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Updated about 4 years ago on . Most recent reply
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Hello, New to RE investing in Orlando.Suggestions where to start?
I have recently taken a course through Than Merrill Fortune Builders learning about BRRR, Wholesaling, Tax Liens and Deeds, ect. I believe wholesaling might be a good start to get my feet wet. Any suggestions on where to start. Anyone have investing experience in Orlando? Great to hear from you guys to begin this journey and meet some people. Never have been more driven!
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Hi @Christine Rodriguez. I don't want to knock any of the 'guru' courses out there, but their primary focus is selling you a course and coaching you. If you want to learn about your local market, first step is to join the local REIA. Central Florida Realty Investor Association is where I go my start in 2014 and it has been a great source for networking, learning, meeting contractors, lenders, other flippers, landlords, attorneys and everything else you will need to start doing business.
I am a full time Realtor® and investor here in Orlando. I can tell you that wholesaling is very competitive and there are 5-6 really big players that are spending $5k a week in marketing, so picking up deals to wholesale will be tough and it is a job (once you sell it,you have nothing again, so you have to find another and another). What is it about wholesaling that is attracting you? There are a few coaches locally that have courses and can do some mentorships if you like.