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All Forum Posts by: George Bernardino

George Bernardino has started 3 posts and replied 13 times.

Wow! This was very informative Russell.  If I may I'd like to ask a few more questions.

1)Is there a set amount on the earnest deposit, I've been reading numbers like $100?

2) When you say agent, is that like a licensed real estate agent/realtor? 

Thank you again and I hope to return you a favor.

v/r

George

Wow! This was very informative Russell.  If I may I'd like to ask a few more questions.

1) Is there a set amount on the earnest deposit, I've been reading numbers like $10?

2) When you say agent, is that like a licensed real estate agent/realtor? 

Thank you again and I hope to return you a favor.

v/r

George

I wanted to start as a real estate wholesaler. I live in Stockton California and have been doing a lot of research with being a wholesaler. I have very little capital and I am trying to develop a buyer's list now and have a few questions.

I am new at this, so I hope I am asking the right questions.

1) Does anyone have any point of contact near Stockton,CA whom I can shadow?

2) Is it true that I do not need a license to do wholesale?

3) How can get a sample contract for my use?

4) How long should I hold a contract before selling?

5) Do I inspect the home first then have my cash buyer inspect?

My understanding with wholesale is there is a seller, me(wholesaler) and

then the cash buyer. Are there any parties involved?

Your support is very much appreciated.

Respectfully,

George