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Updated 21 days ago on . Most recent reply

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Jonathan Waluyo
  • Wholesaler
  • Austin, TX
2
Votes |
3
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New to wholesaling

Jonathan Waluyo
  • Wholesaler
  • Austin, TX
Posted

 I'm new to wholesaling and motivated to learn more about the system & market, i've got most of my homework done on the technical side. yet alot of questions still pop up in my head of which i think only experienced wholesalers who have gone through the process can answer:

- should i immediately wholesale as a business (LLC & creating business contacts) or start without it?

- realistically, how often do deals actually close? especially when starting out.

- should i really be using all these tools with paid subscriptions?

also just general advice on how to be able to gain trust from both buyers and sellers

If anyone's open to sharing advice let me know! I'm willing to learn and connect.

Thank you!

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Replied

Welcome to wholesaling Jonathan! When I was first starting out I immediately registered with the state to get my LLC. I hadn't even closed a deal yet and was still paying for the formation costs. Looking back, I'd say hold off on that until you're actually generating some revenue in this niche.

As for how long it takes to close a deal, it really depends on several factors — your local market, how strong your closing skills are, and how disciplined you are with follow-ups. The follow-up game is where most beginners lose deals without even realizing it.

For the paid subscriptions question, I'd recommend starting with an affordable CRM like Mr. Curiel mentioned below. The key is making sure you can properly track and organize your leads from day one. Hope this helps!

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