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Updated over 4 years ago on . Most recent reply

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Wholesale real estate as a 14 year old

Posted

I want to start in whole sale real estate, I know what it is and I know a little bit about it, but I need a mentor, I told my parents about it too, they said I need to look for one. The thing is I don’t have money to pay for one. Is anyone willing to show me and take me along

on one or two of their deals to show me how to do this? Thank you for your time!!!

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Barry Pekin
  • Specialist
  • Purcellville, VA
841
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1,216
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Barry Pekin
  • Specialist
  • Purcellville, VA
Replied

@Helian Mikel Plaza,

There are a lot of free or near-free resources you should take advantage of first.  Read books, watch videos, listen to podcasts, etc.  I recommend the book, "If you can't wholesale after this... I've got nothing for you."

As a minor, I don't think you can enter into a legal contract, which is going to be important.  I suggest taking the time to learn and get to know others in the industry.  Form relationships.  When you are ready to dive in, you'll have all sorts of knowledge and contacts, so you'll be way ahead of the game.

If you do want to do things sooner, you're going to need help from your parents or some other trusted adult to handle the contractual work.

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