Wholesaling to start it off

10 Replies

Looking for advice. I’m relatively new to all forms of Real Estate investing and I’ve been considering many strategies. My eventual goal is to be primarily focused within the world of Rental Properties. That being said, I’m 23 and working to make/save enough to purchase my first property and get the ball rolling. As of right now I’m saving money slowly but at the same time paying off debt from college etc.... Recently, I came across the idea of Wholesaling and initially thought it would be a great idea to generate a larger lump sum so I could begin investing in rental properties much sooner! Is this a good idea? I’m currently located in Southeast Alabama. Any thoughts and advise would be greatly appreciated!

get a website going immediately.

Do SEO

Look into DMM

There is a lot more you have to do but those are the must do steps right now.

I think Wholesaling is a good place to start. I've recently started Wholesaling. I'm reading a Book called "The Book on Investing in Real Estate with No (or low) Money Down" by Brandon Turner with BP. The book has a whole chapter on Wholesale and gives a ton of information. 

Originally posted by @Austin Wolfe :
Looking for advice. I’m relatively new to all forms of Real Estate investing and I’ve been considering many strategies. My eventual goal is to be primarily focused within the world of Rental Properties. That being said, I’m 23 and working to make/save enough to purchase my first property and get the ball rolling. As of right now I’m saving money slowly but at the same time paying off debt from college etc.... Recently, I came across the idea of Wholesaling and initially thought it would be a great idea to generate a larger lump sum so I could begin investing in rental properties much sooner! Is this a good idea? I’m currently located in Southeast Alabama. Any thoughts and advise would be greatly appreciated!
 

Welcome! Yes it is a good idea, this is what most people do coming into real estate with little money.,An essential tool is to go to REIA's in your area, these are real estate meetups, where you can meet alot of investors and learn alot about RE as well.. Also listen to Jerryll's comment above, he knows what hes talking about!