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Updated about 22 hours ago, 12/20/2024
New to Wholesaling Real Estate Excited to Learn and Grow!
Hello, everyone!
My name is Jeison Avila, and I’m excited to join this community as I begin my journey into wholesaling real estate. I’m new to the field, but I’m eager to learn, connect, and grow with like-minded individuals who have experience or are also just starting out.
I’ve always been drawn to entrepreneurship, and wholesaling real estate caught my attention as a great way to build a business while helping others find investment opportunities. My goal is to gain a solid understanding of the process, master deal analysis, and ultimately close my first deal.
Right now, I’m focused on learning the basics — from finding motivated sellers to building a strong network of cash buyers. I’m open to any advice, recommended resources, or lessons learned from your experiences.
I believe that growth comes from community and shared knowledge, so I’m here to both learn from you and contribute wherever I can. If you have any tips for a complete beginner, I’m all ears!
Looking forward to connecting with all of you and being part of this journey together.
- Real Estate Consultant
- Mendham, NJ
- 7,306
- Votes |
- 6,390
- Posts
The most important thing for you to learn as a wholesaler is repair costs. If you are able to lock up deals and you mess up the repair estimate (like most wholesalers), no one is going to buy it and you will be buying too high. If you build a buyer's list and you send them deals where the repair costs aren't close, you will lose them. Everyone says to find properties and build a buyer's list, but neither matter if you can't calculate the repair costs and also get access to a friend or colleague who has MLS so you can do a proper and real ARV (the other part where all wholesalers fail). Good luck.
- Jonathan Greene
- [email protected]
- Podcast Guest on Show #667
Hi Jeison! Welcome to the BP Community! Here are some great resources for you to check out:
The Book on Estimating Rehab Costs
https://www.biggerpockets.com/forums/12/topics/862964-wholes...
https://www.biggerpockets.com/blog/rookie-241?utm_source=you...
Let me know when you get your first deal so we can bring you on as a guest on the Real Estate Rookie Podcast!