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Updated 7 months ago,
Apprenticeship - Pay to skip the line - Partnerships equal rocket ships
I often notice similar posts in this forum from new wholesalers seeking guidance. Here are a few things to consider..
- Work for an Established Wholesaler: Consider finding a reputable wholesaler in your local market and offering to work for them. Commit to dedicating 12-24 months of your time to learn the ins and outs of the business. By demonstrating your commitment and dedication, you position yourself to receive valuable mentorship and investment from seasoned wholesalers.
- Pay to Skip the line (Masterminds) : Treat your wholesaling business like a trip to Disney. Instead of spending all day waiting in line for a few rides, pay to to 'skip the line' . This means paying a little extra upfront to access comprehensive databases of potential buyers and sellers, sales skills, contracts, etc allowing you to expand your reach and efficiency significantly. The network in these groups is whats invaluable.
- Joint Venture (JV) or Partner with Established Professionals: Consider forming joint ventures or partnerships with experienced wholesalers or real estate investors. Collaborative partnerships often lead to exponential growth ('partnerships equal rocketships'). By leveraging the expertise and network of established professionals, you can condense time to accelerate your learning curve and access more lucrative opportunities. To do this present your opportunity with all the details for assessment.