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Updated almost 6 years ago on . Most recent reply
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Just got my license!!
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
Most Popular Reply
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@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.