All Forum Posts by: Eddie Garcia

@Mike Cumbi - thanks for the advise. I'll take into consideration for sure. I mean if I spent $800-$1000 to make a potential $5-10k (minus expenses and cost) I would def consider that a win and time well spent. I understand the energy and time it would take. Spending 5-15 hours a week outside of my professional living is definitely worth the effort if I can get those results. Doing your research so you're marketing to the correct potential market is also key.

@caleb understood. Investing certainly should mean less hours. My goal isnt to become a realtor/broker but in fact exactly what you described. I have some cash to invest but looking to increase my reserves by wholesaling several properties (if possible). As far niche/strategy I’m still looking to finalize that. Haven’t yet decided what works for me.

My intent is not to use wholesaling as a primary strategy to financial freedom but more so to build funds for other RE investment. Possibly 5-15 good solid honest deals. From what I’ve read it looks like the general consensus is a broker / RE license provides a level of credibility BUT not necessarily required if it’s not your primary strategy.

My first post I believe to BP although I’ve read numerous posts within multiple forums. I get a feeling from the community here - specifically buyers - that the wholesaler is unethical 99.9% of the time and not to be trusted with deals. I’m ready to begin working on moving into real estate starting with wholesale to fund other eventual real estate strategies (flips, buy/hold, multi tenant, etc). However, will this negative connotation of wholesalers in general cause setbacks? Thanks in advance for your thoughts.