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BiggerPockets Resources

Forums » Wholesaling » Getting educated...

Getting educated... Subscribe to Getting educated...

12 posts by 8 users

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Inspector · Alsip, Illinois


Hi everyone! Ok, say I wanted to get started in wholesaling yesterday, and am just seriously looking to get just one deal under my belt as soon as possible, for both cash and credibility. What would be the one, single course, book, cd, etc that anyone can recommend to teach me every last thing I would need to know to get running out the gate when I finish it? Something affordable is best, but I'll take any advice that the good folks here will give. Thanks! :cool:


Inspector · Alsip, Illinois


No ideas anyone? Did y'all just learn this on the hard streets, or did someone or something show you the way? :cool:


Accountant · Dallas, Texas


I have heard that Vena Jones-Cox has a great wholesaling course. Search for the Real Estate Goddess. I think she has beginner and advanced courses. I have seen them on Ebay before for pretty cheap, and all the reviews I have read have been very good.

I don't want to advertise other sites and get this removed, but there are podcasts of some of her teleseminars if you want to get a preview of what she does.

Good Luck


· Riverside, California


Dan,
Can you PM me the course info? Im interested in Wholesaling. Any site links, etc that you recommend would be great.

Thanks!


Inspector · Alsip, Illinois


Thanks Dan, I really appreciate the feedback. I feel like I'm just kind of floating in a vast ocean of information at the moment. I know way more about wholesaling now than I ever did before, but I don't feel I know enough. I've got the info paralysis :D I'll be sure to check it out.


Wholesaler · Amarillo, Texas


I would highly recommend that you spend a couple days and read through the Wholesaling Forum here on BP. You can learn everything you need to know about wholesaling, get semi-live follow up support and guidance for deals you are working on, marketing techniques, closing procedures, and everything else for free.


Real Estate Investor · Altus, Oklahoma


Originally posted by Ryan Webber
I would highly recommend that you spend a couple days and read through the Wholesaling Forum here on BP. You can learn everything you need to know about wholesaling, get semi-live follow up support and guidance for deals you are working on, marketing techniques, closing procedures, and everything else for free.


Can't beat unlimited free support on this board :mrgreen:

Real Estate Investor · Vancouver, Washington


If you want cheap...

Flipping Properties: Generate Instant Cash Profits in Real Estate (Paperback)
by William Bronchick

and

Buying Real Estate Without Cash or Credit by Peter Conti and David Finkel

from amazon used.


Inspector · Alsip, Illinois


Thanks Jeff and Ryan. Someone else had suggested Bronchick as well. I'll definitely check those two books out. The support here is great for sure. I've asked only four questions so far, and have gotten at least 20 answers. I look forward to giving back too someday. :mrgreen:


Real Estate Investor · Minneapolis, Minnesota


I see in my library Bronchick has a new one Copyright 2009 How To Sell A House Fast In A Slow Real Estate Market: a 30-Day plan for motivated sellers.


Real Estate Investor · Connecticut


Josh, wholesaling is NOT rocket-science.

#1 - Build Cash Buyers List
#2 - Market for Motivated Sellers / Good Deals
#3 - Connect the Cash Buyer with the Deal.

Does that sound difficult to you? Do you need a $5000 bootcamp to understand that?

Q: But what about title seasoning?!
A: If your reselling to Cash Buyers, there is NO title seasoning.

Q: What if no one will buy the deal?!

A: Then either your Cash Buyers are wanna-be's or you didnt get the property at a good price. IF you cant afford to buy it, then you have to look like a sleaze-ball and back out. In reality you should only need days to contact your cash buyers and get them into the property, so most sellers wont go too crazy if you back out in less than 7 days.


Inspector · Alsip, Illinois


Thanks Phil! Yeah, that's a big no on the $5000 bootcamp. I feel I can learn all I need to know for less than $1000. I tried buying the vena jones-cox program on ebay a couple of days ago as recommended to me by another investor and it's apparently a hot commodity, because I was sniped at the last minute :roll: I'll keep trying on that one. The hardest thing to me, having no experience or credentials yet with this isn't finding the deals, it's building the buyers list. The big question is, why would experienced investors want to deal with a noob with a course and a sparkle in his/her eye... :D


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