7 Best Ways How to Find Real Estate Property Wholesalers in Your Area
This article will show you how to find a real estate wholesaler in your area as a home flipper or landlord looking for cheap homes to buy.
In most cases, investors try to find house wholesalers because they need their wholesale properties.
So let’s start with the way that allows you to first see wholesalers’ properties, and then contact wholesalers who offer the house you are interested in.
HouseCashin Investment Property Marketplace
If you are looking for real estate wholesalers to ask them about wholesale deals they have for you, it might be easier to first look at their deals.
HouseCashin investment property marketplace lists homes offered by multiple wholesalers to real estate investors throughout the U.S.
From the HouseCashin’s inventory, you can choose wholesale deals that interest you, and then contact wholesalers who listed them.
The marketplace also shows FSBO listings submitted by homeowners directly, as well as properties listed by investor-friendly real estate agents.
To see whether a property is a wholesale, FSBO or other type of deal, look at the labels on the preview pictures of each property.
Refine your search. Use filters to select your location (anywhere in the United States), deal type (“requires rehab”, “delinquent property taxes” etc), property type (single family, duplex etc), and other details.
When looking at a specific wholesale listing, you may find a more in-depth analysis of its investment potential calculated for you by the wholesaler: projected rehab expenses and potential profit for flippers or landlords.
Contacting wholesalers whose properties interest you is free on HouseCashin. You just need to create a free account.
Before we discuss other ways to find wholesalers, browse wholesale properties for sale on HouseCashin.
National Directories of Property Wholesalers
You may have heard of online business directories for various types of professionals such as Yelp or Google My Business where you can find the best service providers in your location.
Unfortunately, most popular directories don’t have categories specifically for real estate wholesalers. But there are two specialized platforms that do:
- HouseCashin directory of the best local real estate wholesalers
- Real Estate Bees directory of property wholesalers in your area
Besides wholesalers, you can find other categories of real estate-related vendors. HouseCashin offers a selection of vendors that could be used by real estate investors.
Real Estate Bees is a less specific platform created not only for investors, but also for any other type of real estate professionals.
Search on the Web
As you learn where to find real estate wholesalers, don’t forget that investors and wholesalers advertise their services to motivated sellers in the same way: “We buy houses for cash!” or “Sell your house fast!”
Even if they say “we buy homes for cash”, don’t assume that the advertisers are cash buyers. They may be property wholesalers.
A quick online search can be a simple answer to the question “how to find real estate wholesalers in my area?”.
Type the same key phrases as the ones you’d use if you were a motivated seller: “sell my house fast in [your location]”, “we buy houses for cash in [your location]”, and similar.
Probably the largest part of the websites being shown by a search engine for these key phrases will belong to wholesalers. Reach out to them and ask if they have deals for investors.
Another method is searching online directly for wholesale real estate. Use keywords like “wholesale real estate near me” or “wholesale homes in [your location]”.
This search will show you web pages on the wholesalers’ websites created to advertise wholesale deals to investors.
Real estate investing events are good networking opportunities where you can often contact reputable real estate wholesalers.
These include educational seminars, conferences, and real estate summits.
Large gatherings are typically held in larger cities, but if you’re in a smaller market, don’t overlook local versions of these events.
The best events for your purpose are produced by industry associations that focus on professional education and networking. These are attended by the real estate professionals you are looking for.
You’re not just looking for wholesalers. You’re also looking for others who can refer you to wholesalers.
Real estate associations publicize these events on their websites along with a convenient registration page. Look for events that will draw the top pros in your business.
Check to see if the organization publishes a list of attendees in advance. If they do, try to contact those whom you want to meet before the event.
Oftentimes, however, events are organized just to promote services of real estate investment mentors.
If a seminar looks like this is the case, and the audience is mostly newbie investors, you may want to skip it to save your time.
Real Estate Investing Associations
Real estate trade associations are a valuable tool for investors. They provide resources for industry-related education and professional improvement.
Trade associations promote the future growth of their industry and act as a source of information for the public and professionals alike. Associations are primarily non-profits.
One such organization, the National Real Estate Investors Association (National REIA), promotes the interests of a variety of real estate investors, including small and large residential property and commercial real estate owners.
Real estate trade associations actively represent their members to state and national legislators and lobby for their interests.
They are leaders in promoting the needs of the real estate business and its participants.
People who work in real estate interact with the public at various points as they conduct their business. It’s critical that they are viewed as professionals, the same as CPAs and real estate attorneys.
Trade associations have created professional training programs, designations, and standards to generate confidence in their members’ abilities.
Members of associations such as the National REIA and the National Association of Realtors (NAR) are expected to adhere to a Code of Ethics that was established by their associations’ boards.
Because investor associations attract the best in their field as members, they are excellent networking platforms.
The knowledgeable wholesalers that you are looking for can be found in the membership of real estate investor associations.
Many associations have established regional and local chapters. If you haven’t already, you should consider joining a chapter in your area.
You’ll improve your own education and training and increase your networking sphere to include wholesalers.
Local Real Estate Investor Clubs
Real estate investor clubs can be made up of a few or many people who will invest together or separately.
For this reason, investor clubs are often created for investors who are active in a particular category of real estate.
The networking opportunities are obvious. You’ll usually find investors with various levels of experience.
Beginning investors can learn from market veterans in a club setting. One of the things that you can learn from veteran investors is which wholesalers you should know.
You will find investor clubs in every good-sized city and most towns. Smaller clubs that are specifically created for group investing may be closed to new members.
After you’ve been at it for a while, you might want to start your own club. There are national organizations that can help with a plan for forming your club, including document templates and training.
There are no industry standards or rules for investor clubs. You’ll need to research local clubs to find the one that’s right for you.
Some clubs are organized with an emphasis on networking rather than investment partnerships. They may charge a fee to join. To provide more effective networking, they may limit the number of members.
Third parties who work with investors, such as private money lenders, attorneys, and CPAs, welcome the chance to speak before investor clubs.
This is an additional networking opportunity for the club’s members.
Wholesalers seek out investment clubs because that’s where their prospective clients meet.
Whether they are accepted as members or as speakers, investor clubs are a good way to meet wholesalers and the people who can introduce you to them.
The social networks that are most widely used by business people to network are LinkedIn and Facebook.
There you can join groups that are created for people in the same business industry or with similar hobbies, including real estate professionals and enthusiasts.
They discuss all things investing and look for partners for various projects: buying investment rental property, flipping, investing in crowdfunding projects, you name it.
Once you are on either of these networks, search for real estate investor groups, wholesaler groups, and house flipper groups and ask to join.
It’s possible to find investor groups that allow wholesalers to show available contracted properties to cash home buyers among the group members.
If you don’t have so narrowly-specialized groups for investment professionals in your target area, groups created for any kind of real estate pros will do.
Each group has an administrator(s) who decides if and what type of promotional posting may be done in that group. They may not allow wholesale deals to be posted.
Regardless of their rules, the members can see one another’s profiles so you can identify any wholesalers in the group.
Or, you can let the group know in a post that you’d like to hear from wholesalers and get up with them that way.
Posts requesting for a service aren’t considered self-promotion, so it’s unlikely that an administrator will block such a request.
On both platforms, it’s important to fully complete your profile and let users know that you are an investor. Regularly post that you are looking for wholesalers to do business with.
Veteran investors who are experienced in working with wholesalers should update their page with wholesaling transactions you’ve done and are doing.
When you connect with other real estate participants, ask for wholesaler referrals.
Both LinkedIn and Facebook encourage you to connect with other users. The platform generates a default connection or friend request for you.
Make sure that you write a personal invitation yourself instead of using their “canned” request.