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Updated over 8 years ago on . Most recent reply

User Stats

688
Posts
367
Votes
Elbert D.
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
367
Votes |
688
Posts

Wholesaling partnership

Elbert D.
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
Posted

Hello BP,

I am trying to get my real estate business started. I want to start off wholesaling first then go into buy and hold rentals. I do not have a home yet. I have read about the issues people have with wholesaling but I am a very persistent person and have a lot of passion for anything that I get involved in.

I am located in Chicago and I would like to partner with someone who has done wholesale deals, can anyone mentor and assist me in getting started with my goals. I am not a taker or anyone that takes advantage of people. I believe in giving back to those that help you. I would really appreciate it, thank you 

  • Elbert D.
  • Most Popular Reply

    User Stats

    98
    Posts
    46
    Votes
    Rapy Narruhn
    • Vancouver, WA
    46
    Votes |
    98
    Posts
    Rapy Narruhn
    • Vancouver, WA
    Replied

    @Elbert D. Welcome to BP, 

    I would research local investors in the area and just ask them out to coffee. If you haven't read the book by Dale Carnegie, "How to Win Friends and Influence People," I highly recommend it. That's how I got started. Asked them out to coffee and followed the same practices that the book spoke about. Most of the books and seminars you will watch, if they are honest and passionate about what they do, they will preach that the value of wealth is giving. Another route is just to join your local REIA group and network there. It will probably cost you $150-200 but it is well worth it. Plus you can write it off on your taxes when tax season comes along.

    Best regards.

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