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Wholesaling
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Updated over 5 years ago on . Most recent reply

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Carmen Torres
  • Real Estate Agent
  • NJ
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Getting into Real Estate

Carmen Torres
  • Real Estate Agent
  • NJ
Posted

I'm just getting into real estate. I would like to know what's the best way to start .Is wholesaling the best way to get your foot in the door ?

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Will Barnard
  • Developer
  • Santa Clarita, CA
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

Step one: Education in the strategy you wish to start in. Wholesaling, while the popular answer is to start there, I disagree and find that to be the most difficult for a newbie. Learn a strategy first, use your RE license and network with others, learn your market, and perhaps even work part time for a company that works in the space you intend to do. As an example, if you want to be a buy and hold landlord (with 7 kids, anything more active than that could be difficult), then try working for a property management company and learn the ropes of landlords (or work direct - part time - for a landlord doing misc tasks for him or her while learning real world practices of the business.

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