New Member from Suffolk County in Long Island, NY

New Member from Suffolk County in Long Island, NY

Centereach, NY · Member since 2013 · 6 posts · 0 votes

Hey everyone,

My name is Jose Garcia and I recently turned 21 years old. I am in a Dual Degree program at NYU for degrees in Math and Mechanical Engineering.

I have always been one of those people who don't want to end up working for someone to make them rich and I consider myself and entrepreneur since I run a couple of ecommerce sites:

www.5hpstickers.com
www.customcarcases.com
www.islandimportperformance.com

I have always wanted to get into real estate and began reading into wholesaling after someone on the "Millionair Fastlane Forum" made a post about her mentoring of others and how they didn't take action so she gave away her course for FREE so she could find people who would actually follow through with her step by step guide. I read her guide and then got started but now after reading some threads here, I see that her methods will work since they are basically the same as things I've read on here.

My Goals:
- To begin in the wholesaling niche on Long Island
- Make my first deal within 2 months after starting
- To make $50,000 within a year after closing my first deal

Steps to get started:
- I have already began building my buyers list (5 so far) but will continue to go at it before taking any other steps or even looking at houses
- I have to get a real estate attorney to look over contracts
- Find a title company
- Get my next door neighbor (real estate agent) to help me find houses

Please let me know of any tips or info that you think may be useful for someone like me just starting out.

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  • Joel OwensBusiness Member
    Moderator
    Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
    13y

    Welcome Jose to the site.

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    13y

    Welcome Jose Garcia! Wholesaling can be a good way to make some money, but you'll find that the majority of those who do end up quitting. You gotta be real determined (which you seem to be!) and have a solid plan in place. Too many people treat it like a hobby, when it should be treated like a business.

    Definitely check out these three articles on wholesaling:

    9 Reasons You Couldn’t Find A Buyer For Your Wholesale Deal

    Don’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper

    How to Start Wholesaling: Getting Past The Education and Into the Field

    Seeya around the site!

  • Real Estate Investor · Niagara Falls, NY · Member since 2013 · 65 posts · 5 votes
    13y

    Welcome to BP Jose Garcia.

  • Real Estate Investor · Smithtown, NY · Member since 2013 · 65 posts · 26 votes
    13y

    Welcome to BP! Have you been to or are you by chance going to the LIREIA meeting this Thursday in Plainview?

  • Real Estate Investor · Brooklyn, NY · Member since 2013 · 26 posts · 2 votes
    13y

    Hi Jose,

    good luck and much success. I have some tips/info. will add you as a colleague, and will email when you return the request.

    congrats!

  • Professional · Lexington, MA · Member since 2013 · 45 posts · 6 votes
    13y

    welcome to BP Jose.

  • Centereach, NY · Member since 2013 · 6 posts · 0 votes
    13y

    -Brandon Turner thanks for the links

    - Louis Vargas thanks

    - Michael Anspach I didn't even know about it. I am just starting out and I am not a member yet. I see you are in Smithtown, I am actually located in Centereach.

    - Ben Yoon Thanks, I replied to your PM/Colleague request

    - Thanks Kirk Chisholm

  • Involved In Real Estate · East Setauket, NY · Member since 2013 · 12 posts · 0 votes
    12y

    Hi Jose. My name is Stephanie Carollo and I am a realtor and investor in Stony Brook. I would love to buy from you if you find anything, not on mls. I work in Centereach, PJS, Stony Brook , Setauket, Lake Grove and Selden. We pay cash.

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