Starting out in Wholesale

[John Loscalzo]

Hey everyone, I’m a Real Estate newbie and I have been reading and researching for quite some time now and am ready to take real estate investing head on. My goal is to start with wholesaling and use the capital from that to invest in other forms or real estate while continuing to wholesale. I was wondering where everyone wholesales and if there are any areas that are good or bad for wholesaling? From what I understand it’s not necessarily about the best deal you can make but finding the seller who is most eager to sell. With that being said, would I be able to create wholesale deals all over the country wherever the opportunities present themselves or do most people stay within the area of where they live? (Northern New Jersey for myself) Thanks for the help!

[Jose Flores]

Hey @John Loscalzo there is a concept called virtual wholesaling but I haven’t done it.  If you are able to implement the skills needed to be a Pro at wholesaling virtually. You maybe able to make it work.   They are marketing; estimating repairs; contracting; appraisals; and negotiating.  Can you complete all of these skills virtually?  If so you may want to explore virtual wholesaling.  

Last, the best advice I can give you is to spend 80% of your time marketing for deals.  Good luck!!