Complete Noob Questions (Some Houston Specifics)

[Chesaré Johnson]

Hey, everyone. 

I've been learning about wholesaling properties and I am very eager to start soon. The training I've had access to through my job has been wonderful. However, I still have some very Noob-ish questions. I'm not a 100% noob - but I am a 50% noob, lol. I understand the process, but there are some areas I'm still not clear on.

1. Where can I find the most profitable area to invest in? Specifically where can I find this info online - Mobility is an issue at times.

2. Are the records in the Harris County Appraisal District website 100% accurate? I'm asking because I just looked up my apartment, and my landlord has been telling us our apt is 1000 sq ft, but in HCAD.org, it's listed as 770 sq ft. Looking at our place now and I'm thinking it's closer to 770...

3. JV deals vs deals that you do 100% on your own (find a motivated seller & a buyer yourself) - Which type of deal do you complete more often? Which is more popular? Obviously you make more money if you do it yourself, but in your experience, is it just more worth it to do a JV deal? I'm really on the fence about this one.

4. Without replying with a wall of text (lol), when you first began wholesaling, what was your best source of

• a - Finding motivated sellers
• b - finding cash buyers.

5. Any general advice for someone just starting out?

Those are all of my questions. I should also add that I actually work for a real estate investment website and I've been curious about wholesaling for about a year now. I just never actually tried my hand at it. After seeing the (relatively) easy it is to do some wholesale deals, I am very motivated to do some on my own. I have access to a few motivated sellers, plenty of JV deal opportunities and a good number of cash buyers. However, I do not plan on working here forever, so I need to get my system together.

Thanks in advance for your time!