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Updated over 11 years ago on . Most recent reply

User Stats

39
Posts
5
Votes
Nikki Jacob
  • Syracuse, UT
5
Votes |
39
Posts

Clueless, need advice

Nikki Jacob
  • Syracuse, UT
Posted

Hi everyone. I have been reading like crazy everything I can find and I really want to get going but I know I still have some learning to do. I was wondering if anyone would be willing to sort of walk through a typical wholesale deal. From finding the property to advertising to other investors to closing the deal? It still feels so...abstract. How does this work? I think I would like to pursue the wholesaling or flipping strategy, is this a good place to start for a beginner? I have no money to put into an offer, but I do have excellent credit for what that's worth. What books, posts, etc are recommended for wholesaling and flipping specifically? I'm anxious to get started, but I don't' want to make any costly mistakes either! Oh, and I have been thinking about becoming an appraiser to earn a little investing cash. Good idea, bad idea? Thanks for all the great advice you guys have already given!

Nikki

Most Popular Reply

User Stats

65
Posts
22
Votes
Jordan Meyer
  • Rental Property Investor
  • Lehi, UT
22
Votes |
65
Posts
Jordan Meyer
  • Rental Property Investor
  • Lehi, UT
Replied

FYI I recently got my RE license in Utah and it cost closer to $3k. $1200 to join the board of Realtors, $500 MLS, $650 for classes and $200 misc fees like for a supra key....You don't have to join the board, but that's how you get the supra key. It was all more expensive than I expected....lots of good advice advice above about getting experience

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