Introduction of a newbie

[Joseph Thompson]

Greetings to all parties of BP my name is Joseph Thompson a newbie investor building my network in real estate. I'm located in San Diego California but not limited just to Southern California I plan to start here and branch out. Honestly i love the idea of training in one of the most competitive markets of America because competition creates a more ambitious approach to anything you desire to challenge yourself in. Wholesaling is my entry plan to build experience and understanding as I build more funds and resources to leverage in the field. So today i just want to say hello to all members of BP

[Steven Foster Wilson]

Hey Joseph, welcome to BiggerPockets! Wholesaling can be a great way to get started in real estate investing, as it requires minimal upfront capital. It can also help you build relationships with potential buyers and sellers. I would say that you should only do this if you are fully committed to it.

Connect with local investors, Attend local real estate investor meetings, connect with investors on social media, and reach out to real estate agents who work with investors. You'll mostly find them in groups nowadays. Focus on marketing, your primary job is to find great deals and connect them with buyers. This means you'll need to be skilled in marketing and sales. Even consider investing in a professional website, building an email list of potential buyers, and using social media to promote your deals. 

Crunch your numbers, you need to be able to accurately estimate the value of a property and the potential profits from a deal. This means understanding how to calculate repairs costs, determine ARV, and negotiate with sellers to get the best possible price. Lastly, be organized. Wholesaling can be a fast-paced and high-volume business, so it's important to stay organized and keep track of your deals and contacts.

Hope this helps. All the best to your real estate journey!