My name is Victor, I am 23 years young, live in Mobile Alabama and I'm new Dreamer wanting to be financially free. I will eventually build a business in Real Estate.
I currently have little money so I am looking into wholesaling. I've listened to audio books, podcasts, youtube videos and I want to say I have my head wrapped around it alright.
If there's anyone near me looking to help someone new out that would be great. Maybe you once recieved help starting out and you are looking to pass the favor on as will I. Any advice would be greatly appreciated. If you have a story of your own to share I'd like to hear that as well. Thanks in advance!
Welcome Victor. Do a search on BP and see if there are any local meetups in your area, as they're a good place to meet people and begin learning. Also, listen to the podcasts on BP and read the blogs. There's a lot of information right here. Good luck.
I do not have experience wholesaleing, but it can be a touchy subject on this site with the rockstars in real estate. Also it's a lot of work and I think a complex strategy.
If financial freedom is what you're after, are you buying rentals?
I saved $10000 in one year on a low salary. And put up half a downpayment with my fiance. Maybe you can get a second job or look at where you can cut your living/other expenses? I'm 25
@karen thanks I will look into it. I work two jobs 6am-830pm so hopefully I find some on the weekends.
@Josh I am currently working two jobs. I have a ton going on with court stuff and tickets that are an outcome of a bad decision I made. I am working on saving when I can. I'm shooting at it from two angles to earn some capital. I want to do wholesaling because of the great gains I can. I am not afraid of a lot of work nor am I afraid to learn a complex strategy. I can get more capital wholesaling in a year I believe than saving at the moment.
Yeah saving your way to financial freedom is going to be a really long, tough road. Educate yourself on learning to use other people's money.
@Ian yes I'm reading up on that as well here and there. I would still need a small percentage of my money if I use others peoples money also. I'm saving money until then.
Welcome to the BP family! Good to have you here! Here are some recommendations for you:
Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/
Wishing you the best!
@Dmitriy Thanks for the links, checking them out now
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