Forums » Wholesaling Forum » Where do i begin in wholesaling?

Where do i begin in wholesaling? 12 posts by 6 users

Jason A.

Real Estate Investor
Avondale, AZ

Posted: 08/11/2008 at 08:21PM

Sup BP, i just moved out here to arizona and my question is where do you begin first in wholesaling? i found that from the average salary, single and married couples could afford houses around 140k - 249k, which would be a 3/2 house. Now that i know this where do i find these houses?

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Jason C.

Real Estate Investor
Katy, Texas

501 posts

Posted: 08/11/2008 at 10:03PM

If you are new to the area do some online research. Also, drive around, a lot. I know that sucks with these gas prices but driving around looking at the real estate is a great way to learn the area.

Also, find a local REIA and start networking and ask them where these places are.

Also, as to where you begin in wholesaling, wow, very loaded there, I would reccomend spending a good week going back through the threads in this forum. You will learn A LOT from these posts from people who do it all of the time.

Rodel M.

Real Estate Investor
San Bruno, CA

30 posts

Posted: 08/12/2008 at 12:04AM

Jason, you came in the right place if you really do want to start a wholesale business. I am also new in the business and I got started in here just as stated by Mr. Jason Cummins. I drive around a lot myself to get to know the kind of houses I have in my area and the neighboring cities.

When I see a house for sale with realtors, I call the number and ask them a couple of questions like "how much is the selling price", "how long has it been in the market" and the typical detail of a house like number of bed/bath, etc. This way I can get a feel of how the market is going in a certain area of my neighborhood.

And REI clubs are a great way for other investors to know who you are in the business and network with them. Read up in "Real Estate Marketing" forums also. I got a lot of good ideas to incorporate in my business. I'm just starting so I've yet to actually get the ideas going and tally its effectiveness in my market. It's a great business!!

Edited: 08/12/2008 at 12:11AM by

Jason A.

Real Estate Investor
Avondale, AZ

66 posts

Posted: 08/12/2008 at 01:59AM

awesome guys thanks for the advice!

Jason A.

Real Estate Investor
Avondale, AZ

66 posts

Posted: 08/12/2008 at 01:37PM

How would i go about getting a notice of default list from the county accessor in my area?

Jason C.

Real Estate Investor
Katy, Texas

501 posts

Posted: 08/12/2008 at 03:09PM

I am not really sure since I dont use them, but I believe you can get them from a title company in the area.

Just try to give one a call.

Villa 4.

Real Estate Investor
MD

1 post

Posted: 08/15/2008 at 05:10PM

good luck to you !

Jason A.

Real Estate Investor
Avondale, AZ

66 posts

Posted: 08/15/2008 at 09:38PM

thanks Villa!

I went driving through neighborhoods yesterday areound phoenix and found a couple houses. Out of the 4 houses i found 3 of them had realtor signs in front of them. My question is it possible to acquire these properties through a realtor and wholesale them?