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Updated over 9 years ago on . Most recent reply

User Stats

4
Posts
14
Votes
Wyatt Borden
  • Investor
  • Indianapolis, IN
14
Votes |
4
Posts

Beginning marketing budget for brand new wholesalers

Wyatt Borden
  • Investor
  • Indianapolis, IN
Posted

I want to get into wholesaling in Indianapolis. I've heard all the "gurus" talk about getting into wholesaling with no money no credit. I know it can be done from a buying standpoint, this is a business like anything else and it requires starter money.

What would you say is the absolute minimum one needs to get started? In other words, if you don't have at least blank, don't get started in wholesaling until you do.

Thank you for your help. I want to get started on the right foot and not become another wannabe that quits after two months

Most Popular Reply

User Stats

410
Posts
337
Votes
Karl Krentzel
  • Real Estate Broker
  • Tucson, AZ
337
Votes |
410
Posts
Karl Krentzel
  • Real Estate Broker
  • Tucson, AZ
Replied

You don't need any of your own money.  Of course, just like anything else... money makes things easier.  

Every home I've ever bought (with the exception of my personal residences) I've bought without the use of "Money" as you call it... other than EMD.

If you have money however, then you can accelerate your business if you place it in the right places.  For example.. not waste it on useless direct mail, and instead use it to get educated on sales and the career you intend to embark on.

Just my opinion.

k

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