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Updated about 6 years ago on . Most recent reply
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Wholesaling, Flips and Rentals
Hello everyone! New to REI and looking to connect with any new or seasoned investors in the Socal area to network, share ideas and learn as much as I can firsthand on the market. I want to start in wholesaling but want to get my foot in the door and network as much as possible before I start on a deal. Any help/advice would be much appreciated...thanks in advance!!
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Hi Jeff, I can't tell what Socal city you're from. There's a very tight network of real estate investment clubs down here. Warning: avoid the use of the word "wholesaling." You'll get a lot of eye-rolling. It's really important to understand how much time you have to dedicate to the business. In California, it's very competitive. Most deals are coming from equity sellers, investors creating value (new construction, ADUs, adding square footage, etc.), and very last is MLS. Figure how you plan to find the deals, do it, and the rest will fall in place.