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Updated over 5 years ago on . Most recent reply

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Adrian Tillman
  • Tampa, FL
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New to BP Community

Adrian Tillman
  • Tampa, FL
Posted

I am new to BP, I want to go with a exit strategy of wholesaling. What can I do to separate myself from the pack. I do not have much money to start but I do have the power of perseverance. Any advice, Thanks.

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Lydia R.#4 Wholesaling Contributor
  • Wholesaler
  • Austin TX
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Lydia R.#4 Wholesaling Contributor
  • Wholesaler
  • Austin TX
Replied

@Adrian Tillman The best advice I can give you based on your comment of not really having the money to get started is to take some time and educate yourself about wholesaling. Speak with your state’s real estate commission and find out what legal issues you may run into (some states like OH and FL have really strict laws pertaining to wholesaling) create a budget for yourself. Marketing costs money. How much can you afford to spend every month to find deals? If you dont have the money now then start saving. Explore and decide what kind of marketing strategies you will implement. Go to local REIAs and real estate meetups and network with other investors. Start researching your local market. What areas are desirable? What areas are investors buying properties in? There is a lot you can be doing while also saving the money you will need to get started.

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