Wholesaling Real Estate As A Newbie

[Danny Milea]

Hey All,

New member here. I was talking to my buddy who's in real estate and mortgages and he recommended wholesaling real estate contracts, specifically shopping centers and apartment buildings, but can do SFR as well. I live in a one of the most expensive parts of the US in Southern California so I don't think I can do it here. I do have money saved up and I'm ready to make moves.

My goal in starting this new venture are as follows:

- Be able to earn $50k a month (either thru my own efforts or by putting together a sales team)

- Build a business that has leverage and can scale up

- Have it run without me present for day to day operation

Tomorrow (7/8) I will be traveling to Phoenix to start looking at some properties and areas so I can start my mapping and marketing.  I think Phoenix would be a great market to start. Not too far from where I live plus the prices there are reasonable.

Any advice on this niche would be great.

Thank you,

Danny