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Updated about 8 years ago on . Most recent reply

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18
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Curtis Jordan
  • Norfolk, VA
4
Votes |
18
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Curtis from Norfolk, VA

Curtis Jordan
  • Norfolk, VA
Posted

Hey everyone. I'm taking time to reintroduce myself. I started my journey in RI about a year ago. I was new, excited, impatient, and highly inexperienced. I barely had anything saved up to begin investing with, and hoped to use wholesaling to jump start my RI life. After, a few months of denied offers, and lack of leads I became frustrated. Instead of giving up, I decided to take a step back and work on myself more. I read books, watched videos, spoke to investors around my area, worked more overtime at my current place of employment, and developed connections with agents and contractors. I've acquired a business partner as well as funding for deals, but I've hit a wall. I have the agent, the contractor, and the funds, but can't quite get my hands on the deals. I'd love to talk to some wholesalers, agents, and other investors who have some advice, or even deals they'd like to share in the Hampton Roads/NoVa area. Thanks you in advance, and hope to hear from you all soon.  

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2,712
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2,244
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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
2,244
Votes |
2,712
Posts
Patti Robertson
  • Property Manager
  • Virginia Beach, VA
Replied

Hi @Curtis Jordan. Honestly of the three investment strategies, wholesaling is by far the hardest in today's market.  Hampton Roads is flooded with investors and short on deals.  We've already flipped half the market and gobbled up most of the rentals during the last 10 years.  We are literally now getting back around to rebuying the houses we flipped 10 years ago.  Have you considered trying either landlording or flipping instead or in addition to wholesaling?  I think you'd get a faster start and be less discouraged.  Just a suggestion from someone who actively does all three. 

  • Patti Robertson
  • 7574722547

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