Bridger PenningtonFund Launch & Investment Expert

Here's How to Find Your End Buyer with Wholesale Real Estate

23 Jan 2023 · 1 min

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0:36

In this brief instructional monologue, the speaker explains a buyer‑first strategy for wholesaling real estate. He advises reaching out to local real‑estate professionals and club members to learn the specific criteria that end buyers are seeking. By obtaining these buyer requirements, the wholesaler can then locate and lock up properties that match, positioning themselves as a reliable source for the buyers. The speaker shares a personal anecdote of earning a $5,000 profit while in college by finding a property that met a buyer’s exact specifications and flipping it to another party, illustrating the profitability of this approach.

Chapters

What's the best way to find the end buyer on a wholesale deal? When I approach wholesaling, I actually go to the end buyers first. I'll go ask people in my area that are real estate professionals, and a lot of them meet together in real estate clubs. I'll go ask them, what types of properties are you looking to buy? They'll then give me some criteria, and then I will go and try to lock up those properties for them. And oftentimes, I've actually talked to real estate buyers, they'll say, hey dude, I will pay you 5 or 10 grand if you find me the perfect property in this box. They give you the perfect criteria to go find these. So, in one of my wholesale deals I originally did, I went and found the perfect property, turned around and sold it to somebody else, and I made a $5,000 chunk in college.