Helping each other when starting out

[Nicolas Lopez]

I just got started driving for dollars on Christmas Day.Looking to work with local wholesalers in orlando area.Got a few YouTube videos driving for dollars and my first cold calling.Let help each other out if your starting out i can help.

[James Wise]

Originally posted by @Nicolas Lopez:

I just got started driving for dollars on Christmas Day.Looking to work with local wholesalers in orlando area.Got a few YouTube videos driving for dollars and my first cold calling.Let help each other out if your starting out i can help.

 I suggest a quick gear shift to give yourself a better shot at success. Wholesaling as it's taught is a myth. You need a license to Broker real estate. That's all wholesaling is as it's taught in these programs, it's brokering real estate except instead of being up front & telling the distressed seller that you'll sell their property for X amount & take X amount as your commission / fee you are taught to lie to the seller & pretend you are going to buy the property while you secretly attempt to "assign" your contract.

It doesn't work. Nobody has any respect for wholesalers. The only people making money wholesaling are the guys selling you all of that education.

To be successful connecting buyers and sellers you need to have

• An in depth knowledge of the market.
• Marketing skills.
  
• Sales skills.
• Negotiation skills.
• Accurately estimate rehab costs.
• Understand how to much time it would cost to run a renovation on the properties you are presenting.

My advice get a real estate license. Way cheaper, no legal issues, more respect and there is a decent chunk of cheap or free training out there from the mega brokerages. Soak it all in while you're trying to get off the ground. It's not an easy job, 90% fail rate but it's better than the 99.9% "wholesaler" fail rate.