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Updated almost 11 years ago on . Most recent reply

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Julie Davis
  • Columbia, SC
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Starting out and finding your niche

Julie Davis
  • Columbia, SC
Posted

I know the advice is to start off wholesaling when you don't have a lot of capital to start investing with or so-so credit. Has anyone tried wholesaling, and NOT like it? I have a property under contract. My first wholesale deal. I'm working with a seasoned wholesaler in my area. Anyway, at first I was excited, and somehow that has turned to feeling like I just don't like wholesaling. I don't feel passionate about it in general. I've realized that fixing and flipping really interests me a whole lot more. Thinking about trying to find a seasoned investor who does fix and flips in my area. I know there can be quick cash to be made with wholesaling to help build the finances, and do other things in investing, but nothing about it excites me. Is it just me? Would I feel better if the deal closed? Maybe, maybe not. I'm starting to think maybe this isn't the right niche for me to start in, just not sure of other options. Has anyone else felt like this about the niche you have chosen to start in?

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Gerald Harris
  • Investor
  • Atlanta, GA
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Gerald Harris
  • Investor
  • Atlanta, GA
Replied

What ever you decide find a mentor who his honest with you.   There are so many aspects of real estate that can make you money.   Many of get into real estate to get out of a job.  If wholesaling feels like a job to you then find a fix and flip investor in your area and see how you can be of benefit to him.    Maybe its putting out signs, answering phones, calling on leads, visiting his rehab sites to make sure everything is on the up and up.   Ultimately find someone who is knowlegeable and honest, and trustworthy.  If you stick with him/her you will become like them.    

We all need a team to help us through some things.    

Stay Positive, you will find your niche

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