All Forum Posts by: Account Closed
Account Closed has started 1 posts and replied 7 times.
Post: Hola! Newbie from Maryland
- Rockville, MD
- Posts 7
- Votes 5
Please excuse the typos in my intro (I'm a writer, but would make a terrible editor).
Also, if there are any investors or wholesalers in the DC Metro area (or Baltimore) that have any tips or would like to partner, please let me know/message me.
Also, if you're an experienced wholesaler/investor (or RE agent with investing experience), I would love to assist you in any way possible (finding leads, follow-ups, cold calls, etc.) in order to learn.
Post: WHOLESALING STEP BY STEP
- Rockville, MD
- Posts 7
- Votes 5
Thanks @Pamela Brady :-). I'm subscribed, but need to turn on my notifications. I will definitely check it out.
Post: Hola! Newbie from Maryland
- Rockville, MD
- Posts 7
- Votes 5
Thanks @Russell Brazil! I appreciate it, and I will check it out.
Post: WHOLESALING STEP BY STEP
- Rockville, MD
- Posts 7
- Votes 5
Hi @Vanesha Bowden I'm new too, but there's a lot of videos on YouTube (look up "wholesaling, REI" or "Wholesaling steps"). I don't remember everyone's name, that's why I say do a search and you can find who's right for you. There are some decent books too, that are free or low cost (but usually include an upsell at the end). As a newbie, I still read them anyway and typically pick up something(s) from each one.
As far as YouTube, one of my favorites so far, is "Ty the Flip Man" (Flipman.net). He has a LOT of great free advice, and of course some courses too (they're pretty affordable compared to others but I'm just getting free advice for now). I have NO affiliation with him, but I'm learning so much from his videos and podcast figured I'd shout him out. I actually texted him today (he provides his number) and he replied. He's also in Alabama too! Good luck! :)
Post: Whew - First Deal is DONE!
- Rockville, MD
- Posts 7
- Votes 5
Congrats @Laura H.! I'm super new to all of this, and know nothing about your area of RE, but I know it's exciting none the less. Very inspiring!
Post: Hola! Newbie from Maryland
- Rockville, MD
- Posts 7
- Votes 5
Hi BP!
I'm Candace (or "Candi") from Maryland. I came across BP just last week as I started learning about REI. Funny thing is, I was actually watching a Spanish tutorial on YouTube- "Hola amigos/amigas!" and the guy mentioned "house hacking". The next thing I knew I was watching BP videos, and now here I am.
(So maybe it’s a fluke that I ended up here, but I personally don’t believe in coincidences.)
A bit about me: I'm a writer and artist (a quintessential "artsy fartsy" type, who also enjoys entrepreneurship). I'm looking forward to building wealth (hopefully that's not tacky to say here) via REI, and investing into my future, my art/writing, and of course my REI business. No pipe dreams here, just an optimist person that has been through a LOT (and still hopeful).
The REI area I’m looking to get into is wholesaling, and possibly adding tax liens in the future as well. Right now, I’m learning about the good, bad, and ugly of wholesaling, and I’m still interested. I will operate which as much competence and integrity as any newbie can, continue to learn and of course.
Okay, that’s it. Thanks for reading.
Adios :-)
Post: Wholesalers who say they're doing a "service" or "favor"
- Rockville, MD
- Posts 7
- Votes 5
I'm brand new but this is my perspective as a potential wholesaler (and businesswoman). I believe that it's semantics at play, with all business, and of course perspective. No one, not even a social worker (what I went to school for :-) unless they are literally volunteering is doing a free service. So maybe I'm naive, but I would give sellers more credit than assuming that they do not realize that some random person coming to them (whether calling themselves a wholesaler, investor, or cash buyer) doesn't stand to make a profit.
It's obviously a transaction. But just because there's a transaction involved doesn't mean it isn't also a service. No different than a trash man, a painter, an agent and yes, even a wholesaler. From my understanding, if done right, a wholesaler is seeking people that are "motivated" (aka quite distressed or in a hurry to sell for whatever reason). It's clear that they're not getting market value for their house, and in return they also don't have to worry about commissions, repairs, or a lengthy process.
For some people in certain situations this is a relief. For others (like my parents, who were approached years ago) it isn't worth it after all they've put into the house.
Personally, I don't care about using the word service, I probably won't actually, but I think it is still a service at the end of the day for people that need it. To some agents have a bad rap, wholesalers, etc. It's all perspective, and at the end of the day most are selling something (even their brand)-"service" or not.