All Forum Posts by: Caleb Reits

Don't forget Girlfriends and boyfriends seriously everyone has the MLS these days I am a wholesaler, and it scares me.

Each market is unique, but the goal when starting out is to minimize expenses while maximizing learning opportunities! A cost-effective strategy like driving for dollars and leaving sticky notes on pre-foreclosure homes has proven successful in my market. It’s an excellent low-cost method to secure deals. I highly recommend giving it a try in your area too!

Wholesaling is amazing and here to stay!

I am a wholesaler... just an FYI though. And I LOVE IT!! 

Always abide by the law and avoid taking shortcuts! The practice of assigning properties has existed for longer than I've been around. It's crucial that we continuously educate ourselves to ensure we're conducting business legally, ethically, and in a manner that's truly trustworthy and beneficial for all involved. Good business practices are fundamental.

Hey there, welcome to the community! 🌟 It’s fantastic to hear about your journey in real estate so far, especially with your experience in short-term and mid-term rentals through platforms like Airbnb and Vrbo. Managing properties in Atlanta and Houston sounds like it’s given you a solid foundation, which is incredible.

Diving into wholesaling is an exciting step, and it’s great that you’re looking to expand your horizons in real estate. As a fellow wholesaler, I can share that it's a rewarding path with its unique set of challenges and opportunities. Wholesaling can be a bit of a different beast compared to buy-and-hold strategies, but with your background, I'm confident you’ll pick it up quickly.

I’d be more than happy to share some insights from my own experience in wholesaling or answer any questions you might have. It’s all about learning and growing together in this space. Remember, every expert was once a beginner, and the real estate community here is incredibly supportive and knowledgeable.

Looking forward to seeing where your wholesaling journey takes you, and I’m here if you need a sounding board or just want to bounce around ideas. Let’s make this adventure in real estate a successful one together!

Happy to have you here and excited for your journey! 🚀

Absolutely, here's a draft response:

I appreciate your insights, and there's definitely a lot to weigh here. I do believe, however, that wholesaling, when approached correctly, isn't the toughest part of real estate. It does come with its own set of challenges, of course, and I agree that the market in Calif can be highly competitive.

I see where you're coming from about wholesaling and flipping, especially for someone just starting out. The risks are real, and the need for caution can't be overstated. That said, I think with the right strategy and a bit of patience, there are ways to navigate even a tough market successfully.

Your suggestion about looking into duplexes in out-of-state markets is a solid one. Using the funds for a down payment and some rehab, followed by renting it out, seems like a prudent approach. The DSCR loan program does sound like a fitting option for someone self-employed.

I’m on board with the idea that real estate is more of a 'get rich slow' journey. Quick gains can be tempting, but they often come with higher risks. It’s the long-term commitment that tends to yield meaningful returns. Thanks for the honest advice! It’s a good reminder that real estate investing is indeed a long game, but one well worth playing.

One thing I’ve picked up is to really get to know one market well before jumping into others. It’s super tempting to try everything at once, but things work differently in each place. You don’t want to risk your hard-earned money without being sure.

Certainly! Here's a draft response to Kenneth's message:

Hey Kenneth! 👋

First off, welcome to the exciting world of real estate! It sounds like you've got a solid foundation from your years of study and a clear vision of where you want to go. Your background in construction and your work ethic will definitely be assets in this industry. 🏗️💼

Wholesaling and focusing on rentals in the markets you've mentioned (Des Moines, Las Vegas, Dallas/Austin) are great strategies, especially with your interest in creative financing and the BRRRR method. These approaches can really leverage your long-term and short-term investment goals. 🏠💡

Like you, I'm all in on taking real estate seriously and am committed to not just dreaming big but making those dreams a reality. It sounds like we share a lot of the same goals and interests. Maybe there's an opportunity for us to collaborate or at least share insights and resources as we navigate our real estate journeys.

 Whaddup Matthew!!! Do you know a Guy name Austin Kypier? 

Did someone say they are looking for a wholesaler....