Newbie. Was looking heavily into wholesale real estate.

[Cory Berndt]

Just starting off and for the past couple of months I’ve been researching heavily on wholesale real estate. It seems like a great opportunity for someone just starting out .

I know the basics of it & I’m enrolling in local real estate groups to start building my buyers list, my question is what are some of the things you guys messed up on in the beginning that you would do different, have any general ideas/ tips that could help me start off/ for the long run ? And how long should I stay in wholesale real estate until I make the jump to a real estate agent then eventually a broker.

[Stephen Keighery]

@Cory Berndt find a wholesaler moving volume in your market and offer to JV your first 3 to 5 deals with them (where you split assignment 50:50). You bring the deals and they get the buyers. They should be willing to help you with pricing so that you only lock up deals that you can move. This is the easiest way to get your first deals closed and build confidence.