I’m still focused on wholesaling at the moment, but my goal is to eventually acquire rental properties of my own.

.: Quote from @David Lecko: Quote from @Mike Montanye: I have been researching wholesaling as an investment option.

Welcome to BP Jared and good luck wholesaling!

Hi Bryce, are you still wholesaling in this area?

Hi im new, I recently turned 18, and I im asking for someone who is experience enough or wants to be of help for me to start wholesaleing. I have lots of questions.
Please DM on here

Your idea to begin with wholesaling and then expand into rental properties is exciting! 

Used what I know from wholesaling to come up with the estimations The numbers is used are based on a these assumptions:- Cost to build* (2024) = 150/sqft National average, 141/sqft Tennessee Average (Source: Houzeo  https://www.houzeo.com/blog/how-much-does-it-cost-to-build-a-house-tennessee/#:~:text=The%20average%20cost%20per%20square,idea%20of%20the%20construction%20costs.)- All in Cost = Cost to build * Square foot  - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost   accounts for agent fees and closing cost- Initial List Price = Sales price + 10%      A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.

Flipping properties, commonly called “wholesaling” can be done ethically, legally and successfully.  

Hi BP community,I’m relatively new to wholesaling and currently have two properties under contract with the owner.

If you build your investor network while working on wholesaling skills, when you find a real deal you can sell it for a profit.