Starting out..>!

[Bryant Hamilton Jr.]

I look toward real estate like its my only and last option, and i wanted to start as quick as possible, wholesaling for quick cash, the 9 to 5 isnt working anymore, I dont get along with none of the managers so this is what ive been studying from the beginning of 2006. Recently i was tempted to walk away from the job, but earlier this week the manager and I got into it, so real estate is my way out.

I've posted a few posts already about starting out so I think I am going to end the start off asking...Is it true that the best way to learn is if you put your self out on the field? I think learning sometimes as you go is the way to go, we are both fast learners, also we have all the basics down and have the plan laid out, I think we are ready mentally also to get in the door of the Real Estate world. Wholesaling is what we are going to focus, any advice?

This website has given me the best of almost every aspect of real estate, I was wondering about any advice from people that have been flipping just starting and have been for a while. THanks

[Ryan Webber]

Properly structured, wholesaling can entail the lowest risk with the highest return that I have seen in real estate. The key to limiting your risk is to not buy anything.

I'm serious, don't buy anything. Atleast not until you have stabilized yourself financially. What I mean is to make sure that you have a contigency out in any contract you negotiate, and if you can't wholesale it, walk. If you can't sell a property in 30-45 days then either you bought it wrong or you aren't marketing it to enough investors.

I would also highly recommend you join your local REI club. Its the best source for local contacts and knowledge.