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Updated almost 10 years ago, 02/23/2015
Wholesaling. Might be harder than I thought.
From what I have been reading a lot of newbies gravitate towards Wholesaling. I am certainly a newbie real estate investor. The whole reason I am here is because a read an ebook on wholesaling that i got free access to on my local library's webpage. After reading different things on here and the webinar on Thursday night about wholesaling, I think it might actually be harder than a lot of newbies might think. And certainly harder than the "gurus" tell you it is.
That being said, harder doesn't mean impossible. It just means you might need to spend more time learning, networking, building capital, etc. At least that's the vibe I have been getting from most of what I have read here on the BP forums.
So will I still gravitate towards wholesaling? Honestly, I don't know. I don't think I have enough information just yet to choose which niche in real estate investing would fit me best in the market that I am in. I think am way to new to say that I am definitely going to be a wholesaler, or a flipper, or a buy and holder.
My first goal is to really just start making friends with people in the real estate world. Hang out with them, learn from them. Maybe I even get to go walk some houses or something.
I'm finding out that this is definitely a marathon not a sprint. So I'm not quitting my day job (unless somebody wants to pay my bills for me...lol). I'm not going to spend a ton of money on TV infomercial "guru" crap. I'm going to just take it step by step and day by day. I'm going to be diligent in learning and meeting people that are successful.
So I think from one newbie to other newbies out there. Concentrate on learning and networking (aka meeting people). The rest...the deals, the money, and the success will follow.
*If I'm completely off base somebody please correct me...lol
**What are YOUR two most important things a newbie should do when they are just starting out?
-Greg Odom