Yes... I'm seeking a mentor! DFW
Some of a deal is better than none of a deal right???… I want to bring in deals and learn the business from you in the process!
I can bring my own marketing budget/lead sourcing/buyers list to your network… You have the experience to help evaluate properties correctly, share insight on negotiations, and other aspects of REI... I have time and the determination to succeed!
I’m connected to the Lifestyles Unlimited investor group in Dallas… I’m a passive partner investor on a 444-unit apartment complex in Arlington and I have cash ready to invest in more deals.
I’m ready to answer calls, work with leads, view/evaluate properties, connect with buyers, and make deals happen.
I want you in my network, and I want to become a valuable part of your network as well.
Most Popular Reply
@Adrian Schlueter , I'm not a wholesaler but I've done some direct marketing. If I could offer some (unsolicited) advice, here's what I would say.
(1) Before looking for a mentor, I would simply start taking people out for coffee/beer/lunch/dinner and pick their brains about what they are doing and why. You may be surprised and stumble onto something that sounds more interesting.
(2) Wholesaling is, in my opinion, the hardest area there is to break into because you have to find the deals at the steepest discount so that there's enough meat on the bone to resell. It is also the area that requires a ton of knowledge and, if you don't know what you are doing, can trash you reputation very quickly. I see inflated ARVs and underestimated repairs all the time and my first reaction is to assume it's deliberate. Inadvertent mistakes in this area can make you look very bad very quickly.
(3) If you are really dead set on wholesaling, I would first hook up with a really, really good rehabber/flipper. They tend to wholesale stuff when they get overwhelmed and are generally doing their own marketing. You will pick up way more knowledge on the repair side, which I think is an area where many, many wholesalers are deficient. (So many wholesalers are either just guessing at repairs or basing their estimates on what others are telling them.)
Hope this helps.