To make the task of finding profitable properties easier for you, listed below are some tried-and-tested methods of generating leads for your wholesaling business:
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Post ads online. Posting ads online is a great and fast way to reach your intended market with little or no cost at all. As we all know, many people use the Internet to find information. By taking advantage of the power of technology, you can easily send your message to your target audience.
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Run ads on the newspapers. Although people nowadays use the Internet to do everything, many individuals still rely on the morning paper for their daily info fix. So if you want to obtain properties from motivated home sellers, you should try placing “we buy houses” ads on the newspapers’ classified ads section.
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Put up bandit signs. This is probably one of the best ways to generate leads for your wholesaling business. According to seasoned wholesalers, posting bandit signs can get your phone ringing off the hook. However, you have to be careful when using such a marketing strategy because it is considered against the law in some cities or state.
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Hire birddogs. Birddogs are people who are paid to locate vacant houses in a particular neighborhood. If you feel that you don’t have time to scour neighborhoods for profitable properties, you can always let other people do it. For a small fee, you can obtain leads to houses that can help you make money real estate.