Cheap properties in Milwaukee are fools gold (especially for OOS investors, people literally will scoff at a rough listing and then someone will say: eh, someone from CA will buy it..)

And even here, you still need to be "active" to research who you are lending your $$ to, and due diligence on the deal itself prior to investing your money.

I’ve been researching a lot about the basics, but I know there’s so much more to learn, especially from those who’ve been in the game for a while.I’d love to hear from experienced wholesalers about their journeys and any advice you have for a complete beginner like me!

I spent an extensive time researching companies before getting in to multi family and BAM is definitely at the top of our list.  

But, I don’t think that should be a very high bar for you especially if you are already studying and researching this at 18 years old and you don’t plan to buy anything until 2-3 years from now at the earliest.

It takes into account cash flow, leverage and amortization, depreciation and tax advantange, and appreciation.A property with great cash flow but minimal appreciation might not be the best return for money and effort.A property with negative cash flow and double digit appreciation can be a gold mine.A property with sucky cash flow and very high leverage could still be a great investment if the leverage is low interest because of amortization.The two biggest questions I challenge my clients to ask are not about performance (The IRR gives a definitive picture of that). 

Upon going to their website and researching further, it appears it's a hedge fund that buys discounted mortgages and supposedly tries to let homeowner's stay in their homes (and obviously make a profit) in doing so. 

Of course, you would need to do your own research and due diligence when purchasing a company but perhaps that's a way to get involved in the trades in the owners seat.

My thought Scott since BP is basically the gold standard with their training courses and we know how popular wholesaling is for beginners and BP having a lot of those starting their journey when you have your training events and such you separate BP from on line Guru's that will just tell you wholesaling with no rules is legal in all states.. which its clearly not.

I was running an sms campaign through an overseas assistant, but I've been researching AI sms marketing platforms that actually handle conversations from beginning to end, qualifying and disqualifying leads.