If an investor is a limited partner, they must understand that the gross profits will be diluted by the compensation that’s paid to the manager and should have an understanding of how much of the deal’s profits they will receive if the deal is successful.

I am a new Real Estate agent and am researching many different areas of the profession so I can determine where my characteristics/traits can be best utilized to become successful.

In the next 15 months I plan on having $90k in savings + 15k in equity, I'll have listened to all 270+ podcasts of Bigger Pockets, read through a list of 30 books I have determined critical to my success, and formed a TEAM of likeminded business professionals. 

My blindness requires that I establish alternative systems to identifying sellers and buyers, and successfully closing deals, a challenge I am ready to crush.Below are some of my goals with wholesaling.To build cash reserves.

First step to success, getting out of our own way.

I would try learning from the successful people around you first, before spending any money on a seminar put on by somebody that doesn't know this market. 

I wish you much success! 

To be successful at this you should spend a lot of hours reading, applying what you read and finding real deals.

Did you have any success with reaching out preauction, or was it all brick walls?

Has anyone figured out which has the higher success rate?