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Updated about 5 years ago on . Most recent reply

User Stats

56
Posts
24
Votes
Jeff Stansberry
  • Corona, CA
24
Votes |
56
Posts

Anyone wholesaling in the Inland Empire / Riverside area?

Jeff Stansberry
  • Corona, CA
Posted

Hi everyone,

I'm thinking about starting wholesaling in the Corona / Riverside / Inland Empire area. I was wondering if anyone was having success, challenges, market cycle trends that they've noticed, etc. 

I realize that I might be reaching out to possible future competition but I wanted to reach out in case someone had helpful information they would share. 

I'm fairly new to real estate and looking into Wholesaling as a way to build capital for a while. 

In addition, are there an local agents that work with wholesalers that can give me an idea of how the market is for that type of service? 

Thanks!

Most Popular Reply

User Stats

155
Posts
118
Votes
Patrick Fraire
  • Flipper/Rehabber
  • Long Beach, CA
118
Votes |
155
Posts
Patrick Fraire
  • Flipper/Rehabber
  • Long Beach, CA
Replied

@Jeff Stansberry

You should definitely jump in. I transitioned to wholesaling this year and it took me about 8 months and about $2,000 in marketing to get my first deal from it.

In our market everyone is talking to the same people (there is a limited amount of data (I.e. high equity/absentee owners) and a lot of wholesalers)). So it comes down to consistency and likability. You got this man go for it. Start with YouTube videos if you have the time. If you have money but not a lot of time pay a mentor to teach you the game.

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