Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 12 years ago,

User Stats

11
Posts
0
Votes
Simon K.
  • Atlanta, GA
0
Votes |
11
Posts

Wholesaling in College?

Simon K.
  • Atlanta, GA
Posted

Hi BP Members!

Investing newbie here! I've decided to take whatever steps I currently can to become financially independent and grow a business so I don't have to work in a conventional office.

Here's the problem...

I'm a college freshman. School is my priority. However, I don't have a part time job like many other students. This means that I have ample time to devote to starting my investing career. I'm thinking that wholesaling is the best way for me to start, as I don't have a lot of money to put down on a mortgage or rehab. My parents are very supportive of my dreams and will help me start off financially. My mom's actually been putting money in to a separate account since elementary school when she noticed that I was constantly watching HGTV and Flip This/That House instead of Cartoon Network like most other fifth graders.

I have about $8,000 that I can use (if necessary) to start. I'd be able to work on Saturdays and Sundays, as well as another two nights a week for about 6 hours. I always find time for homework (my social life is pretty busy, but my dreams are becoming more important) so I'm not worried about falling behind in school; I've always been able to make good grades and stay out of trouble. Never even gotten a parking ticket! Oh, I also have a car, so driving around looking won't be an issue.

So, how should I start?

Should I contact an investor in the Atlanta area and see if he/she will mentor me? Are internships available in this business? I'm studying business and economics in school, and have taken more advanced classes in those topics, if that makes a difference.

Should I begin wholesaling independently right away? If so, should I just start compiling a buyers list, and driving around scouting out properties, putting up bandit signs, sending letters, making calls, etc.?

Or, is this even something I should pursue right now? I feel like I'm ready to do something to ensure my future financial goals, and real estate is my true passion. I love everything about houses and buildings. I love designing spaces (which is why I want to start rehabbing one day) and I love running things and taking initiative. I love being a leader and working independently.

Any advice?

Thanks,
Simon

Loading replies...