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Updated about 12 years ago,
New to Investing
Hello!
New Here. I am just starting to learn about real estate investing. I read that I should only pick one specific kind and master that first. So, I am learning what is financially possible for me to do so that I can get into it. I am in Massachusetts Greater Boston, and am reading the forums on wholesaling and articles on beginning investing here.
Questions:
1. Do you have to start a business before you start actually wholesaling? My understanding is yes.
2. What kind of business have you set up for yourself and why?
3. What questions do you ask lawyers, cpa's and real estate agents to make sure they are a good fit for you?
4. Did a lawyer set up your business? Did you use a site, if you set up an LLC?
I ask these questions because I am not in any financial situation to put up any money. I do not know what I would need for a lawyer or cpa, rates wise. This is why I think wholesaling is a good place to start though I would love to expand on that and do fix n flips or rental properties when I am ready.
5. How many wholesaling deals do you do in a 30 day period and how many are plausible for a beginner?
I probably have more questions, but that's what I have currently.
Thanks!
Cara