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Updated over 6 years ago on . Most recent reply

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Jessica Ribeiro
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Start in South Florida

Jessica Ribeiro
Posted

I have watched many videos on youtube and read as much information as I can about wholesaling houses. But I don't know how to start ( I am not a real estate agent). The thing is that on my online research I only found very expensive mentorship programs 5k plus. The is someone here available to help me take my first steps? Have someone close to learning from would be awesome to learn. Any advice you guys can give me will be great.

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

@Gavin Welch good first part, definitely NO to mentors. They are all BS. But bad advice on Zillow preforeclosures. Those are complete garbage. They link every time a lis pendens is filed and most get resolved, but Zillow DOES NOT take them down once they are resolved so many, many homeowners who cleared up their quick debt get calls from people and it drives them crazy.

@Jessica Ribeiro, don't even think about wholesaling before you learn everything about it. It's not a great place to start and if you want to wholesale, you have to do a lot of steps to properly market for your best return. Go to local REI meetups in your area and don't buy in on what everyone tells you. Get cards, do research, and see how pans out to be what they say. Follow up with them and keep going and learning. Wholesaling can be very sketchy and you need to know all the ways it can go wrong before doing it.

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