Updated 6 days ago on . Most recent reply
New Investor, Ready to learn and stop spinning my wheels
Hello BiggerPockets community!! My name is Kidany. I hope everyone is doing well. I am here to learn how to start a real estate investment business. I am trying to start with wholesaling real estate and eventually get into something more passive. I am still new so I'm still trying to figure things out. I've been at it for a year and I still feel like its a struggle.
I am based out of New York City and I plan to invest here and if possible, in Florida and Texas to start off. My plans are to start a wholesale business as soon as my efforts allow. I first got interested in real estate investing because of my better half, she always spoke to me about passive income and building a financial wall for our family through investments, so here I am jajaja.
I guess my first question to the community is how did you guys build your real estate investment business? or wholesale business? I do not understand how to make it work. I have been trying for a year and have not gotten any luck. I get close but then sellers back out. I feel like there hast to be a better way but my knowledge is limited. I have tried very expensive courses but they talk a big game and just leave you in credit card debt. Looking forward to seeing this communities replies. Thank you all!
Most Popular Reply
#2 All Forums Contributor
- Specialist
Kidany, keep it simple and consistent. Pick one market to own first, define a tight seller list (pre‑foreclosure, code violations, tired landlords), and commit to a daily pipeline: pull leads, call or text with a clear problem‑solver script, send offers same day, follow up weekly. Build your buyers bench now by meeting active flippers and hard‑money lenders, collecting their buy box so you reverse engineer offers. In NYC, stay compliant by marketing your equitable interest, not the property, and use an attorney-reviewed assignment/option. Track everything in a sheet, measure contacts to contracts, and iterate your script, not your strategy. This week: choose your zip focus, add 100 targeted leads, have 20 real seller convos, and book two buyer walkthroughs. Momentum beats another course.