What am I doing wrong?

[Ameer Little]

Hey BP Fam,

I’ve been in real estate for over a year, but I still haven’t closed a deal. My original plan was to wholesale and use that money to invest, but since I haven’t closed a wholesale deal yet, I’m stuck at a bottleneck.

Right now, I really want to focus on tax deed investing — buying properties at low cost and flipping them for profit. I did manage to purchase land already in Georgia and flip it for a profit so I know I enjoy tax deed investing. My challenges currently are:

• Not having much starting capital since wholesaling hasn’t worked out yet.
• Not knowing which markets are best for buying and flipping tax deed properties affordably.

So I’d love some advice from investors who’ve been there:

• What’s the best way to break into tax deed investing without a big budget?
• Which markets are the most beginner-friendly for this strategy?
• Any creative strategies or partnerships you’d recommend to help me finally close my first deal?

Appreciate any guidance — I’m determined to get moving forward this year.

[Basit Siddiqi]

Wholesaling is one of the hardest activities that I can think of.

A) You have to find people who are in distress or a property in distress.
B) You have to convince said person to sell the property to less than it is worth
C) You have to convince another person to purchase the contract from you
D) You have to coordinate between the seller and buyer a date to visit the property to do due diligence
E) You have to explain to a title company what you are doing and how you should get paid

If you are good and can build systems, it can be a lucrative way to make money. I just don't think its write for 95% of people

If you tried this for a year and it hasn't worked, you may want to give it your all and try one more time but have the understanding to walk away if i doesn't work out.

Regarding a market to pick, why not continue in Georgia. If you made it work once, you can prolly make it work again.

Best of luck!