Wholesaling Newbie in Denver

[Cody Stevenson]

Hi, my name is Cody and I'm currently living in Denver and attending college here, I've been reading through all of the bigger pockets books, taking many notes and have become extremely interested in the world of real estate investing. For a long time I really didn't know where to start but think I should go the route most real estate investors start on, as a wholesaler. If anyone on here who's done this before can get in contact with me maybe even someone living in Denver as well, I would greatly appreciate the help. I would like to get a kind of walk through of the entire process? What contracts are involved? what methods are used for finding leads? Best ways to contact sellers? Best ways of finding buyers? and if the Denver market is a good place to start wholesaling? I've also heard of virtual wholesaling or doing the entire process online from anywhere in the country? Is this method legit? I'm really just looking for someone with experience that I could ask questions to as I try to go through this process, a digital mentor. With the amount of money involved in real estate, I do find this a little intimidating but from what I've read real estate wholesaling has little cash risk.

[Aj Nair]

Quote from @Cody Stevenson:

Hi, my name is Cody and I'm currently living in Denver and attending college here, I've been reading through all of the bigger pockets books, taking many notes and have become extremely interested in the world of real estate investing. For a long time I really didn't know where to start but think I should go the route most real estate investors start on, as a wholesaler. If anyone on here who's done this before can get in contact with me maybe even someone living in Denver as well, I would greatly appreciate the help. I would like to get a kind of walk through of the entire process? What contracts are involved? what methods are used for finding leads? Best ways to contact sellers? Best ways of finding buyers? and if the Denver market is a good place to start wholesaling? I've also heard of virtual wholesaling or doing the entire process online from anywhere in the country? Is this method legit? I'm really just looking for someone with experience that I could ask questions to as I try to go through this process, a digital mentor. With the amount of money involved in real estate, I do find this a little intimidating but from what I've read real estate wholesaling has little cash risk.

Rodney's advice is golden, starting with books is the best place. Perhaps join other courses on real estate investing as well? Imo, the best thing you can do if you're serious is to get a real estate license. It's the best way to get acquianted in this world. 

I'll echo Wale's advice here as well. One thing i'll add is to find your specific niche that you can add value to your mentor. Maybe you could handle his socials? Intern with an agency who has rockstars doing 1-3 deal a month. As a college student, there's so much you can do at your disposal. Any classes you can take in school to understand the macro economy of markets and real estate? Real estate doesn't exist in a vacuum, it co-exists with the economy. 

Imo, the worst thing you can do is go to meetups and leech onto investors. They recognise that in a heartbeat. Find out what their problems are and give value by helping them in small projects to build your reputation. Any rockstar investor needs competent people to run deal with him so if you can be someone's right hand man, that would prove invaluable in your journey.