Me and my friend want to start wholesaling

Starting Out
11yFollow

Me and my friend want to start wholesaling

Logan J Davis
Wholesaler · Tampa, FL · Member since 2014 · 6 posts · 0 votes
Me my friend wanted to start working together in real estate and we're going to try to start out as wholesalers, is there any advice for someone just starting out that you could give me? Much appreciated
0Reply
27 views

7 Replies

Jump to latestLatest
  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    11y

    @Logan J Davis

    Check out THIS podcast I did, you might get a tip or two out of it. 

    Good luck

    Curt Davis - KAIZEN Realty538 Reviews
    WebsiteView Page
    0Reply
  • Nathan Paisley
    Flipper/Rehabber · Atlantic County, NJ · Member since 2012 · 514 posts · 209 votes
    11y

    Nope... 

    None here. 

    Keep moving.

    0Reply
  • Taylor Shields
    Real Estate Investor · Lake Oswego, OR · Member since 2014 · 64 posts · 29 votes
    11y

    I would seriously consider if you really want to partner with your friend. Is there anything that he is contributing to the partnership that you cannot do yourself? Can you hire out what he has to offer for 15 bucks an hour? 

    Maybe you just want to partner on the first deal or two. Most partnerships fail. If you do partner, take if for a trial fun for the first few months and then re-evaluate. 

    0Reply
  • Logan J Davis
    OP
    Wholesaler · Tampa, FL · Member since 2014 · 6 posts · 0 votes
    11y
    Originally posted by @Curt Davis:

    @Logan J Davis

    Check out THIS podcast I did, you might get a tip or two out of it. 

    Good luck

    Thank you!  

    0Reply
  • Peter MacKercherBusiness Member
    Residential Real Estate Broker · Saint Louis, MO · Member since 2014 · 1k+ posts · 567 votes
    11y

    Research in the forums using the search tab. 

    [email protected]
    0Reply
  • Logan J Davis
    OP
    Wholesaler · Tampa, FL · Member since 2014 · 6 posts · 0 votes
    11y
    Originally posted by @Taylor Shields:

    I would seriously consider if you really want to partner with your friend. Is there anything that he is contributing to the partnership that you cannot do yourself? Can you hire out what he has to offer for 15 bucks an hour? 

    Maybe you just want to partner on the first deal or two. Most partnerships fail. If you do partner, take if for a trial fun for the first few months and then re-evaluate. 

     Thank you for your advice I'll take that into consideration 

    0Reply
  • Brandon Proctor
    Wichita, KS · Member since 2013 · 235 posts · 46 votes
    11y

    Wholesaling is definitely not easy, it take hours and hours and then more hours of researching. After that it takes hours and hours of marketing (which also costs a bit of money)

    After you market the calls start to come in then it takes hours and hours of vetting prospects and then researching the houses and the neighborhoods you are getting calls about. After all that hopefully the deals start to come in.  Of course finding actual deals and then finding your end buyer. 

    I quick explanation of wholesaling in a nutshell but there is plenty of info on this site. 

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free