Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

Account Closed
  • Baltimore, MD
1
Votes |
3
Posts

New Wholesaler - How to Spend $500 a Month Towards Success?

Account Closed
  • Baltimore, MD
Posted

Hello,

I am starting out in wholesaling in Baltimore, MD. I've ingested loads of info from Bigger Pockets and Wholesaling Inc and have driven for dollars on my way home from work for a couple weeks. I compiled property lists using Maryland SDAT's website, uploaded them to batchskiptrace.com, and spent lunch breaks @ work cold-calling owners. No deals yet, but I'm getting over the initial jitters of calling people out of the blue.

Soon I will have about $400-$500 / month "extra" income to apply to my REI efforts. Since I am a newbie, do you recommend I:

- put this money into the Dealmachine app and have some other people driving for dollars (wife, pizza delivery guys, etc) to cover areas I'm not hitting

- turn this into a small-time direct mail campaign

- get bandit signs and put them up in the dead of night (not thrilled about this one but I'll do it if it will get me my first deal. I got kids to feed!)

- put this towards some sort of mentorship instead (that's where the $ from my first deal is going anyway)

- combination of some of the above?

- some other method I haven't wrapped my head around yet

Thank you very, very, very much for your time!  I see lots of lives changed around here and mine is next! :-)

Most Popular Reply

Account Closed
  • Baltimore, MD
1
Votes |
3
Posts
Account Closed
  • Baltimore, MD
Replied

Thanks @Ehsan Rishat I am attending my local REI's "newbie meeting" this Tuesday, so I'll ask around to see what's up.

Loading replies...