Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Cullen Duplantis
  • Houma, LA
1
Votes |
8
Posts

Real Estate Wholesaling

Cullen Duplantis
  • Houma, LA
Posted

I am 19 from Houma, Louisiana and in college right now for business finance looking to start my real estate hustle. I have about 2000 dollars and really want to learn how to make more from investing. I have no experience in real estate and I do not see myself working for other people forever. I love the idea of wholesaling to start off but have no idea on where to start. I have been researching and listening to podcasts for the past couple months. 

Most Popular Reply

User Stats

957
Posts
740
Votes
Braden Smith
  • Investor
  • New Orleans, LA
740
Votes |
957
Posts
Braden Smith
  • Investor
  • New Orleans, LA
Replied

Hi @Cullen Duplantis . I am both an investor and managing partner of a local real estate brokerage in New Orleans. I've been in the REI game for about 10 years and licensed for about 7 years. Welcome to BP! You've come to the right place to learn anything and everything about real estate investing.

Be sure to check out the "education" tab at the top. Lots of great resources there. A good place to start is with the free guides, such as "The Ultimate Beginner's Guide To Real Estate Investing". The bookstore has some great books and the podcast is full of valuable information.

Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

Check out BP Podcasts: https://www.biggerpockets.com/podcast

If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

See here for the Guides: BP Guides

See here for the FREE video series: The Financial Independence Blueprint

See here for the blog: The BiggerPockets Blog

Search MeetUp.com for local meetups. 

Check out the local chapter of the National Association of Real Estate Investors here:  https://www.neworleansreia.com/

Here is an ongoing discussion thread on wholesaling that has anything and everything you'd like to know about wholesaling: The Truth about Wholesaling! (It has been going on for 8 years and has over 800 replies, so just about anything and everything is in there somewhere!)

To begin with wholesaling, you will need to first determine which type of seller you want to focus on and then decide which way you will attract those sellers. You will need to do some form of marketing and that usually depends on your individual situation. Do you have the time to do the legwork yourself, or do you have the money to pay someone else to do it?

There are two ways to go about marketing/advertising your business...

You can go a mile wide and an inch deep, which would be marketing large scale such as blanketing an entire neighborhood with direct mail, door hangers, etc. This can get very expensive, very quickly.

Or you can go a mile deep and an inch wide. This would be very targeted niche marketing focusing on one or two particular niches. This is typically the best route to go for small companies with limited marketing budgets.

Check out these posts on BP:

The Ultimate Beginner’s Guide to Real Estate Wholesaling

The Definitive Guide to Real Estate Wholesaling

A 60-Day Action Guide to Wholesaling Your First Property

The Newbie’s Guide to Wholesaling in 7 Simple Steps

The 8 Most Common Lies Newbies Believe About Wholesaling

Real Estate Wholesaling

Introduction to Real Estate Wholesaling | BiggerPockets Podcast #91

5 Costly Pitfalls That Catch Wholesaling Newbies Off Guard

Wholesaling Calculator

Check out these books:

If You Can't Wholesale After This: I've Got Nothing For You

The Real Estate Wholesaling Bible: The Fastest, Easiest Way to Get Started in Real Estate Investing

The Art Of Wholesaling Properties: How to Buy and Sell Real Estate without Cash or Credit

Everything Wholesaling: The Ultimate Guide to Wholesaling Real Estate

Best of luck to you and happy investing!

  • Braden Smith
  • Loading replies...