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Updated about 1 year ago on . Most recent reply

wholesaling/ virtual wholesaling???
Hello BP members I have some questions regarding wholesaling. So far the things I have heard about wholesaling are all negative and this bothers me mostly because I'm interested in starting my investment career this way. Here are some questions:
1. In order to get started, what should I do first?
2. How much does the start up cost?
3. Do I need a attorney?
4. Where do I get the proper blank forms/contracts from?
5. Do I need to start a llc?
6. How does virtual wholesaling work?
Any suggestions or information would be greatly appreciated.
Most Popular Reply

@Robert Duncan I am in the Birmingham Al market. I am a full time wholesaler. The first year I started I don't know anything about wholesaling. I put out 50-80 hand written bandit signs each week. I got calls and 3 months later I did my first deal for 5K. I took each step at a time. I didn't know who to sell it to or what attorney to use. I downloaded a free contract from The Flipman on youtube. After the contract was signed I started searching for a buyer on Facebook and craigslist. A buyer reached out and we used their attorney. I didn't have an LLC for the first 5 deals I did. Just start taking some kind of action. You will learn very quick. Message me if you ever want to talk and maybe I can help. Thanks.