Trying to get started

[Kahla Henry]

Hello everyone!!

I live is St. Louis, MO and my partner and I are try to get started in wholesaling and wanted to know what we need to get started? As for where we are well we are right at the start. He can do the heavy lifting and I can work the details. Now we are in need of advice on how to get started and where we should start. 

Much appreciated,

Kahla

[Justin Craver]

Hi @Kahla Henry

1. Education

2. Take action

A great resource for getting educated is through following other wholesalers and joining wholesale groups on FB.  One person I recommend following is Max Maxwell on FB and his group Wholesaling Houses Elite.  He has grown a ton in the last 2 years but even with that his group and youtube channel have tons of information and contributors. 

When it comes to taking action you have to figure out where your deal flow will come from. An inexpensive approach is through Bandit signs, but you will want to make sure they are allowed in your target market...if not they will likely be taken down quickly which could be a waste of $. Another option is driving for dollars. If you are going to do that I would recommend the Deal Machine app. Another way to get educated and take action would be to attend local REI meetups, they may even have wholesale specific ones in your area..You can network with other investors and likely find you the beginning pieces of your cash buyers list.

Take aways: Get on some wholesaling FB groups/YouTube channels, read the about wholesaling on BP, go to your local meetups, NETWORK, hunt deals, and OFFER.

Good luck!