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Updated about 6 years ago on . Most recent reply

User Stats

29
Posts
11
Votes
Jacob Rzewnicki
  • Piscataway New Jersey
11
Votes |
29
Posts

Rookie looking for guidance

Jacob Rzewnicki
  • Piscataway New Jersey
Posted

Hello everyone, I'm 19 years old and I'm pursuing real estate investment feverishly. Im working 3 jobs to build as much capital as possible, and hope to get something under my belt by the time I'm 20. My thoughts on kicking down the door on real estate investment, (pun intended) are as follows... While I'm working my butt off to build capital I feel like I'm not accomplishing anything towards my goal. I'm considering trying to get a few wholesale deals done to a) learn the business by DOING instead of just listening to podcasts and reading forums (which I've been doing as much as I possibly can) and b) build more capital until I can begin purchasing buy and hold properties. I was wondering if anyone on here had any better ideas, and if not any suggestions on how to begin wholesaling. I understand that it will require marketing, networking,  and deal hunting, but in terms of the contracting side what needs to go into that? do I need a lawyer to help me construct these contracts? are there templates for wholesaling contracts? I'm very new and very naïve so any information on how to get started would be GREATLY appreciated!

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