Dallas, TX · Member since 2016 · 3 posts · 0 votes
Hello all!!!! I'm Paula, and I'm a new RE wholesaler (find deals and get them under contact then assign them out or sell) in Dallas looking to learn everything I can, provide and accept good feedback, make good connections and grow in this industry.
As of currently, I'm trying to hit the ground running and find SFH, duplexes and triplexes around the DFW area. My goal is to get 4-5 deals done a month (within DFW metro, or anywhere in Texas), so if we can connect and help each other out, then shoot me a message :) happy connecting!!!
Investor · Dallas, TX · Member since 2015 · 69 posts · 17 votes
10y
Hi Paula,
Welcome to the wonderful world of wholesaling. I've been in this business for 17 years. Wholesaling is the core of our operation.
My advice: 1. Set aside money for a marketing budget. I suggest 3-6 months to start. 2. Develop a plan and stay consistent 3. Build your buyers list by networking a minimum of 2X a week.
Feel free to contact me if you have further questions.
Investor · Coppell, TX · Member since 2008 · 2k+ posts · 646 votes
10y
Hello and wel come to BP! I a from and raised in Dallas. I am 59 years old and I found BP about 6 months ago and I am still trying to decide what to do. I really like owner financing and Fix and Flip, and tax lien certificates and tax deeds. I am looking to do something with a flexible schedule. Just be knowledgable on the market you select and the locations you select. Always do the number and make sure anything that is given to you are real. Do not try to do everything yourself. Have experienced Team members. Hire a good Inspector who will tell you things you may not have seen. If you are offering a lower price than what they are asking, try to explain to them why you offered lower and make sure they understand. If you are going to try it inDallas be ready for a lot of competition. Networking to local club members is critical. You never know who you might meet.
My father has been in real estate for about 35 years and he has taught me a little bit. Direct mail seems to.be the best wat to get leads. Do not give up to soon. Just keep on going. Be educated but understand that mistakes are regular. Most people go broke before you make it. If you think I can help you please contact me through BP at any time. Good luck!
Investor · Dallas, TX · Member since 2015 · 69 posts · 17 votes
10y
Hi Paula,
Welcome to the wonderful world of wholesaling. I've been in this business for 17 years. Wholesaling is the core of our operation.
My advice: 1. Set aside money for a marketing budget. I suggest 3-6 months to start. 2. Develop a plan and stay consistent 3. Build your buyers list by networking a minimum of 2X a week.
Feel free to contact me if you have further questions.
Dallas, TX · Member since 2016 · 13 posts · 1 vote
10y
Hi @Paula Benavidez, welcome to BP, you and I are in the same boat :-) So I'll be on here a LOT! Currently taking a course on Wholesaling...
Hello @Sandra N. I was looking over your advice as well. Your first bit of advice on the marketing budget, how much would you suggest minimum to start that would cover 3 to 6 months?
Dallas, TX · Member since 2015 · 11 posts · 3 votes
10y
Welcome to BP and wholesaling, @Paula Benavidez ! :) Great words of wisdom, @Sandra N. ... thrilled to see fellow wholesaling ladies on BP!
My advice is to always work with integrity, do your due diligence, learn how to do your numbers correctly, and slowly but surely learn how to assign contracts using different strategies.