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Updated almost 2 years ago,

User Stats

3
Posts
1
Votes
Garrett Donham
  • Real Estate Agent
  • Charles Town, WV
1
Votes |
3
Posts

Is out-of-state wholesaling a good option for a beginner?

Garrett Donham
  • Real Estate Agent
  • Charles Town, WV
Posted

Hello all,

I am a senior in college but have been in the real estate space for the last 2 years.  I am looking for ways to get started, and also ways to start creating good cashflow to fund my investments.  I am thinking about out-of-state wholesaling in the markets that I want to invest in. 

Does anyone have any advice when it comes to wholesaling? Are there specific things I should look into or avoid? I plan on creating a legit business with a legitimate business model, finding off market deals for a investors and then "wholesaling" it to them.  I have a really good grasp on the real estate industry as a whole because I was a real estate agent for the past two years.

I know there are a lot of issues with wholesalers, which is why I want to go about this the best way and still have it be the most effective.  It could be a long term business model, or it could just be leveraged until I have a high salary and a handful of units, any advice would be awesome! 

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