Little about myself

[William Coppock]

My name is Will. I am 22 years young. I am looking to build capital at the moment through wholesaling. After I build enough I would like to get into flipping homes or maybe rentals. I'm extremely new at the whole thing. I am talking to a few different places to start an llc. But I don't know who to talk to about contracts or the process of things so I'm hoping to learn a lot here.

[William Coppock]

@Brian Chew:

I strongly believe it is. When buying a rental some things I would consider is how long will it take to get my initial investment back. Also while having a rental you have to consider things like how long you're going to hold the property. Short term is going to have less repairs than a long term ex. roof repairs, paint, and the ac are all things that might need to be fixed in a house you hold for an extended period of time. Also does the house need any initial repairs. A big one also is, if you can't buy the house out right, can you afford the payments until you get a tenant. Things like that need to be considered. 

At the moment with my current financial situation I can't out right buy a home. Wholesaling would provide capital for doing so. That way if i need repairs or have a vacant property I'd have a "cushion" for the potential problems. I don't have any rentals I just read a ton lol. So I'm sure there are things I'm missing or don't understand...yet.