New to BP and wholesaling, please give advice!

Oklahoma City, Oklahoma
Wholesaling
11moFollow

New to BP and wholesaling, please give advice!

Drew Fraser
Member since 2025 · 3 posts · 3 votes

Hello,

My name is Drew, I recently moved to the OKC area (from Tulsa originally), I've been seeing a lot of videos and getting into the wholesaling market, but nervous to pull the trigger and get under contract for the first time... I'd love to start connects with those who are successfully doing so! Please leave any comments, ideas, advice, stories, etc below!

Thanks,

Drew

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Most Popular Reply

Rhett TullisBusiness Member
Property Manager · Oklahoma City, OK · Member since 2013 · 1k+ posts · 617 votes
10mo

There are some good wholesalers in the metro why not connect with one of them and try working with them for a bit while you learn the ropes?

[email protected]405-283-6522
Integrity Oklahoma
WebsiteView Page
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  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    11mo

    @Drew Fraser

    hello.  can you house hack instead?  wholesaling is tough.  it's not as easy as it's made out to be (is anything)?

    and i think you're right to be hesitant - i would not put a property under contract and then just hope you're able to assign it.  that is such a disservice to the seller.

    i also believe there are new laws in effect in Oklahoma on wholesaling making things much more strict.

    hope this helps.

    1Reply
  • Gabe Waldrep
    Investor · Argyle, TX · Member since 2014 · 112 posts · 73 votes
    11mo

    Hi Drew,

    Congrats on taking the first step. Like Nicholas said, wholesaling can be a tough industry, especially in today's market. And Oklahoma did pass laws a few years ago regarding wholesaling. I would suggest finding and teaming up with a local real estate agent who deals with investment properties so you can work with a licensed person and stay out of the state's crosshairs.

    With that being said, I'm a buyer in the OKC and Tulsa markets and have a few contacts up there. I'd be happy to chat about that market and how we can help each other, and I'd love to be one of your first buyers as you build out your list and get things moving forward.

    When starting out, it can be good to have a few trustworthy buyers that you can bounce numbers off of to be sure you are contracting a property in the right price range and not leading the seller to a dead end. It's kind of like reverse wholesaling. 

    Feel free to reach out, and I wish you all the best in your endeavors!

    2Reply
    • Placeholder Placeholder
      Member since 2025 · 1 post · 0 votes
      10mo

      @Gabe Waldrep hello i'm 17 and trying to get into something i heard wholesaling and ik that only around 50-60% of ppl do it or a little less make it and it's hard but idk what to start with as someone who just graduated and trying to be self owned 

      0Reply
    • Drew Fraser
      OP
      Member since 2025 · 3 posts · 3 votes
      10mo

      @Gabe Waldrep feel free to DM me your contact info and we can go from there

      0Reply
  • Samuel DioufBusiness Member
    Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
    10mo

    Hey Drew, what markets are you looking to wholesale in? 

    It can be a great business model, but it does take a lot of work to be done successfully. 

    [email protected]614-662-1652
    Reafco - Samuel Diouf528 Reviews
    WebsiteView Page
    1Reply
  • Oleg Donets
    Specialist · Cleveland, OH · Member since 2021 · 99 posts · 30 votes
    10mo

    @Drew Fraser stop watching and start doing...

    1Reply
  • Rhett TullisBusiness Member
    Property Manager · Oklahoma City, OK · Member since 2013 · 1k+ posts · 617 votes
    10mo

    There are some good wholesalers in the metro why not connect with one of them and try working with them for a bit while you learn the ropes?

    [email protected]405-283-6522
    Integrity Oklahoma
    WebsiteView Page
    2Reply
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