REI Deal Finders

How to Successfully Run A Virtual Wholesaling Business with Chris Logan PART 1


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In this game-changing episode of the Deal Finders podcast, we dive deep into the world of virtual wholesaling with industry expert Chris Logan. Discover the actionable steps and strategies Chris shares, from finding your virtual wholesaling location to closing deals and collecting assignment fees, all from the comfort of your home. Whether you're new to real estate or looking to add virtual wholesaling to your investment toolkit, this episode is packed with insights that will set you on the path to success in today's market.

Key Takeaways:

  • [02:10:11] Introduction to Virtual Wholesaling: Chris Logan shares insights on getting started with virtual wholesaling, emphasizing the importance of choosing the right market.
  • [02:11:10] Chris Logan's Journey: From no deals to over 600 through virtual wholesaling, highlighting the scalability and potential of this strategy.
  • [02:13:14] First Deal Anecdotes: Chris discusses his initial mistakes and learning experiences in wholesaling, offering a relatable path for beginners.
  • [02:18:02] Choosing Markets and Identifying Deals: Insights on selecting the right areas for virtual wholesaling and the criteria for identifying profitable deals.
  • [02:24:33] Finding Buyers First: The strategy of securing a buyers list before sourcing deals to ensure you know what a good deal looks like from the buyer's perspective.
  • [02:29:25] Sourcing Sellers and Making Offers: Utilizing tools like PropStream to find motivated sellers and the approach to making compelling cash offers.

Links & Resources:

  • PropStream: A recommended tool for pulling lists of motivated sellers and analyzing properties.
  • Caldwell List Company: For accessing the credit default list as mentioned by Chris Logan.
  • Social Media and Contact Information: Follow Chris Logan on Facebook (CLogan777), Instagram (@chrisloganrei), and check out his YouTube channel and website for more insights on virtual wholesaling.

If you found value in today's episode, remember to rate, follow, share, and leave a review. Your feedback helps us bring more content like this to you. Let's dive into the world of virtual wholesaling together and unlock the potential of real estate investing from anywhere!

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