All Forum Posts by: Mike Mahoney

Thank you both for the feedback! I appreciate it.

Hello all!

I was wondering if anyone had any suggestions for REIA meetings in the Boston or south shore area for someone trying to get into wholesaling.

I realize there are a bunch of REIA's out there, but I didn't know if there were any that would be more ideal for the person just starting out but specifically by way of wholesaling.

I feel like I should disclose the fact that I’m not posting this question under the assumption that just showing up means my work is done and I will immediately be successful haha. I understand wholesaling is hard work and it’s not some get rich quick handout. With that said, any and all suggestions are much appreciated! Thanks.

@Adam Loud @John Menton @Jason M Pagan Thank you all for your replies. I know networking is a huge part of the whole process, so I'm relieved to see how many people on this site are willing to share insight, advice, information etc. The internet provides information left and right but when you can ask questions and actually receive answers or advice directly from people who are in the business and have experience, then I find that more valuable. So I appreciate any and all input!

One question I haven't asked anyone yet is relating to the price of properties the wholesaler finds. Am I wrong to assume that buyers don't want to pay a lot for a property? For example, if I come across a seller that is trying to sell a house that's worth, let's say $450k, and after I assign the contract to them they could turn around and sell it for, let's say $520k, is the $450k price in general more than what they are looking for? In other words, are buyers looking for houses that have a cheaper price tag? Even if they could make a profit, regardless of the price, I would think that the lower the price of the house, the better. But as I said, i'm as brand new as one can be so I could be way off.

I look forward to any and all replies. Thanks again! 

I've been interested in Real Estate in general for a while, so about 6 months ago I took the salespersons course. I've been studying for the state exam but about a week ago I was introduced to the concept of Wholesaling. I was immediately intrigued, so I've been online researching the topic nonstop. With that said, now that I've done my homework, I want to get into the business. Almost every website, blog, etc. mentions that anyone new to Wholesaling, or just real estate investing in general, should seek out some sort of a guidance, and I'm more than open to any and all forms of help.

Before you ask, no, I haven't done any marketing yet. I'm brand new to learning about the concept of Wholesaling, so I guess this post could be considered my first bit of marketing. 

I'm also very serious about wanting to, not only learn the business, but be successful enough to make it a career. I'm certainly not here to waste anyone's time. Sorry for the lengthy post and thanks in advance!