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Wholesaling
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Updated almost 12 years ago on . Most recent reply

User Stats

94
Posts
11
Votes
Nate S.
  • Real Estate Investor
  • plattsmouth, NE
11
Votes |
94
Posts

2nd attempt at wholesaling

Nate S.
  • Real Estate Investor
  • plattsmouth, NE
Posted

I'm not a stranger to wholesaling, it's just flipping contracts or what real estate agents do just w/o the agency involved. My first attempt was after high school. Problem was I could never get a deal finding a seller to put under contract, and this time don't want to face that problem again.

Didn't really have a mentor, money, and never went through the fundamental process of actually going through of setting up the deal. I tried getting a RE license but never could pass the actual test, and went broke.

Forward almost a decade later, well let's just say I got a job that is very stable, and can't quit. Will this be the best approach, and my time is very limited. I figure being a RE agent/wholesaler is best as a side job. Since I got the required hours already going to study to retake the RE test.

Hopefully being a agent will give me a foundation for connections, and I can easily make deals being a agent or better yet a wholesaler. What is the best way to finding motivated sellers and avoid other wholesalers or investors attempting the same thing?

Most Popular Reply

User Stats

479
Posts
226
Votes
Wayne Woodson
  • Investor
  • Nashville, TN
226
Votes |
479
Posts
Wayne Woodson
  • Investor
  • Nashville, TN
Replied

It's sounds to me like your problem is in lead generation.

To put it bluntly no leads = no leads, few leads = no deals and no constant lead followup = no deals. It took me 3 months to do my first deal after 3 years of on and off wholefailing. I finally said I am not going to stop until I do a deal and I did, I did a few more after that even.

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