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Updated 7 months ago on . Most recent reply

Account Closed
  • Fort Collins, CO
18
Votes |
37
Posts

Feeling Frustrated and Seeking Advice

Account Closed
  • Fort Collins, CO
Posted

I am feeling frustrated and trying to figure out my next step. I started in real estate as an agent in 2009 with Keller Williams. Let my license expire in a difficult time in my life. Took all the steps to renew my license this year. This time around I wanted to do traditional real estate and learn all all I can to work with investors and invest in real estate for myself. Have considered doing wholesaling as well. Hanging my license with a boutique real estate office that would embrace real estate investing and allow me to wholesale would be ideal. 

I continue to wait around on others to respond and want to get started on my real estate career and investing. Any advice you may provide me with these challenges is greatly appreciated. Thank you, Margaret

Challenges: 

Finding a boutique local broker that is or has an agent that would be a mentor for investing/wholesaling hasn't panned out for me. Some brokers don't want you to do wholesaling. Mostly, these brokers don't have the time or an agent to mentor me. 

I have looked into many wholesaling programs and they want anywhere from 5k-20K. Is it necessary to pay that much money? Is there another way to learn wholesaling and be successful? 

Most Popular Reply

User Stats

148
Posts
96
Votes
Dale K Poyser
  • Rental Property Investor
  • Laguna Niguel, CA
96
Votes |
148
Posts
Dale K Poyser
  • Rental Property Investor
  • Laguna Niguel, CA
Replied

It's not necessary to pay for coaching programs, but that absolutely helps to FastTrack the process. The major downside is you'll have to filter through a few scammers and fake gurus.

I recommend (on your own) doing as much research and legwork as you can. This will allow you to make more informed decisions,  as well as bring some value when networking for relationships.  

Don't focus on getting a mentor for now. Focus more on "being of value" to those you meet. As you focus on what you can do for others  opportunities will present themselves to you.

For networking try the biggerpockets Facebook groups , try meetup.com, the real estate rookie Facebook groups and any wholesaling groups you can find. Be present and participate. 

Read books, have conversations and after a while you will understand how the more successful wholesalers conduct their business.  


After a while you can quickly determine if and what wholesaling programs are right for you.


Good luck.

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