Hurricane Florence: How Real Estate Wholesalers Can Help
Hurricane Florence just dealt a tragic blow to thousands of people in the Carolinas. Real estate wholesalers are uniquely well positioned to help. Here are just some of the ways you can be of service…
Giving
There are going to be many calls to give financially to those impacted by Hurricane Florence. Many people and business owners will need help for years. Just as there are many still recovering from Sandy and many other hurricanes over the last decade. It can be hard to know how to give and who to give through to actually make a difference, but real estate investors can also give of their time too. They can be there on the ground volunteering. Just be careful not to become a victim in need of help yourself.
Education & Sharing Knowledge
Aside from all of those with families members killed as a result of the storm and injured, tens of thousands of lives are in chaos, and they need information. They need to know what to to about the condition of their homes, how to keep their businesses going, how to stay out of foreclosure, how to survive financially when they realize their insurance company isn’t going payout, and how to sell a damaged home and find somewhere new to stay. These are urgent needs. Using your blog and social media can be a great way to play a very important role in helping them.
Offering Employment & Income Opportunities
One of the biggest and most urgent needs right now is income. Businesses are closed, their cash flow is interrupted, and people can’t get to work. That all trickles down to renters and property owners not being able to pay their bills. Providing the ability to earn, put food on the table and a roof overheads is one of the best things you can give right now. That maybe opportunities for manual labor fixing, cleaning and securing properties. Or it can be recruiting people as property scouts to connect you with distressed homeowners who want and need to sell.
Buying Homes
This is a delicate situation. Don’t be a vulture. Do step up and buy homes fairly and with care and sensitivity. Make reasonable offers, serve people kindly, and they will tell their neighbors. There will be blocks of business to be found for months.
Connecting Those Homes to End Buyers
Then it is just a matter of connecting those homes to buyers in the rest of the world. Domestic and international buyers are all hungry to put their money to work in US real estate, want rehab deals and rental property opportunities. Serve them up.
The Little Guys Have the Edge
While big funds may still have a lot of capital, they aren’t buying homes like they were in 2008. They also aren’t as agile and fast as small real estate investment firms and wholesalers. Armed with transactional funding there is nothing to hold you back from scaling in these markets fast. By tweaking and targeting Facebook and Google Ad campaigns, and with content marketing and email and SMS campaigns wholesalers can reach thousands of those in affected areas, and within just a few days.
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"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
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- Ericka B., Real Estate Investor, CA
