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Updated about 4 years ago on . Most recent reply
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16 Year old looking to get his first local deal
Hello Nashville, my names Eddie and I’m a 16 year old from Murfreesboro. I was recently introduced to wholesale about a month or two ago and instantly knew real estate was for me. Ever since me and my 17 year old friend have been learning as much as we could and trying to start on the path of success. We were takin in by 2 mentors in Canada who are Virtually investing in Georgia. We also were introduced about all the other ways to invest such as creative financing and all of that. My friend locked up a deal over the phone last week and I did yesterday. We have recently realized that maybe we should look locally since these mentors we are working for are using us as va’s basically and we know we are more than that. I would love to connect with anyone here who would want to work together or even just chat and talk. And we would love some advice on getting started here locally.
Most Popular Reply
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Dang Steve-o , you must have a lot of free time on your hands if you got this much time to bully 16 year olds on Bigger Pockets.
It's 2020 and you have to come to the realization that Jimmy Carter isn't president anymore. We live in a virtual world and there is a lot of business that can happen over the internet. I sign all of my contracts, that don't require wet ink, on my I-phone.
What these guys are doing is completely legitimate. Of course they aren't entering into contracts over the phone, but they are getting verbal acceptances and then passing the deal along to their partners in Canada that handle the rest. I used to do the exact same thing in SC, its a great way to get started and get comfortable talking with sellers. There are many people who do this type of work and it is often referred to as virtual wholesaling.
It kinda sounds like you are the one who needs to " learn a few things first". I would be glad to send you some links to some videos so you can educate yourself on the subject (this is how you add value to a conversation instead of useless BS, take some notes).
-BA