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Updated over 8 years ago on . Most recent reply
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New member from Georgia
I am in the Savannah area and I have a lot of interest in wholesaling real estate. I haven't went through a transaction yet because I'm still new with a lot of questions and still trying to figure out where to start. If you have any tips or comments please feel free to share them with me!
Most Popular Reply
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Melinda,
I second what Eric said, there is a TON of information on bigger pockets about wholesaling and almost every other part of Real Estate. That being said, if you want to wholesale I would focus on three things:
Learn to evaluate deals
-Find out the ARV
-Estimate Repairs
-Think of best possible use of property (SFR to duplex, or commercial etc. etc.)
Find buyers for your deals
-Auctions
-Craigslist
-REIA meetings
Find deals and put them under contract!
-Simple assignable contract
-Remember you are selling contracts NOT houses, as you are not a licensed Realtor
I am a local Rehabber in Savannah, if you want to add me to your buyers list I look for properties in Savannah and surrounding areas with a purchase and rehab price under $150k. Feel free to contact me with any questions at Nine one too six 55 six six 33 or curtisb1968 at Gmail.com
Also the local Real Estate Investor Alliance (REIA) meeting meets every second Monday of the month at 6:30pm usually at the Hilton Garden Inn in Midtown 5711 Abercorn St, Savannah, GA 31405.