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Updated about 11 years ago on . Most recent reply

User Stats

24
Posts
2
Votes
Gary Dubovick
  • Real Estate Investor
  • Merrick, NY
2
Votes |
24
Posts

"Newbie" seeking advice

Gary Dubovick
  • Real Estate Investor
  • Merrick, NY
Posted

Heyy!! I'm a couple days old to this BP community and I love it. There is so much valuable info and helpful people.

Anyways... I am 20 years old and have decided that I want to be a real estate investor. I was recently involved with a network marketing company that encouraged self development. After reading a couple business books, I found that real estate investing was where my passion was. I work for the sanitation department and I've always admired houses for sale in my area (recently I have been guessing the prices of houses for sale while working, and then going home and researching to see how accurate I was). For the past month I have been educating my self on the industry and I want to begin taking action in the new year. Since I get out of work by 11am I've realized that I have an advantage over most people in real estate investing that work a J.O.B. in the fact that I have time on my side. I have read that it is best to start with one strategy and focus on that. I am interested in rehab flipping, but would like some opinions on whether or not I should start with wholesaling. Any input is greatly appreciated. Thanks!!

Most Popular Reply

User Stats

342
Posts
55
Votes
James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
55
Votes |
342
Posts
James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
Replied

@Gary Dubovick ….someone replied on here that wholesaling was an easy way to start. There is nothing easy about wholesaling. It takes hard work, perseverance and a no quit attitude. I have not done wholesaling personally, but from EVERYONE I have talked to the consensus is the same. It's just not easy, but it is possible to become successful at it…just set your expectations correctly…and plan for a long ramp up time as stated by @Joe Fairless .

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