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Updated over 4 years ago on . Most recent reply

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Jamal Moore
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14
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hello, my name is jamal.

Jamal Moore
Posted

I am currently in the construction field as a countertop installer in minneapolis And I am really wanting to get started in this whole real estate business. Primarily focusing on wholesale. I would love to meet with some people so I can really learn the business.

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Daniel Anshus
  • Realtor
  • Bloomington MN (bloomington, mn)
260
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438
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Daniel Anshus
  • Realtor
  • Bloomington MN (bloomington, mn)
Replied

@Jamal Moore Welcome  to  BP! I can definitely introduce you to a few  reputable whole salers, but everytime I connect a hopeful wholesaler they just tell them to go read books and  joing certain groups. So I will just copy and paste what they tell them.

1. Refer them to get to MNREIA meetings and if MIFG meetings start up again to do that. MNREIA has a one-time free monthly meeting pass and also offers a 3 hour wholesaling 101 class every single month and they are both live. I think to sign up as a member of MNREIA is $197/year - you will get a lot of benefits including a full binder of contracts for different real estate transaction scenarios. If they don't want to become a member and just take the wholesale class, it is $99. Here is the link to become a member and the benefits: https://www.mnreia.com/MembershipInfo.aspx

2. Another resource I would suggest is COREE, Cincinnati Ohio Real Estate Investors Association, where you can join as an online member for $25 per month and have access to attending all of their meetings. Vena Jones Cox, is the founder of COREE and has been Wholesaling for over 20 years. Monthly online events included in this membership are a wholesaling focus group, creative financing focus group, landloring focus group, retailing focus group, note buying focus group, two main meetings and more. I have had this $25/month membership since March and am blown away by the education and resources available. She also offers wholesaling courses for people to take online. There are hundreds of investors all over the country plugged into this REIA because of the knowledge and resources Vena provides. *Here is the link to get signed up and you can also explore other pages to see the events calendar, etc: https://www.centralohioreia.com/MembershipInfo.aspx 


3. Read this book: If You Can't Wholesale After This: I've Got Nothing For You by Todd Fleming. It covers a general knowledge of wholesaling and eliminates a lot of fears or questions. Great read! https://www.amazon.com/You-Cant-Wholesale-After-This/dp/1979137641

I am happy to be a resource and chat with them on the phone so feel free to give them my number, but I would suggest letting them know of local events going on where they can gain further knowledge and network with other investors along with plugging into other online resources available.
I am speaking from past experience- when I have made time to physically sit down with people who are "interested" in wholesaling, none have ever fully pursued it so essentially I realized it is not a good use of my time. I first refer them to the resources above and if they have utilized some or all of them, then I will consider meeting in person to chat more.

  • Daniel Anshus
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