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Updated over 5 years ago,

User Stats

31
Posts
12
Votes
Jason Hammond
  • Wholesaler
  • Coeur d'Alene, ID
12
Votes |
31
Posts

Biting off more than I can chew?

Jason Hammond
  • Wholesaler
  • Coeur d'Alene, ID
Posted

I'm trying to learn how to wholesale (to start) and there is this amazing property. At one point it was a motel, and four houses. The motel was partially burned down, and 3 of the 4 houses have been broken into by vagrants. There was going to be a hotel built in it's place, that was set to be here, well, now. I do not know the reasons why ground hasn't even been broken yet, although I'm sure with a little research that information should be attainable. My issue: I'm new! Should I start with something smaller and work my way up to this type of property? That seems like the logical thing to do, however it seems like I'm wasting an amazing opportunity for lack of knowledge and acquired resources (investors, cash buyers, etc)

I seek advice from those that know more about this than me as I have yet to get my first deal. 

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