Beginners - Wholesaling - Software/Training

[Juan Rodriguez]

Help! I just attended a 3 day seminar/infomercial with FORTUNE BUILDERS. I wanted to know if anyone out here started with this program or if you have anything positive or negative feedback/things to say about this system. I am a bit skeptical with their system so I wanted advice on them. I also wanted to know which software or training YOU might recommend for a first time Wholesaler. I want to get started in this business and your help would be greatly appreciated.

Also if you know of any apprenticeship style training for this. I'm located in the Miami, Florida area so I'm assuming its a great area to begin real estate investing. 

Thank you!

[Lucas Machado]

@Juan Rodriguez - re: software to do calculations...The math isn't the hard part - it's pretty simple actually. The harder part is getting and choosing comps. MLS is ideal, but if you don't have that, you can use Zillow or Reifax. I like Reifax because it also helps you keep track of your follow up as well, which is crucial in this business. Reifax also does a lot of other useful stuff - too much to name really.

re: mentorship programs "looking more to make money vs help out" - of course not every program or instructor is created equal, so there will be some bad apples that are just there to take your money...But even the good apples, you have to remember they are running a business. They need to make money in order to keep their lights on, and they make money by helping people do more business. If you join a program and don't do any business, they don't make very much money off of you. They need to charge something up front though, because they will dedicate time to you, whether you ever end up doing a deal or not. I was one of @Dave Dinkel's students, and I highly recommend him. 

But if you don't have the cash for one of those programs, or don't feel that you need to have access to someone that you can call throughout the day every single day, then learning through joint ventures is a great way to learn the business. For example, you could make friends with a wholesaler who is honest and knows what they are doing, come to them with a deal, and then you can work it together and split the profit. But to do that, you need a deal...So I'd suggesting spending the money you have saved up prospecting for deals. It can take a while to find a deal though, so don't spend it all at once...Marketing is something you have to do consistently over a long period of time, so stretch it out a bit, and constantly put more money into it as you can. In the meantime, while you are waiting for your marketing to turn into a deal, you could also prospect MLS deals - Reifax is great for that too. Once you get one, if you don't know anyone to help you work the deal, feel free to reach out to me and I'll help you out.

Godspeed!