Joining a wholesaler's list of buyers?

[Omico]

So, after looking at MLS with my realtor to find deals, I have not come across a decent property with the right numbers (according to the 50%).  My strategy is buy and hold using the 50%.  Would being on a wholesaler's list of buyers be a good way to get good deals?  This would be my first property - owner occupied with FHA loan.  Please let me know what your thoughts.

Thanks!

[REIRNY]

Hi,

    Yes wholesalers come up with some great properties that can be great deals.

               
                REIRNY

[matt-gerchow-real-estate]

try and get on every wholesalers list possible.

great way to do this is to call on all of the "we buy houses" signs that you see out there.

You can even wholesale between wholesalers if you are savvy enough.

[TaxLienGuru]

So, after looking at MLS with my realtor to find deals, I have not come across a decent property with the right numbers (according to the 50%).  My strategy is buy and hold using the 50%.  Would being on a wholesaler's list of buyers be a good way to get good deals?  This would be my first property - owner occupied with FHA loan.  Please let me know what your thoughts.

Thanks!

You should be on every wholesalers list you can find. Not just for the deals that come your way but for the networking opportunities. 

[Omico]

Thank you very much for the advice.  I have already joined a few wholesaler's list, including a guy I met at my work place that owns and operate "We Buy Ugly Houses". 



Yia

[Dwaynex]

I try to join as many as I can and I even advertise some of my deals on other people's site. Joing a list is a lot better than looking on CL for deals or calling "motivated sellers" who want to sell there house at market value.