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Updated over 16 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Chicago, IL
0
Votes |
43
Posts

Young Investor needs opinions on where to start.

Account Closed
  • Real Estate Investor
  • Chicago, IL
Posted

So I have been into real estate, well any type of investing really, since I was young. I really only started reading books about it, doing research and what not after i graduated highschool. My plan initially was to go to school to be a architect then flip houses once I got my career off the ground, but I only wanted to be an architect to get into real estate. So a couple months ago I came across wholesaling, and I love it. Now I currently have not done a single deal for i learned about wholesaling 6 months ago and tried to studied and research as much as I could to get to where I currently am. I believe I have enough knowledge to at least go out and try to get started, along with all the other real estate knowledge I learned since I was young. I didn't head back to school this year due to financial reasons ( I would still be going to school but I'm currently going broke cause of it LOL ) so my plan is to start out wholesaling, since I think this is a great time to get into the market cause everyone is foreclosing or selling as long as i can find buyers, then move into flipping them myself. Once I get enough cash from that move into condo conversions and try to take my investment company public. There is more info but i'll spare you guys the boring details. What I need to know is where exactly should I start for wholesaling. I am currently in Springfield, Illinois which the market for wholesaling, well let's just face it, SUCKS. So should I move up to Chicago, which can be expensive but I do have friends that live there so I can maybe work something out. I also heard that I could possibly do find deals online in other states is this possible or even a good idea. I have tried to put together deals so far and everything works out accept there are entirely no BUYERS down here. I haven't got a single phone call and i can only found ONE yes one investor. At first i was saying to myself I'm not trying hard enough but now I just think that investors hate this area HAHAHA. ( afters DAYS,WEEKS, MONTHS I GOT NOTHING) anyone have any ideas or advice for me. Thank you

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