Wholesale?

[Johanna S.]

Hello I have been reading books from kiyosaki to shemin i dont know if they are good or not... But i got a lot of information .

They said the best way to start a real estate business is wholesaling any recommendations and advices?

We are in Miami.

Thanks! 

[Lucas Machado]

@Johanna S. - I think the best way to start in the business is going to be different for everyone - depends on what you have to work with, and what your ultimate goals are.

When I first started in the business I wanted to do fix and flips...I had some capital sitting around and I knew it would take a while before I put it all to good use, so I started lending it to other investors. After spending some time trying to find my own deals and not having any luck, I decided to learn wholesaling because wholesalers seemed to really know how to find good deals...Most of what I've done in the two and a half years I've been investing is wholesaling and lending, because that's just what made the most sense given what I had to work with and what my ultimate goals were. 

Wholesaling is low risk, doesn't require a ton of capital, but is very time intensive...So if you don't have a lot of cash to work with but have the time and the drive, then sure, wholesaling is probably a good starting point.