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Updated almost 2 years ago on . Most recent reply

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May Thompson
3
Votes |
9
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Real Estate Investor Enthusiast

May Thompson
Posted

Hello! My name is May Thompson. I am very new to the real estate realm and now gathering all the information I can learn. I am a mom of two boys. I homeschool and do a side business as a cake designer.  I am interested in stating with wholesaling or invest in a rental property for short term leases. I am very eager to start though not knowing how to do it with limited budget. Any advice would be appreciated!  

Most Popular Reply

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324
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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
780
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324
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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
Replied

@May Thompson Welcome! Wholesaling is low barrier to entry and extremely competitive. I wholesaled for 6 months making 100+ cold calls a day. Only ended up with one contract. It's not really REI and more of marketing.

What I'd recommend, is network on here and locally. Wherever you're trying to buy. That way you can find deals, partners, and anyone you may need on a team. Personally, I found all strategies more appealing than wholesaling. 

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