I’m definitely dipping my toes in the water on Real Estate and there so much to learn! Just wanted some advice on where and what I should look into first. I’ve looked into wholesaling but would that be the best route to start at?
Wholesaling real estate can definitely change your life.
Although you are not necessarily a real estate investor you are definitely an investor - every month you will be investing into your education and into your marketing.
If done right, wholesaling is a strategy to obtain heavy cash flow - from there you can choose to invest into rentals, different businesses, etc.
I am a HUGE proponent of wholesaling real estate, it has helped me obtain my dream life at a relatively young age.
What aspect of real estate are you exploring? It’s pretty vast and there are different specific areas. Have you thought about which one would be a best fit?
@Stephanie Pulido One of the safest and least inexpensive routes is buying your own home, FHA 3.5% down. Live in it for a year or two then move and repeat. Keep the original house and convert to a rental. Then you're truly investing (wholesaling isn't RE investing, because you don't own anything).
I've seen many people become wealthy over time using this method.
Wholesaling real estate can definitely change your life.
Although you are not necessarily a real estate investor you are definitely an investor - every month you will be investing into your education and into your marketing.
If done right, wholesaling is a strategy to obtain heavy cash flow - from there you can choose to invest into rentals, different businesses, etc.
I am a HUGE proponent of wholesaling real estate, it has helped me obtain my dream life at a relatively young age.
@Stephanie Pulido absolutely the best way to start, less funding, quicker profits, less risk depending on tour contract and claus understanding. Your super hot so yea you’ll be great!! I’m sure 😇
Wholesaling is a great way to start. However, I'm a huge believer that if you get a property under contract, you should be willing and able to actually purchase it if you can't get it wholesaled.
I am a huge believer in immersing yourself in learning. I had my license at 18 and got an early jump on the game. Wholesaling is all the rage these days BUT I would suggest you hit everything in the BiggerPockets education tab first!!
@Stephanie Pulido the best advice I can give you is - have a really deep thought out process. If you are doing the same thing as all the average you tube videos and bigger pocket forums then you will be one of many. I think the reason why I been a cash buyer and started from wholesaling and now done well is because I always figured out ways to bring motivated sellers to me. In this day and age of technology it can definitely be done. It’s more marketing and understanding the perception of these motivated sellers than anything.
@Stephanie Pulido sure if you want to discuss further dm me. Other then that - I feel like everyone wholesales with basics and no one really focuses on hey how can the motivated sellers come to me.
Real estate is so vast with many niches. Wholesaling can be a great way to get started just needs a lot of effort upfront to learn. Bigger pockets is a great place to learn all about whatever you need to get started. Best of luck to you!