After I get my LLC started is there anything else I might need to begin wholesaling?
You don't need an LLC to get started. You need to consult a local attorney and have them guide you on the correct way to "wholesale" if its legal in your area.
I don't think there is anything you technically need to start, I don't believe you even need an LLC to get started you could just work as a sole proprietor when starting out. I think a great first step when getting started is driving for dollars! It helps you get to know the area and creates leads at the same time.
Great question hey @Wes Short just have a question about driving for dollars. How does the process works in simple terms, like if you were to drive for dollars and come up with about 50 leads or so do you just go ahead and send off the mailings to the address or is the a process in between that I am missing?
@Joshua Van Dyke from a legal perspective there i don't know of anything you need to do. As said you don't "need" an LLC. The main thing is to know what and how to do it.
@Jay Barley driving for dollars can mean a lot of things. It is about being out in the neighborhood and keeping your eyes and ears peeled. Sometimes you will see a vacant house and may want to track down the owner. Maybe you see a FSBO sign. Maybe someone sees you walking around and you get to talking to them and they tell you something that can lead to a deal. What you do next depends on what kind of lead it is.
Personally if I see a potential lead that way I would rather call then send a letter. You don't know if the letter reached them or if they read it. If you call you know if you get the right person or not.
thank you @Ned Carey
Thanks @Ned Carey great info I am an Hvac Tech looking to get involved in the real estate investing and I drive a lot everyday of the week so I will now take a notepad and jot down anything I see when enroute. I always see lots of vacants.
thank you @Marisa Aceves
Thank you for that tip Marisa I appreciate it.