Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

4
Posts
0
Votes
Ben Lasri
0
Votes |
4
Posts

Hey guys newbie here

Ben Lasri
Posted

Hello to all!

I’m just starting my journey with wholesale real estate and I’m having hard time to determine what location should I start look at and find my first property.

Any thoughts ?

Most Popular Reply

User Stats

4,752
Posts
4,036
Votes
Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
4,036
Votes |
4,752
Posts
Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
Replied

If you are new, I wouldn't worry about location to be honest.

I would worry about experience. Get a few deals under your belt. Doing it virtually makes things significantly more complicated and risky.

I am absolutely not saying you can't do it. By all means I am the first person that will tell you, you can do anything you want, and power to you. But if you are going to do it virtually, make sure you truly understand the nature of the game, the shady nature of people,  boots on the ground, and implementing your strategies of getting that contract signed without you being there.

If you have all this figured out... maybe... 

(even then it is extremely tricky without experience).

So if I were you, get experience in your backyard (depending where yo ulive) and after you see first hand how wholesaling really works that the gurus didn't teach and show you, then devise systems to handle all the things no one taught you, and then fool-proof your systems, and slowly branch out.

I am only now about to go nationwide (sorry America, but there will be a new boss in town) and I have been doing it for several years.

This is not meant to scare you. This is meant to prepare you.

Good luck my little mortal you!

  • Jerryll Noorden
business profile image
SEO For Real Estate Investors
5.0 stars
1 Review

Loading replies...