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Updated over 4 years ago,
Is it time to star this venture?
I recently was laid off, for the second time, this year due to the coronavirus. I have two rental homes that do well and have been paying for themselves along with some other bills I own. I’ve been exhausted with my career direction and understand in need to continue a professional career, but am hyper motivated to learn how this will become my main source of income.
I'm more than open to learning, and am hoping others will find value in this as well, a strategy on how to begin wholesaling to build up a cash base to pour into the BRRRR method. I've inadvertently done this in the past here in the Charlotte area and know this is a great spot to start doing this.
Hoping to get recommendations on how to:
-Prospect homeowners
-the right conversation to have
-where are these lists? Or is this manual information?
-what an appropriate amount Of initial cash looks like
As I’m likely in the same spot of many other folks new to this, I’m trying not to overthink things. But need to have the basics covered.
Thanks in advance!!