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Updated almost 10 years ago on . Most recent reply

User Stats

17
Posts
1
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Will Melton
  • Renter
  • Richmond , VA
1
Votes |
17
Posts

Looking to Know if Building a Website Can Be a Good Way to Start

Will Melton
  • Renter
  • Richmond , VA
Posted

I am a digital marketer and am looking to become an REI through the buy/hold strategies, but it might be a few months before I do my first deal. I have a financial backer and am learning the ropes, but I ran across a couple of websites that seem like they might be a good way to get started for myself.

I am looking at creating a "We Buy Houses" website that also has a place for investors to contact me. I am confident that I can get through my first customer when he/she comes, but if I get a good deal, how soon could I expect to find an investor if I don't already have one? I am not sure that I will want to dive right in a flip something, so I think the wholesale route would be better.

Any advice on this route? Anything I should watch out for?

Most Popular Reply

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116
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56
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Jeremy Ferguson
  • Chapel Hill, NC
56
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116
Posts
Jeremy Ferguson
  • Chapel Hill, NC
Replied

@Will Melton I don't know your area all that well but being close to Richmond, I think it should be fairly easy as long as the numbers make sense. I think it will be more challenging to find the deal itself, once you do that you should be fine. 

Drive around town, especially heading towards Richmond and I am sure you will find bandit signs all over "We buy houses for Cash". Some actually have cash and others are just wholesalers so you can always try calling those guys or searching craigslist to start a buyers list. I would spend your time trying to find the deals though, the buyers will be easier to come by in my opinion. Here in Raleigh there is just simply not enough inventory and tons of investors jumping on everything that comes up. So many are trying to find creative ways to find deals.

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