I'm a beginner preparing to begin my steps towards wholesaling!

[Travis Hurst]

Hello everyone! My name is Travis Hurst, and i'm on the road to beginning my real estate investment journey!

The worry I have is whether or not I have taught myself enough to begin. To start with, the things I do realize that I need to research more is everything regarding paperwork like how to make a proper purchase agreement(I do know that I will have to deal with a title company in Ohio) and where to find a decent real estate attorney. I can find that out with a little more research, but my main concern is that I don't know enough about certain terms or details. 

I know all about the basics, for example terms like equity, expense, income, cash flow, escrow, appreciation, ROI, ARV, OPM,  and other things like that. I also know about marketing campaigns, ie. bandit signs, direct mailing, door knocking, etc. I just learned about the 70% rule and debt-to-income and some other rules of thumb.

All in all, what i'm trying to ask is, are there any important terms and/or concepts that I should really get to know before fully immersing myself into wholesaling? Are there any obscure things that I may be missing that might give me troubles in the long run? Have you heard the term you never know you don't know something until you know it? I am currently held up due to possible lack of knowledge and practice talking, and I don't want to allow myself to eventually get held up due to my fears.

Thank you for reading, and thank you for the help!

[Nicole Heasley Beitenman]

Start here: https://www.biggerpockets.com/real-estate-investin...

This will discuss how to navigate your fears.