Atlanta, GA · Member since 2016 · 41 posts · 19 votes
I'm an 18 year old, college freshman, looking to dabble in real estate. I assumed the best way to get started was to start with wholesaling (since I'm on a ramen noodle budget). I've been doing research for quite sometime & I feel like I'm stuck in Analysis paralysis.
I know the first step is to find a deal, but what comes next? Do I need someone else involved when trying to put a house under contract? How do I know what the ARV would be (are contractors expensive)?
Maybe I could find some deals (bird dog) & in return you'd take me through the steps...
Also I'm actively trying to network with ANYONE in the Dallas/ Fort Worth area. In addition, I know that you need to mingle with Realtors, contractors, Cash Buyers, etc... So if you're anyone of those in my area please feel free to PM me or leave a comment...
-Thanks in advance, Trey
Hello trey. Is sounds like you need some education. I buy and hold properties so sometimes I purchase from wholesalers but have done none myself.
Doing wholesaling is a social thing you are in contact with all sorts of people. I think that you will find the most value in networking with other investors. A lot of these type events will have other professionals at the events that will help you build your team.
There are two that I suggest currently on the Dallas side:
I think they meet every Saturday in Arlington. Haven't been to the group to know the structure and what they present, but another land lord that I talk to seems to think it is worth while attending it.