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Updated almost 6 years ago on . Most recent reply

User Stats

102
Posts
84
Votes
Jarrod Frankum
  • Wholesaler
  • Lubbock, TX
84
Votes |
102
Posts

Just got my license!!

Jarrod Frankum
  • Wholesaler
  • Lubbock, TX
Posted

Hey everyone! I just wanted to share with you all that I just got licensed in Texas! I shared this at the REIA meetup and everyone congratulated me. I feel like this was such a huge step for me. I feel that it helped prove that I mean business with RE. I am planning to begin wholesaling here via driving for dollars. I just sent out a 149 letter campaign and am now negotiating a deal with a motivated seller! :D

I am in Lubbock and am wholesaling to raise enough capital to begin B&H

Taking action is what matters.  Small steps at a time will lead to big change.  

Are there any other licensed wholesalers in Texas who have some tips for me to expand my business?

I was encouraged to begin looking at finding ways to establish a line of credit.  I do not own my own home and am a college campus minister. My *salary* only allows me to tinker with about $200/mo in marketing atm.   Once my first wholesale deal passes, I intend not to eat the profit, but roll it straight back into my business.

I am considering a few things.

1.setting up an S-corp (or LLC taxed as an S-corp?) I need to do more research.

2. building a website (thinking of using oncarrot/fiver)   Any recommendations?

3. Learning Podio for CRM  -  I have been told there are some preset podio packages available.  Any recommendations?

4. Business Cards -  This is a priority for me.  - any recommendations on design for handing out to potential bird dogs?

thanks again everyone for your continued support/encouragement/advice

  • Jarrod Frankum
  • Most Popular Reply

    User Stats

    1,193
    Posts
    968
    Votes
    Jim Cummings
    • Residential Real Estate Broker
    • College Station, TX
    968
    Votes |
    1,193
    Posts
    Jim Cummings
    • Residential Real Estate Broker
    • College Station, TX
    Replied

    @Jarrod Frankum. Lean & Slim for expenditures at this point. 

    Check out VistaPrint.com for business cards. I'm not a wholesaler, never have been, don't intend to be, but I would skip the website at this point, and put my money in mailers, etc to generate leads. 

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