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Updated over 10 years ago on . Most recent reply

User Stats

11
Posts
2
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Danny Winters
  • Simi Valley, CA
2
Votes |
11
Posts

Want to get started wholesaling

Danny Winters
  • Simi Valley, CA
Posted

so I've been on the site for a month now and it looks like wholesaling is what I need to do. I want to start getting my ducks in a row, so I'm wondering about how to obtain a contract, do I need to see an attorney before doing this and what's the best way to find buyers when I do. I'm very new to this so type slowly and use small words ;)

Most Popular Reply

User Stats

205
Posts
112
Votes
Lamar Cannon
  • Investor
  • Austin, TX
112
Votes |
205
Posts
Lamar Cannon
  • Investor
  • Austin, TX
Replied

Danny Winters how's it going. The guys have given some awesome information. You seem like you are motivated and I have a feeling you will do well.

Here are some tips I wish I knew starting out.
-Networking is key. Use Meetup.com and Eventbrite to locate real estate investor networking events. Build up to networking at least 6hrs per week. John Fedro has a good post about that.

-Market Consistently. Choose a couple marketing strategies and stick to them for at least 6mo. Divide your budget by 6 and spend that amount on marketing each month. A lack of consistent marketing and switching up the marketing too often usually leads to a lack of deals.

-Write your goals down and review them daily. Among many other benefits, this will keep you on track and prevent minor setbacks from being discouraging.

-Get a mentor. Find ways to add value to people that are successful and they will help accelerate your progress.

You are going to do well. Let's hear some success stories soon.

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