All Forum Posts by: Ryan Passaro

Hi! My name is Ryan and I am a student at UT Austin and a licensed real estate agent in Texas. I work as a leasing agent on the side while I'm in school here in Austin, but next semester I really want to do my first wholesaling deal. I would love to learn from some people already actively wholesaling in Austin and would love any advice you could give. I would also love to meet up or go out to lunch (on me) with any active wholesalers so I could pick your brain a bit and connect with more people. Please let me know if you'd be willing to talk. Thank you!!

I want to start this off by saying that in all honesty, I'm usually not a very skeptical person and I am one to get ahead of myself and be misled into a bad idea or a scam that sounds too good to be true. About two weeks ago I got an ad on Instagram for a free training on Tax Lien investing from a company called "National Tax Lien Training" in Austin. I went to it last night, and it sounded super promising, they had this jacked salesman leading the presentation who seemed like a nice guy and explain the process but they offered a 3 day workshop at the end for $197, which at the time seemed like a bargain. After the seminar I did some more research and realized their website seemed like it was built in 5 minutes, with no history of anything, no hyperlinks on it, and just seemed super weird overall. Here it is if anyone is curious: https://nationaltaxlientraining.com/. I then read that some training companies like these had been shut down in a lawsuit, which claimed they did nearly exactly as I had experienced. The sales guy that led the whole presentation never said his name or his "mentor"s name, looking back on it, and made some claims that were just downright untrue no matter how you spin it. In the lawsuits it said they targeted naive investors, or the elderly, and from being in the room I can attest that 95% of the people were or somehow mentally not all there. I'm just throwing this out there in case someone had a similar experience or to prevent someone from going through the same thing. I will be cancelling the workshop I got yesterday, nonetheless. Let me know your thoughts, thank you! Here's the FTC lawsuit link: Lawsuit

 Haha glad to hear it! I am back in New York now though until August, I just missed that :( but I would love to take a rain check on that if that's okay. Thank you!!

 Awesome! Thanks so much!

Thank you! What is the 50 house rule?

 Thank you for the advice! How do you recommend finding legit buyers in an area and what they are looking for?

Hi! I am a freshman at UT Austin and want to get into the wholesaling business in Austin but am not positive where to start - it just seems like a big leap from here. If anyone is an active wholesaler in the Austin area I would love to meet up for lunch or something in the next 2 weeks and pick your brain for a little bit! (Lunch on me). Or if anyone has any advice on this post I would greatly appreciate it. Thank you so much in advance!