Newbie Wholesaler in the VaBeach/Norfolk area looking to Network

Newbie Wholesaler in the VaBeach/Norfolk area looking to Network

Dallas, TX · Member since 2016 · 9 posts · 1 vote

My name is Montego Germany, I'm from Dallas, TX. I was recently Honorably Discharged from the United States Navy after fulfilling my first enlistment. I am currently a student at Hyperlearning Technologies in VaBeach studying Information Technology Certifications. Thats a little bit about me anyways, I thought I'd take the leap into REI becuase its the perfect opportunity since leaving the Navy. I've been studying, articles, books, podcasting and videos for a little while now, and looking to get as much info as I can on wholesaling to jumpstart REI endeavor. I think the bigger pockets movement is a great thing, can't wait until I'm a pro member after a little bit of experience in REI. I haven't made my first deal yet but I've been networking a little everyday taking the necessary steps to take action and close my first deal. I'm an open book and looking to learn as much as possible, I'm all ears on any positive feedback. I am currently working on finding reliable cash buyers for my buyers list.

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  • Investor · Indianapolis, IN · Member since 2014 · 2k+ posts · 601 votes
    9y

    Hi @Montego Germany, 

    Welcome to the BP community! Glad to have you on here. Have you looked at The Ultimate Beginner's Guide to Wholesaling? Good place to start. 

  • Patti RobertsonBusiness Member
    Property Manager · Virginia Beach, VA · Member since 2016 · 2k+ posts · 2k+ votes
    9y

    I'm a buyer for both flips and rentals. Wholesaling is really hard now though. Finding houses that have room for two investors is hard in this market. You still have your VA, right? How about using it to buy a 4 plex? You'd live in one unit and rent the others. Just a thought.

  • Dallas, TX · Member since 2016 · 9 posts · 1 vote
    9y

    Thank you for the feedback @Brett Snodgrass I'll definitely look into making that purchase this weekend.

  • Dallas, TX · Member since 2016 · 9 posts · 1 vote
    9y

    Actually @Patti Robertson I have thought of it. I know a 4 plex where a friend stays I did the numbers and it was a great way to create some income. Thank you for the feedback. I would definitely love to talk, I'm working on finding great deals in the Hampton Roads area. I'm very patient and selective with my deals. I would like to know my buyers preferences when considering great deals, wouldn't want to irritate with deals that don't interest you.

  • Patti RobertsonBusiness Member
    Property Manager · Virginia Beach, VA · Member since 2016 · 2k+ posts · 2k+ votes
    9y

    Does that mean you are ONLY looking to wholesale @Montego Germany? If you have VA eligibility, why not consider buying a 4 plex to living in and rent the other 3 out?

  • Dallas, TX · Member since 2016 · 9 posts · 1 vote
    9y
    Patti Robertson as of right now I'm only looking to wholesale, honestly if I had the money and a way I do rental properties so I would have a constant income, I want to put my all into wholesaling because of the endless options to make money without using your own or even owning a property
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