El Paso, TX · Member since 2017 · 3 posts · 2 votes
Hello everybody,
I'm very new to Real Estate Investing, I'm being told by others the best place to start is Wholesaling until I learn it without question before venturing into other areas of real estate. I have yet to do my first deal and I don't know how to go about it properly. I have a lot to learn and am all to willing to follow instructions and guidance from someone who would be willing to help me get off the ground per se. I have been reading lots of material about Wholesaling from several different people that have been in the business for years yet all the information I have been reading is jumbled in my head, trying to sort it all out has been quite troublesome for me, just being honest, thanks.
You have come to right place to start piecing together your real estate investing career. I think wholesaling is great place to get some exposure to real estate without much capital and risk. You can always back out of contract if you can not find a buyer and you do not need any money to call Craigslist adds and go knock on doors.
However, I never did any wholesaling and have jumped straight into commercial real estate after managing a few SFH rentals that I had. After a year of learning the business and networking I am about to close on a partnership deal of 11 units in a great location.
The best advice is to join a real estate investment club. Your city should have one or you should start one. That is the best way to meet people familiar with your market and can help you get started. This site is a great place to start, but nothing beats finding people actually doing wholesaling in your area.
If you have any questions feel free to reach out to me.