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Updated over 1 year ago on . Most recent reply
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Wholesaling to Fund Future Flips and Long-Term Investments
I'm excited to be entering the world of real estate and looking to expand my property portfolio gradually. Currently, I own a single rental property near Harrisburg, Pennsylvania. I've been contemplating a few strategies, and to accumulate more capital, I've decided to begin by wholesaling a few units. This will allow me to save up some money to venture into property flips and long-term investments.
I understand that this journey won't be easy, but I've already taken the first steps by initiating direct mailers. I believe wholesaling is a good starting point for me. In the worst-case scenario, I will gain insights into potential buyers in my area and can begin networking to immerse myself in the real estate industry. What's the best way to get into wholesaling?
I would greatly appreciate any wholesaling tips or advice you have to offer.
Most Popular Reply
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Hello @Branden Wintermyer,
I'd recommend starting to network with other wholesalers and agents that you could JV with if you don't have your buyers list. Also, start going to some of the local real estate meetups in the area to start networking with other people in the industry who could also be a buyer/seller for you.
I'm happy to help in anyway possible. I'm local to Harrisburg, and know the city like the back of my hand. I've done acquisitions/dispositions for other investors and myself.
Reach out with any questions you have.
- Travis Wylie