All Forum Posts by: Sandra Sanchez

@Jessie Dillon Thank you!

@Uzziel Cortez Thank you for your incite! I've been nose deep in YouTube videos trying to prepare myself for that first initial phone call. Because it feels like you have to secure a seller and buyer essentially at the same time, having those conversations and almost playing ping pong with both parties is NERVE-RACKING for me.

"A good deal is a property that you have done due diligence on and have run the numbers on to make sure it will fit a sound investment strategy." Truly is KEY. I signed myself up for PropStream and I'm in the process of creating my "lists" in order to analyze specific properties to then bring to investors. There are so many keys pieces with wholesaling, it gets to be overwhelming when you put so much time into analyzing every detail. It's also hard to know when you're ready for something you've never done, BUT after doing all the research I've done and will continue to do, its important to finally take a risk and learn from whatever the outcome may be.

I will be looking into Air DNA and Reventure APP because those are tools I'm not familiar with. Thank you for sharing with me!

@Don Konipol Thanks for the response.

1. Like I said in my post, I am planning to use the capital I get from wholesaling to invest in a property down the line. I also explained I was using it as a tool to invest. I've done extensive research on what wholesaling is, thank you.

2. I have FREE access to the MLS because of my license, which is why I mentioned I was an agent. Not "everyone and their brother" is an agent or broker that has unlimited and free access to the information found on MLS. I am a new agent that is currently not working under a brokerage. I am focusing my time on my investing journey, therefore I am not representing anyone or acting as an agent when wholesaling. Regardless of that fact, I am well aware of my duty as a Real Estate Agent and the duty that I have to clients when entering that business relationship. The goal is to work with motivated sellers whose number one priority is to get rid of their property, not to low ball sellers to make a quick buck, or mislead them into a deal that doesn't benefit them.

If you have any incite on the questions I have (the reason for this post), please feel free to respond. THANKS!

I've decided to start my Real Estate Investing journey with Wholesaling. After deep-diving into research about what wholesaling is, I've realized if successful it could be a great gateway to acquire the capital I need in order to buy other properties in my market. I am a real estate agent that has access to the MLS, but I've seen through my research that the best deals are the ones off-market. I continue to find a lot of useful information on what it is to wholesale a deal but my biggest obstacle is knowing what a good deal looks like. I know that reaching out to investors is a great way to find out what they would by for cash, but I would like to do more research on my own before involving potential clients. I've made it my goal that by April 1st, I would start taking actionable steps towards sourcing and landing deals I can take to potential sellers/investors.

My question is: What makes a "good" deal and/or how do I know when I've come across a "good" deal? What are the best sites and what filters do I use to pick the best deals? My biggest fear is getting on the phone with a potential seller and not being able to articulate or persuade them to sign a contract with me. Everyone knows how hard it is to convince someone through cold-calling that you aren't wasting their time. I want to know when I've found a good deal in order to speak confidently with a potential seller. My market is in Boston, but I am interested in virtual wholesaling as well. Any incite helps, thanks in advance!

I've decided to start my Real Estate Investing journey with Wholesaling. After deep-diving into research about what wholesaling is, I've realized if successful it could be a great gateway to acquire the capital I need in order to buy other properties in my market. I am a real estate agent that has access to the MLS, but I've seen through my research that the best deals are the ones off-market. I continue to find a lot of useful information on what it is to wholesale a deal but my biggest obstacle is knowing what a good deal looks like. I know that reaching out to investors is a great way to find out what they would by for cash, but I would like to do more research on my own before involving potential clients. I've made it my goal that by April 1st, I would start taking actionable steps towards sourcing and landing deals I can take to potential sellers/investors.

My question is: What makes a "good" deal and/or how do I know when I've come across a "good" deal? What are the best sites and what filters do I use to pick the best deals? My biggest fear is getting on the phone with a potential seller and not being able to articulate or persuade them to sign a contract with me. Everyone knows how hard it is to convince someone through cold-calling that you aren't wasting their time. I want to know when I've found a good deal in order to speak confidently with a potential seller. My market is in Boston, but I am interested in virtual wholesaling as well. Any incite helps, thank in advance!

After years of falling on and off track and finally centering my focus, vigorously studying, and pushing myself towards a new career I felt passionate about, I FINALLY got my Real Estate License. For me, this was a huge feat I had been trying to overcome for so long, but little did I know what else was in store for me later on in my journey. I deep-dived into a new world and suddenly realized, there were endless avenues to explore within this industry. It wasn't until I landed on the #RealEstateRookie podcast that my mind expanded and the real excitement that came with exploring my new found passion really grew. Hearing all these "rookies" who are people just like me, talk about how they started and the risks and hard work they took and put in to achieve success is nothing short of inspiring. Listening to the podcast everyday has lit a fire under me. 

By this time next year I will have become a real estate investor and I will have reached financial freedom.

I'm excited to be a part of a like-minded community! I can't wait to connect with like-minded individuals who share my enthusiasm for life-long learning and risk-taking.