A real estate wholesaler pays a local mail carrier to spot vacant houses and text the addresses. The finder's fee is 5% of the deal or $500 to $1,000 per lead that closes.
This is exactly how I got a mailman to go drive for dollars for me for free and send me leads without having to spend a dime. How you doing today, man? Good. Hey, I just got a quick question. So I walk around neighborhoods sometimes. I actually live in this neighborhood, but I look for properties that are vacant. Do you come across properties like that that you're able to see quite often? There's one, uh, 1436 Oakman. 14— okay, let me write this down. I don't know if it's caught up in a family trust or who knows. It usually happens. Well, have you ever been approached by like an investor that asks you like, hey, if you see an address that's vacant, just text it to me and I'll call them. I skip trace them, I call them, and if they sell, then I'll— I basically pay you out like 5% or certain— it's usually like $500, $1,000 if you see any. I don't know if that's something you'd be interested in. Yeah. Okay. Got his number. Comment for more tips on wholesaling real estate.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
