Any tips on getting started with wholesaling as a young beginner?

Question

Any tips for wholesaling as an 18 year old??

Alan Bailey · Answer

Agreed with everything up here. There's far too many people on Youtube and IG saying how easy it is. You can easily learn the ins and outs of the business by working with other investors or finding someone to mentor you. Find a wholesaler in your area that will let you work for them and be upfront with them. There is likely one that will let you work with them or teach you what they are looking for in a deal and you can bring it to them to buy.

Rick Stein · Answer

Gain knowledge. You must know the REAL ARV (after repaired value) of the property, You must get an accurate rehab estimate and ask a reasonable price that includes your reasonable assignment fee. I mean no disrespect to you, but there are too many wannbees watching too much TV, giving inaccurate numbers to unsuspecting assignees and screwing ti up for the professionals in the business (i.e. those who know what they are doing.). I am not suggesting that you are unprofessional. But, I am suggesting strongly that you present accurate information to your assignees.

Joe Homs · Answer

@Alayssia Ray

LEAD GENERATION

• Bandit Signs
• Cold callingProbates
• Probates
• NOD’s (Notice of Defaults or Foreclosures)
• Direct MailAny list
• Any list
• Door KnockingNOD’s
• NOD’s
• Website
• Good investing...

• Probates

• Any list

• NOD’s

Any tips on getting started with wholesaling as a young beginner?

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