NEWBIE INVESTOR in Southern CA - Wholesaling, Buy/Flip

NEWBIE INVESTOR in Southern CA - Wholesaling, Buy/Flip

Wholesaler · Culver City, CA · Member since 2015 · 185 posts · 56 votes

Hello fellow RE Investors!

My name is Andy Cross and I'm located just outside of LA in an area called Palmdale, CA. (and I use the words "just outside" extremely loose) I am a newbie investor primarily in the Metro LA, Antelope Valley, San Fernando Valley and Santa Clarita Valley. I joined the investor clan after leaving a stressed out life in advertising/marking over 15 years. I still work freelance to pay the bills; as I'm still in the process of trying to land my first deal.

Starting out, I'm looking to wholesale contracts; just to build enough capital to be able to buy and flip. Buying and flipping is where my passion lies right now. Knowing what I know now, I realize those flipping shows on TV are a bunch of BULL. The only ones I like is "Flip or Flop" and "Flipping the Heartland," because they always add in closing costs to their calculations at the end. The rest don't - which I feel give people who aren't in the know the illusion that they are making a boatload of money, when they really aren't.

Over the last 4 months, I've tried many avenues to get deals; NOD, NTS, small direct mail, Driving for Dollars, and cold calls. I refuse to door-knock...I think it's dangerous and I feel the follow-up is a waste of time and gas. I've gotten a couple of phone calls from Driving for Dollars...but no deals made. Those vacant homeowners weren't motivated. But I do plan to follow up.

I'm here to network, and pick the brains of you seasoned investors. I'd also like to make connections with cash buyers; as I build my wholesaling business, I want to be able to shoot them over to you all.

All the best everyone...and I'll see you on the discussion boards.

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  • Long Island, NY · Member since 2015 · 12 posts · 5 votes
    11y

    Good luck, Andy. If you want more information on marketing, check out @Sharon Vornholt, @Chris Feltus and @Danny Johnson.

  • Wholesaler · Culver City, CA · Member since 2015 · 185 posts · 56 votes
    11y
    Originally posted by @Account Closed:

    Good luck, Andy. If you want more information on marketing, check out @Sharon Vornholt, @Chris Feltus and @Danny Johnson.

     Thanks so much, Account Closed I will check them out ASAP!

  • Realtor/Investor · Newbury Park, CA · Member since 2015 · 30 posts · 6 votes
    11y

    Good luck, please add me to your buyers list.

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    11y

    @Andy Cross

    Welcome to Bigger Pockets. BP is full of resources. You will find resources here from blogs to pod casts and forums. You can also send messages to members. This is one of my favorite features of Bigger Pockets especially for asking specific questions.

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