All Forum Posts by: Tyrell D Bradshaw

@Braden Smith Thanks! I will look into these.

@Will Barnard Thank you for your advice! I’ve been working for free for a wholesaler in my area doing some cold calling, putting out signs, etc. I’ve learned alot in the few months I’ve been doing it. I want to wholesale but aI also just want to use private money and rehab properties to rent. I’m trying to find a common ground between the two.

@Joseph Back Whats a CMA?

@Will Barnard So what path would you suggest, for someone interested in starting out in real estate, with not enough capital to work with. And whats the best way to learn about accurately pricing rehab costs? 

@Christopher Petrillo how do you wholesale virtually? 

I suggest that you work with a wholesaler first. I’m currently doing it and I’ve learned more about knowing my numbers with him than I’ve learned from YouTube and reading. I’m doing some cold calling and I’ve even went to look at a property. Find a mentor. 

Find a mentor! And read... and when you think you’ve read enough...read more. Try to find work working in real estate (leasing agent, property Management etc,) I’m just getting started too so I know how you feel man. 

maybe split the 25K (for personal family emergencies and the property) and look for a partner or other ways to finance the rest? 

After reading Scott Trench's "Set for Life" and learning about setting up a financial runway, I would say the 25K is that. If it were me, as long as I have a few grand for emergency situations saved as well then it sounds like a great choice to use the money. BUT, if you dont have the emergency money saved then I would say its a huge risk. Still a great deal but a huge risk to your personal finances.......But its a good deal lol 

@Abraham Anderson Did you have any trouble jumping straight into managing several doors at once when you started? What helped you ease the pressure of owning that many units at one time?