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Updated over 2 years ago on . Most recent reply

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16
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Chris Vargas
  • San Diego
11
Votes |
16
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Jumping into wholesaling

Chris Vargas
  • San Diego
Posted

Hi BP community,  

     After many hours of listening to podcast and learning a lot from these community, I have decided it's time to take action and start my real estate journey. After actively listening to many advice on how to start in the real estate industry I have concluded that wholesaling is a very useful strategy to learn the ins and outs of real estate. Since I live in a expensive market in California, my current financial situation is not aligned with my long term goals of creating a portfolio of long term rental properties. Wholesaling would give me the opportunity to jump into real estate with practically no money down by just putting in some sweat equity. I know I need to study the market and look at comps and past sales and come up with the ARVs. Any advice that would help me along this journey would be truly appreciated and not taken for granted. Thanks, I hope to grow and connect with the BP community.

Most Popular Reply

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9,861
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Eliott Elias
  • Investor
  • Austin, TX
5,552
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9,861
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Spend most your time building and grooming your buyers list, check in with them every two weeks, see what they are doing in the market and how you can find that deal 

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