Real Estate Investor · Dallas, TX · Member since 2017 · 6 posts · 1 vote
Hello, I'm Anthony. I live in Dallas and I'm new to real estate investing. My focus is on Wholesaling first and later I plan to build a rental portfolio and do fix & flips. I'm looking to meet and network with experienced investors. I teach 5th grade Math & Science, so I'm looking to supplement my income thru real estate. Based on my research, wholesaling is a good way to break into real estate investing. Any advice or direction would be greatly appreciated.
@Anthony Edwards What makes you say wholesaling is a good way to break into real estate investing? It is certainly a great learning experience, but to be a good wholesaler you need to develop a large range of skills, and be prepared to spend $3-5k per deal in marketing unless you have a lot of free time to spend on the cheaper marketing alternatives.
Anthony, welcome to the club. Read as much as you can. There is a lot of information here at BP. Also, there is plenty about wholesaling on youtube. Another good idea is to join your local REIA, good luck.
@Anthony Edwards What makes you say wholesaling is a good way to break into real estate investing? It is certainly a great learning experience, but to be a good wholesaler you need to develop a large range of skills, and be prepared to spend $3-5k per deal in marketing unless you have a lot of free time to spend on the cheaper marketing alternatives.
@Roland Paicely, @Jonathan Damon, & @Andrew Herrig, thank you for taking time to respond to my post. I fully understand that Wholesaling is not an "easy" venture. I personally chose this avenue first to get my feet wet in the real estate field. I will continue to invest time and energy in learning the business.