All Forum Posts by: Kelsey Gabhart

*Aspiring, not inspiring... face palm*  

Hey everyone! My boyfriend and I are 18 years old and 17 years old and we live in Ohio. We don't have the ability to take out a loan to flip a house since we are so young and we don't have 2 years of job history. We decided we are going to stick to this business and build our future with it, no matter what it takes. Do you have any suggestions on what we should do to be able to attain the finances to do our first flip? 

Hey everyone, 

My boyfriend and I live in Columbus, OH. We just graduated high school this past summer and we've been working really hard to get into real estate investing but since we don't have hardly any capital, we've been working hard at wholesaling real estate these past 3 months to start it up, and by hard, I mean working about 10 hours a day. We've put in a lot of money into marketing and we have been doing it ethically, since most wholesalers don't and we will not be like them. We decided we would never put a house under contract unless we have a buyer lined up and ready to purchase. However, there are now SO many wholesalers out there and so many of those wholesalers do it unethically and it is making it so much harder for us to build any kind of trust with the sellers, so we have not been able to close any deals.

Wholesaling is not what we want to do long term, it is something we want to do to get capital to start investing so we can be financially free. We are living with our parents right now because I am not able to move out yet. However, they are super discouraging and they keep telling us to get regular jobs and they are constantly putting us down. We want to invest so bad but we don't have the funds to do it... and having a regular job just isn't an option because there's no place to truly scale in that kind of setting. We looked into being real estate agents at some point but we are set on owning our own business, and being a realtor would not work out for us for personal reasons. 

What can we do to get the funds to start investing? We are willing to put in as much work needed, we just feel like wholesaling isn't what it used to be because so many people think it's "easy" cash and so they rip off people and it ruins it for all the good wholesalers. What do we do? We would be happy to partner up with people, but we don't know how to go about it. I would be grateful for any and all suggestions or help! Message me please!

Thank you!

Hey everyone, I've had a lot of people give me great advice in my last post, so I thought I would ask another question... So, a lot of people have been advising me to "learn my market", which is something I definitely need to work on more, but that statement seems SO broad and so I have no idea where to start. So it might sound like a dumb question, but how do you learn your market? I need a starting point. Thanks!

@Rob Gillespie Thank you for all your support and advice! I sent you a message!

@Devin Meriwether, I have listened to a couple of his videos on youtube, and I just got through a program with another place, but that could be a potential opportunity for me to try. Does he help when it comes to repair costs?

@Caleb Johnson Oh I didn't know that was on Bigger Pockets! Thank you for letting me know, that is very helpful! I'm definetly going to do a lot of research there. Thanks again!

@Caleb Johnson Oh I didn't know that was on Bigger Pockets! Thank you for letting me know, that is very helpful! I'm definetly going to do a lot of research there. Thanks again!

@Maurice Smith Okay I will! Thank you! We use his FB account though, so it’ll be under Jean Castane. Thanks again for all your help!

@Maurice Smith Thank you so much! I am definitely going to go through every step, especially with a deal I am working on right now :) We just got propstream so we were still trying to figure out how to use it, so that really really helped! I never even thought about asking a contractor about pricing, I just assumed most people would be too busy or would want something in return. Again thank you so much!!

@Jay Hinrichs Well we have propstream which has things listed on MLS, do you think that propstream will be the most accurate besides MLS?