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Updated almost 5 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Vanessa Rojas
  • Round Rock, TX
2
Votes |
9
Posts

Wholesaling, Bottom of the Barrel?

Vanessa Rojas
  • Round Rock, TX
Posted

Hi Bigger Pockets community! I am an aspiring real estate agent and investor, currently taking classes to get my license in Texas. I was recently approached by an old friend to help with her wholesaling business since she's caught up with a traditional 9-5. She's offering 40% of any assignment fee. Seems like a great way to make money while I'm studying to earn my license. My only hangup is this, a few RE agent mentors I have, have advised me to stay away from wholesaling and wholesalers. Since, the business goes against an agent's fiduciary duties. Should I be concerned since I hope to be an agent in the next few months? I don't want to shoot myself in the foot and earn a bad reputation before I even begin. Or, is this a great opportunity for me to meet investors and supplement some income while I'm at it? Thanks in advance!

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