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Updated over 4 years ago on . Most recent reply

Account Closed
  • Wholesaler/Real Estate Agent
  • Providence, RI
19
Votes |
75
Posts

What I'm Starting to Realize about Wholesaling in Miami

Account Closed
  • Wholesaler/Real Estate Agent
  • Providence, RI
Posted

Alright so I've been slaving away for the past week or so trying to find discounted properties in the Miami-Dade County area and I realized that I had to sort of change my mindset about the pricing of the properties. Since I am just starting out, I wanted to find properties that ranged from $50,000-$100,000 in the area. After several days of tirelessly searching over the web...that is near to impossible in Miami unless you want a house in the ghetto (which is obviously not what I'm going for). So now instead of that $50,000 range, I'll probably be looking for properties near $120,000-$200,000. Not ideal for my first wholesale deal but I guess I have to go where the market takes me. 

Just thought I'd share a piece of my journey with you all...Thank you for taking the time to read it and any tips/comments would be greatly appreciated!!

-Claire

Most Popular Reply

User Stats

162
Posts
19
Votes
Randon B.
  • Appraiser
  • Austin, TX
19
Votes |
162
Posts
Randon B.
  • Appraiser
  • Austin, TX
Replied

You gotta beat the streets! @Account Closed 

 Get out and knock on some doors, send letters, drive around and find vacant houses (driving for dollars) do research on those vacant houses and talk with the neighbors. Talking with people is where the real money lies. 

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