All Forum Posts by: Salvador Hernandez Jr

I use Empora Title it's all online and they keep track of the whole process for you in their dashboard. They are nationwide, so no, you don't have to use a title comp in that market, although it would be beneficial as they may have connections and information you might find helpful to tell them, Marc, sent you. First, you must determine if the state you want to wholesale in is a title or attorney state. A quick google Is (state) a title state or Attorney. Google knows all. If it's an attorney state, get a list of them and call and talk about their rates and process and if they are wholesaler friendly essential. 

https://www.emporatitle.com/

Connect with 

@JD Monroe he can help answer your questions and give you suggestions!

Most lawyers and CPA's will answer preliminary questions before billing you to earn business. You should approach these trades with the mindset of paying them for their time. There are a lot of questions you can answer on your own with research. 

Hello Salvador,

I want to acknowledge you for having the courage to ask for advice and seek guidance on this platform.

Firstly, I would like to address the two easiest and fastest ways to start in the wholesale arena:

1. 1) One way is to hire a mentor or "guru" (there are good ones out there), but my concern is that you mentioned having no savings for down payments. Typically, these courses will range from $5,000 to $20,000, not including your effort time and additional money for marketing.
2. 2)I lean more towards this option because it is how I started. I think Option number 1 is best if you have gone to this # 2) option first and then the other one ( # 1) because then you will have more knowledge, and it is a matter of setting up systems and marketing. Additionally, it is expected that you have some money to start on your own. The option # 2 is to work for an already established wholesaling business, which has already invested time, money, and effort and is looking for determined and hungry individuals like you. That way, you can learn and get paid at the same time. You won't regret this option because there is little to almost no risk, only determination, willingness to learn, and the ability to take constructive criticism to sharpen your skills and develop new ones.

Open to assist and provide value in any way I can. 

Thank you.

 I would not limit yourself to wholesaling. 

I would recommend getting your real estate license. 

Add agent work + wholesaling and you are now a DEAL FINDER.

Every deal you find should be put through a channel of "what is the best outcome for this deal"

Should I wholesale it? BRRRR? Renovate and sell? Wholetail?

Every deal you come across should run through these questions. 

You can do deals with no money. You don't have to just focus on wholesaling. You are limiting yourself to one aspect of RE. If you find a deal that will make the most sense as a renovation and sell and you don't know where to start...partner with someone that has money and expertise! 

Owning real estate is one of the most powerful ways to build wealth, and with owner finance and subject to agreements, it doesn't have to be a difficult or complicated process. You don't need a great credit score or a lot of money as a down payment; it's all about taking action and asking the right questions. Real estate has proven itself time and again as an invaluable tool for building generational wealth - take advantage of this opportunity today!

 Looking forward to it! I am happy to answer any questions you might have! Don't let anyone else's negativity discourage you. There is nothing wrong with wholesaling. I wholesale all the time, there are good deals that are too far away or need more work than I'm prepared to deal with or would make better rentals than flips and buy and hold is not my cup of tea. There will always be people out there saying you can't or shouldn't do something. Brush off that negative energy and keep moving forward. 

Your best bet is to get a job in real estate and learn while you earn. If you want to wholesale go work for a wholesaler and earn commissions, learn how to do it, then go out on your own when you're ready. 

For every successful DIY wholesaler on here there are hundreds who have tried and failed; the difference is they don't run to the internet to post about it. Mixed with the online gurus and the internet has become an echo chamber of wholesale success, when in reality the opposite is true... 

 A deal worth wholesaling is a deal worth keeping for yourself