What would you do with $1,000?

[Ben Roberts]

Background...

I'm in Memphis Tennessee and I've done a fair amount of research, enough to know that I need to jump in already. I have a little knowledge of my market and a little knowledge of real estate. I have a degree in Finance and a background in Data Analysis, Marketing, and Sales, and I currently work for a REIT.

Plan...

I think my best move is get started wholesaling.  I love the marketing, negotiating, and analysis (of both deals and marketing campaigns). I have my personal finances in order ( emergency fund, checking, savings, monthly budget ), and I only have $1000 to get started.  I think my first move is to buy some business cards, setup a website, get a list, and send out postcards (since they appear to be cheaper than yellow letters). I'd like to put half my earnings back in to generating more leads, and half in savings to pay cash for my first rental property.

Expected outcome?

The way I figure, I'll learn a lot about my market, as I go.  I'll sell properties to other investors, figuring out who is really killing it and what they're doing.  Watch and learn from them while providing them value.   

Does this make sense to anybody? What would you do with $1,000?