I am interested in learning wholesale

[Rebecca Dominguez]

Hello my fellow BP friends I would like to know where do I start to learned wholesale ? And all that I need to learned, I love this site so much information Thank You Rebecca 

[Bill Gulley]

Why? Do you think that's the place to start?

You will need to understand how to value properties, you won't know if you have a good deal without valuing the place. To do that, you need to understand the basics of RE, no guru teaches that. You also need to understand your market, they don't teach that either.

If your buyer is a landlord, you need to understand the rental market to value the property to your buyer, if your buyer is a fix and flip guy, you need to understand construction costs and be able to show that the improvements are worth making.

Reading forums and going to podcasts is not an education in real estate, it's information about how to move real estate, strategies don't teach you how to value a property, don't teach market analysis, don't teach how deeds are used, don't teach how Realtors get involved or even the risks involved in transactions, all that is bypassed in the sizzle factory.

Learn real estate first, after you do, you'll probably see that just wholesaling is not the place to start out. Save your money from buying guru books or programs, spend about $25 for a text book like Mastering the Principles of Real Estate off Amazon, it's a text used by agents preparing for the RE examination to become an agent. That has the basics of real estate that you need to know to be a real investor.

After you get the basics, then you can read about how to push a rope or flip a contract. :)