Wholesale NYC, Long Island, Upstate

[Glen Knight]

Hi everyone. I have been doing some reading on BiggerPockets to get myself educated in the various types of investing that can be done with real estate, as well as talked to a few friends who invest, mostly doing flipping, and I think that based on my current financial status, wholesaling may be the best option for me.

The purpose of this post is to hopefully have a few questions answered, or at least point me in the direction I need to find the answers. I'm a young professional, and I moved back to NYC last year from Florida. NYC is my hometown and someplace where I'd like to start spreading my roots. 

My questions are:

Does anyone with experience wholesaling in NYC have any advice where to start?

What will I need to get started?

I apologize in advance if my questions are a bit general, but the amount of information is a bit overwhelming, and I'd like to talk to someone to help break it down for me.

[Esaul Viramontes]

I would recommend you join your local REI club. A google search should show you where your nearest one is. Also, listen to podcasts....especially the ones that fit the niche you're trying to break in. Good Luck and wish you the best on your future endevours!

[Jill DeWit]

@Glen Knight

NYC might be a tad more difficult and pricey but there are certainly great deals in less populated areas that are perfect for buying/selling unwanted rural land. (That’s what I do.) You can find sellers easily via direct mail and buy acreage for a few thousand dollars and start building up your bank balance and learning the business that way!

Good luck and please reach out if I can help with anything!

Jill

[Tyisha G.]

@Glen Knighthave you been able to experience success with wholesaling thus far?