too:
Visit job sites and make offers on rehab houses before the work is complete
Arrange to buy excess leads in bulk
Co-wholesale them together and split the profits
Take assignments and close with your transactional funding
Take live referrals on deals they can’t handle
If you aren’t coming up with all the deals and dollars you hoped to from wholesaling try tapping into this lead source.
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