New to Wholesaling

[Tashina Badgett-Thomas]

Where should I start with wholesaling in Seattle? Education? Software?etc?

[Michael Haas]

@Tashina Badgett-Thomas I would start networking with Wholesalers and Investor agents and see if there is an opportunity to partner with them, or take a job with their team to "Learn While You Earn". 

For a beginning wholesaler, I would expect to spend $1,500 a month on marketing and get your first deal in month three. I think the advice to join a team and learn while you earn is good no matter what, but it will be essentially if you can't afford to have $0 income and $4,500 expenses over the first three months. It takes a long time to see results in this business, which is why 95% of the people in your shoes will quit before they make real progress towards their goals. Its also why the folks like us and other investors do so well, because we were willing to put in the work and grind out the tough years to be in a position to enjoy the results later.

You didn't mention this, but if you're thinking about wholesaling part time don't even bother. It is a viciously competitive market, and if you want to go toe to toe with the big guys spending $1 Million a year on direct marketing you need to be putting at least 40 hours a week into this business; when you're new, time and energy is your only advantage!

Happy to talk about this more, feel free to hit me up.