A wholesaler explains how he spots neglected properties: overgrown lawns, outdated homes, visible disrepair. When he knocks, he asks if homeowners know anyone selling instead of asking directly, using a friendly script to avoid putting them on the defensive.
Chapters
Never know what you're gonna get. I'm looking for opportunities that looks like the properties need a little bit of work. That one probably could use some work. Let's go knock it. What I'm usually looking for is outdated homes, maybe taller grass, lawns that aren't taken care of so well. I also ask them if they know anyone so it's not so direct and they feel uncomfortable. Because if you just straight up ask someone, you're like, hey, are you selling your house? Might be a little weird, right? So I say, "Hey, do you by chance know anyone?" That's the way I rock. "Hey, how you doing today, sir? I'm just going around the neighborhood seeing if you know anyone that by chance is selling. I'm a real estate investor looking for properties to flip. Are you by chance selling? Have a great day. See ya." I thought that was great.