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Updated almost 10 years ago, 01/19/2015
I'm new to whosaleing and I'm looking for a mentor?
hey what's going on my name is Brandon an I'm new to whosaleing in the Winston Salem Nc area i just moved here from Virginia. I know very little an I was wondering is there anybody in this area who I could possibly meet up with to get a few pointers and tips on what to do??????
Attend as many meet ups in your area. This is a good place to network. You will probably meet people who do mentoring for a fee. Otherwise, you will meet other people to network with. www.meetup.com.
Congrats on picking a strategy and wanting to get started! Carol has some great advise to go the the local meet ups and REI groups, but not bringing any value to the table is going to make it tough to find someone to take you under their wing.. If you don't have money to "hire" a mentor, than think about what value you do have to offer to someone in exchange for their knowledge. Perhaps you can spare time to help the mentor with some projects, a win-win.
BP is a very useful tool itself, and if you can just ask specific questions about your issues you'll find answers here..
Hope this is helpful, good luck!!!
If you haven't setup keyword alerts for your area, I recommend you do that first. This will notify you anytime someone says "Winston Salem" for instance.
There are over 200 blog posts and 1000 forum threads that populate when searching for "find a mentor" and 100 blog posts when searching "beginner wholesaler." The information is right at your fingertips - seek it out and get those deals!
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- Rockland, MA
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Welcome. Time to build the foundation below.
Check out the Start Here page http://www.biggerpockets.com/starthere
Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 100 past ones to catch up on.
Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.
Couple good reads
- 9 Reasons You Couldn't Find A Buyer For Your Wholesale Deal
- Don't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper
- How to Start Wholesaling: Getting Past The Education and Into the Field
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Good luck
Paul
Originally posted by @Eric M.:
There are over 200 blog posts and 1000 forum threads that populate when searching for "find a mentor"
And the very best one ever was written by this guy . . . LOL
@Brandon Burrell refer to @Ned Carey post for a very straightforward and honest approach to getting yourself a mentor!
"Be like Nike and just do it!"
@Brandon Burrell Hi,,,
I am from the Triad area and a somewhat newbie as well!! There is a local REIA group that meets in Greensboro every 3rd Thursday nite at 7pm, you can google their website for more information. It is a very good group, well diversified in all areas of REI. Good luck and look forward to seeing you there!!!
Tammy
@Tammy Starks yes I will be attending and I hope to see you there as well !