Beginning Wholesaling in a Competitive Market

[Muoki Musau]

I live in Loudoun County in Northern Virginia, I joined BP last year, I've listened to hours of the podcast, and have interacted in the forums.

Two key takeaways re: wholesaling are

1. 1. Patience. Most sellers do not respond until 5-6 months of persistent activity
2. 2. Marketing. Wholesaling is marketing. The more/longer you want to market, the more money you need to have.

How does one start? In the DMV, prices are through the roof, and there are also high-powered companies like express homebuyers, other big real estate teams that market 24/7...

It seems very daunting.

One idea I have is to seek an experienced wholesaler and apprentice with them, learn the business, and establish myself, then venture out.

What are your thoughts? What has worked for you? What hasn't worked for you?