Getting Into Wholesale What Should Be My First Constructive Step

[Michael Flanagan]

Should I connect with cash buyers prior and how do I go about doing that. Is virtually wholesaling more intensive than local market (I'm based in Atlanta, GA). Any knowledge I should particularly get familiar with I've been learning the vocabulary and language of wholesaling and investing in general. Looking to fund my first deal so I can embark on financial freedom just do not have the funds by any means. Been venturing in entrepreneurial endeavors now to fund a deal (SMMA) or creating a RE Photography Model of business. If I can get myself into a single family 5-6 bed in the Atlanta region with a good walk & bus score located near highly populated retail and commercial areas. To occupy travel nurses, consultants etc. Will be renting by the room and fulfilling my agency and wholesale deals while obtaining cash flow, equity in the property and having more time and financial freedom. I'm just my FIRST DEAL AWAY.

[Michael Dumler]

@Michael Flanagan, if you're not going to wholesale full-time, don't pursue it at all. Wholesaling needs to be treated as a full-time business, not as a hobby/side hustle. You can simultaneously connect with cash buyers and source for distressed/motivated sellers at the same time. One does not necessarily have to happen before the other. Local meet-ups are mostly likely going to be the surest way to network and connect with legitimate investors. You can also try to go about it online by adding value on real estate platforms but an in-person connection is better in my opinion. Hopefully, you're sales oriented, otherwise, I advise obtaining W2 employment and house hack your first deal. Probably not the advice you wanted to hear but it's the reality of this business. Good luck!