Have you ever been fishing when the fish just weren’t biting? During those times, it doesn’t matter what you are using for bait.

When they are biting, they will bite on just about anything.

Finding deals to do a wholesale flip is just like fishing. You have to be smart about the places you choose to go fishing for wholesale deals.

The right type of fish is a motivated seller. Don’t try to get wholesale flip deals from someone who has a nice home in a nice neighborhood with nothing motivating them to sell quickly. That’s not the right type of fish.

The right type of bait is the promise that you can buy their home quickly for cash.

One of the best ponds to go fishing in for motivated sellers is craigslist. I like this pond because I catch fish there all the time. I’ve actually used it recently within the last few months to make about 5,000 dollars on a wholesale flip. Craigslist.com is a where you can place free ads for your home city. It has a category for real estate.

Watch this video to find out more about that:

As soon as you get done reading this blog post, what I would like you to do is get onto craiglist.com, go to your city listings. Find the real estate section. Use the simple headline, “I buy houses in [your city]“. State that you could that you are looking to buy houses at a fair price, that is doesn’t matter what condition the property is in. Say that you want to make them an offer, and put a way for them to contact you. Simple as that.

You may not get your telephone ringing the first week you place this advertisement, but you know it does get you some calls.

The secret is to hang in there. Don’t just put one advertisement and forget to do it over and over again. Put an ad up at least once a week. Put a reminder in your calendar.

That’s just one example of one pond where you go fishing for motivated sellers.

Do you have any other favorite places to find motivated sellers? Leave a tip in the comments.