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Updated over 10 years ago on . Most recent reply
![Warren Hemphill's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/217840/1621433985-avatar-warrendh.jpg?twic=v1/output=image/cover=128x128&v=2)
Nervous, scared, dont know how. Need help.
I am new to wholesale real estate, and i truly dont know how im going to make my first deal. I dont have mounds of cash to go to, have one car with a hard working wife, and to add to the chaos im a stay at home father, please dont laugh even though i just did. But, I have my reasons and those are medical so i wont get into that. To the point, Im in the first step, as in, im building my list of cash buyers. im ok with doing this, go to my local clubs here get to know people i can do that. Now, this finding houses is where im stuck. The good deals i see are mostly in rural areas. Although i have 2 or 3 cities i can easily drive to, but their are a lot right here where i am. Now, im in nc, which is very strict on its laws and i was thinking i should get my broker license first, but then i heard, that what im doing is ok as long as i have the right contract. An assignment contract. So, ok looked it up and got it if i need it. But like i said, the homes that are cheap are in rural areas, and their is a lot, but why is that. No one is buying. So i made a plan to drive to the big city and saw a few but i wouldnt know how to get in contact with them. And if i did what's the next step? This is the part where i need help. MASSIVE ACTION has become my favorite saying, but i just cant seem to make it happen. A little frustrated? Yep, but this is my only way to make a ittle money to help my family get ahead. Im passionate about it and im all about learning everything their is to know about wholesaling. And, one more thing, Keller williams wanted me to come in and talk with them. They are a big Real estate organization that is well known. Should i go with them or go at this the way i started?
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![Doug Merriott's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/166381/1621420771-avatar-doug_merriott.jpg?twic=v1/output=image/cover=128x128&v=2)
Hello @Warren Hemphill ! Welcome to Bigger Pockets.
Stay at home dad is nothing to laugh at. It is quite good to be there for the little ones! It actually puts you in a very good and unique position. You can write all the yellow letters you want while you help the kids with learning, playing, snacking, etc... Answering the phone might be tough. My office is in my home and my children are loud and rambunctious players.
First things first, listen to the podcasts, read up on the success stories of those that have succeeded in doing what you want to do. I think Aaron Mazarillo was wholesaling remotely.
If you choose to become a licensed agent then Keller Williams is a great place to go. Many Keller Williams agents are also investors. Our founder has co-authored 3 books about investing, what does that say? There are many ways to make money as an agent, including with Keller Williams, profit sharing. If you bring someone on board to Keller Williams and they put your name down as the person that convinced them to join then you get a fraction of their commission split. KW split is capped by the way, unlike some other franchises I interviewed with. Being in a rural area so close to Greensboro and RDU you have an awesome opportunity. You can sell properties locally and then market to areas you can get to in these two areas.
Best of luck to you and let us know how it works out for you.