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Updated almost 9 years ago on . Most recent reply

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61
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13
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Allen Seto
  • Ottawa, Ontario
13
Votes |
61
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Probate Wholesaling as a Launching Pad

Allen Seto
  • Ottawa, Ontario
Posted

Hello All,

I just signed up for Bigger Pockets a couple of days ago and am loving all the great discussions and content. I would like to get some feedback on using the Wholesaling strategy as a Launching Pad for my REI career. I have been doing a lot of research and going through an educational process even before joining here on BP. Specifically I have been focusing on the probate niche as a starting point. I have been down to my city courthouse and did some direct mailing to a first batch of leads.

My question is: Is Probate-Wholesaling the best and most efficient way to start building capital for a new investor?  I understand from reading some of the other forums, that probate leads can often take 6-8 months to materialize, and I have seen some members state they have spent upwards of $8k on marketing material.  As a new investor, I do not have that kind of marketing budget (closer to $0), and a 6-8 month timeline for leads to start actually developing seems far off.  

For someone just starting out, eager to get going, and lacking the marketing budget, is Probate-Wholesaling the best place for me to be focusing my efforts?

Most Popular Reply

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42,708
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,899
Votes |
42,708
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Allen Seto  what Rick said... Many times is you start as an agent you can then branch into specialties. but at least your in the game surrounded by others in the game instead of on an island IE at home on your computer.. LOL

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JLH Capital Partners

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