Wholesale Newbie in Hyattsville, Md

8 Replies

My Name is Jerome Young Jr. I too am a fresh newbie to real estate investing here in Hyattsville, Maryland. Currently, I am venturing into wholesaling as my intro of choice to jumpstart my new career and pursuit of time freedom. Afterwards, I later plan to learn and master creative financing techniques as my long term investment strategy. I would love any advice anyone could give.

PS., This is the best forum of real estate help I have found on the web. I really appreciate being a member of BP and thanks for any and all the forthcoming advice. I look forward to it.

Hi Jerome, welcome to BP. This is definitely a place to learn a lot about real estate investing its also good to check out the podcasts. You are not that far from me I'm in Lanham. Wholesaling is a good way to build up some cash to invest in buy and hold.

Best of Luck

@Jerome Young

Welcome to the BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

You mentioned a desire to do wholesaling and I added a guide for your review.

http://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/?utm_source=search&utm_medium=internal&utm_campaign=wholesaleguide (step by step guide to wholesaling)

https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

REI books suggested by BPers

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books


Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Welcome to BP @Jerome Young . I really like the fact that you say your pursuit is for "time freedom".  Isnt that what financial independence is really about? Having the time to enjoy our lives and other pursuits.

What is unfortunate I think for my wife, is that much of what I enjoy in life is my profession, which is real estate, therefore much of my time is monopolized by my profession.

Hi Jerome,  I'm in Clinton (although I am vacationing in Malta at the moment).  Folks at BP and in our DMV area tend to be very helpful and we all love talking real estate.  Feel free to reach out.  Best, Teresa

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you