Considering wholesaling as new investor

[Jesse Rodriguez]

Hey all,

I’m a new investor. I have one duplex which I’m househacking. I have very little capital left after this place required a lot of rehab. I was reading about wholesaling and that no capital is required. This is something I would like to dip my toes in. What advice do you have someone who wants to venture into wholesaling. I presume I need to be good finding deals and connecting well with others? Thanks for the feedback.

[Gabriel Starms]

Hey Jesse! 

Congrats on the house hack, I'm also dipping my toes into the wholesaling niche as well only about a week in. From a newbie perspective, overall I'd just recommend immersing yourself in wholesaling content, understand how to run comps, how to pull lists, and ultimately stay consistent. For best results I'd look into setting aside some capital for some software although you don't necessarily need money to begin it will give you an accelerated timeline on the likelihood of you finding a deal! 

Best of luck, I'm in Fort Lauderdale but feel free to reach out to me if you have any questions. If after you research and DO decide to go all in, lets hold each other accountable.