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Updated over 11 years ago on . Most recent reply

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George Kozlov
  • Silver Spring, MD
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Hello from Maryland!

George Kozlov
  • Silver Spring, MD
Posted

Hello Everyone!

My name is George. I heard this place was a great resource. I'm taking some classes next week in real estate investing. I'm hoping to be back here soon asking for advice on my first deals.

I'm very motivated to become a very successful wholesaler. However, I do not have a car of my own. I'm hoping to use public transportation/biking to commute to find deals. I'm curious if anyone has done the same before?

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Mary B.
  • Real Estate Investor
  • Lansdowne, PA
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Mary B.
  • Real Estate Investor
  • Lansdowne, PA
Replied

You can use the MLS if you choose. Thats one of several ways to secure deals. Only thing is you want to make sure its an old MLS since those are likely deep discounted properties. There are short sales and other distressed houses on old MLS. A new list is retail properties which won't leave much room for you to profit. You need motivated sellers. Sellers are motivated when there is a financial issue, vacant house, they need to relocate 5 states away or the house hasn't been updated since the reagan administration. Get an investor friendly realtor to confer with....

Kudos,

Mary

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