All Forum Posts by: Stephen Morales

Well depending on where their assigning contracts, they may need to hold a license. 

For example, IL you can only do one wholesale deal a year and you must be licensed to do anymore than that. 

But from what you're posting about it sounds like you're tired of agents not being open minded to wholesalers. I mean I used to think that way, but perspective changes. I think the biggest issue is lack of transparency from the wholesalers. I think agents should be more open minded to work with wholesalers. The ones that can put their ego aside end up expanding their network and unlocking more opportunities.

Hi @Xavier Soares, 

Welcome to BPs! I'd say getting your license is a solid start especially for establishing a baseline understanding of the space. 

If you're ever interested in getting into wholesaling feel free reach out to me. I'd be happy to show you some workflows, apps that worked for me and happy to answer any general questions you may have. 

Good luck on your journey! 

Quote from @Matthew Amore:

Hello, all, my name is Matthew Amore, I am currently a real estate agent in the Milwaukee County area of Wisconsin. I am looking to network and to learn about investing in properties. I am also looking to learn more about the real estate world. Please feel free to reach out anytime. I would love to connect with everyone and learn more about this amazing industry. Looking forward to speaking with you. 

Hi @Matthew Amore,

Welcome to the club! I actually have a wholesale contact that works some deals out of Milwaukee. Let me know if you want me to connect you with them. 

Good luck!

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Quote from @Pablo Kursón López:

Hi Stephen @Stephen Morales !

There is more investors in market 2 so I will go with that one.

Thank you very much! I am very eager to start working in this field.

 Great minds think alike!

Hi @Mark G.

There are definitely some Fresh ones around here alright...

I will say this, there are softwares out here that do it for free with no subscription. 

Most are using the same databases so sometimes it's not even up to the provider but up to when the county sends in their data. 

Most generic property info is updated daily though. 

Quote from @Kaustubh Jadhav:

Quote from @Kieron Osullivan:

respond privately if you like

 im looking to skip trace leads I already have

If you look close enough around here...you can find some great providers. 

In addition to using BPs look into joining FB groups local to you as well as attending local REIA events.

Quote from @Solomon John:

Hi everyone,

I’m new to wholesaling and looking for an experienced mentor to guide me through the process. I’m eager to learn, take action, and build a successful wholesaling business, but I know I can’t do it alone.

Here’s what I’m offering:

• Commitment: I’m ready to put in the work, follow your guidance, and take consistent action.
• Compensation: I’m willing to pay a fair fee after I successfully close my first deal. Once I’ve seen real results, I’d like to continue paying for your mentorship as I grow my business.
• Gratitude: I’ll be incredibly appreciative of your help and will credit you for helping me get started.

Here’s what I’m looking for in a mentor:

• Someone with proven experience in wholesaling (especially in [insert your target market, e.g., the UK or a specific US state]).
• Guidance on finding motivated sellers, analyzing deals, and building a buyers list.
• Help with contracts, negotiations, and closing deals.
• Honest feedback and accountability to keep me on track.

If you’re willing to take me under your wing and help me close my first deal (and many more after that!), please message me or reply to this post. I’d love to chat and see if we’re a good fit.

Thank you in advance for your time and support. Let’s make this happen together!

I would be open to connecting with you but not be a mentor. If you want, I can literally put you on the path to getting your own deal. It's up to you whether you want to follow the advice and put in the work. You can always reach out if you have specific questions heck if you make a post on BPs plenty of people will be glad to help if you ask for specifics. 

1.) It is 100% realistic and sustainable as long as you reinvest in your business. You are going to suffer for quite a bit for before you can really turn this into a well oiled machine. 90% quit before they ever get there. 

2.) Make sure you get your license if it is required by your state. As a beginner wholesaler I would be careful texting through SMS campaigns. Getting fined is a game ender for you. 

3.) Depends on your budget and which strategy you want to go with. If you are going to call be ready to do it every waking minute you are not in school and working within allowed calling hours. 

4.) That there are a lot of Buyers that turn out to be just daisy chainers, setting realistic expectations on the amount of calls that need to be done to see success.