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Updated 9 months ago on . Most recent reply
![Giovanni Sims's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2989467/1712340789-avatar-giovannis51.jpg?twic=v1/output=image/cover=128x128&v=2)
Multi-Property Land for Sale!!
Hey,
I'm about 10 minutes East of Columbia, MD. I'm new to wholesaling and looking to get started with my first deal. I found a very distressed property just around the corner from where I live that just had a "For Sale" sign go up with an agent attached. I've done tons of reading and watching videos on Youtube that give very in depth information so I do feel comfortable tackling this deal, but would love some advice as I go through the steps or just someone to come back to for next steps mentorship.
This seems like a big deal! This property is surrounded by townhomes, apartments, and businesses. The house + the land around it is what's being sold (Multi-Property Land for Sale, is what the sign reads - and it's a lot of land). I'll happily go 50/50 if someone is willing to take me on the journey of this particular deal.
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Quote from @Giovanni Sims:
Hey,
I'm about 10 minutes East of Columbia, MD. I'm new to wholesaling and looking to get started with my first deal. I found a very distressed property just around the corner from where I live that just had a "For Sale" sign go up with an agent attached. I've done tons of reading and watching videos on Youtube that give very in depth information so I do feel comfortable tackling this deal, but would love some advice as I go through the steps or just someone to come back to for next steps mentorship.
This seems like a big deal! This property is surrounded by townhomes, apartments, and businesses. The house + the land around it is what's being sold (Multi-Property Land for Sale, is what the sign reads - and it's a lot of land). I'll happily go 50/50 if someone is willing to take me on the journey of this particular deal.
The reality is nothing like what the YouTube gurus teach. 99% of the real estate transactions out there have no need for, and no profit potential for an unlicensed “intermediary”. The other 1% are constantly reviewed by licensed Realtors, large wholesalers spending $20,000 monthly for marketing, numerous platforms and services selling leads, fix n flippers, syndicators, investment funds, and “opportunistic” buyers such as myself with millions of dollars in cash to close any discounted deal in less than 48 hours, if need be.
- Don Konipol
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