New to the Real Estate world

11 Replies

Real Estate has been on my mind for years, and aside from keeping super busy due to being in the military, I have never had the courage/confidence to pursue this business!! But I have a family now, and it is growing, and in order for me to achieve the financial freedom and stability I want for my family and myself, I have decided to finally go after this dream of mine. The long term goal is to own multiple rental properties and live off the cash flow. But for the moment I just really, really want to learn to wholesale, until I can earn enough so that I could then start to actually invest at some point down the line. Any advice and or recommendations would be a blessing and greatly appreciated, thank you in advance!!

Link up with an experienced wholesaler. All these YouTube videos, etc, make it sound so easy, but it really is a lot of work and there is a lot you need to know since you are working with people on the most important asset they have.

Welcome Tony. I'm new myself here with probably just as many as questions as you have. However, I can say the podcast on here have been fantastic. I would recommend spending some time listening to them and gain some insights as to what others do. 

There a number of podcast that go into how folks got started to marketing strategies to what not to do and much more. 

Best of luck!

@Tony Encarnacion

Like stated above, it’s doable but it will require some learning and a lot of pro activity. Join some groups via Facebook like “Wholesaling Houses Full Time” or “ wholesaling houses elite” those are some great places to check out and great ways to learn as well as network with active wholesalers and buyers. Hope this helps, good luck!

@Tony Encarnacion Welcome to Bigger Pockets! You'll find there are lots of fellow military folks on these forums eager to help others learn more about real estate. I highly recommend focusing on your networking and increasing your RE knowledge if you want to be successful in real estate. This forum is a great way to do both. Another game-changer is joining a mastermind group. Find one that focuses on real estate and fits what you want out of a group. 

I joined the War Room mastermind, started by @Stuart Grazier and @david pere a little over a year ago and it has been great! There are lots of active duty folks crushing it in real estate out there. I'm happy to chat more about real estate with you and share what I've learned.

Best of luck and keep us updated on your journey. 

Originally posted by @Tony Encarnacion :

Real Estate has been on my mind for years, and aside from keeping super busy due to being in the military, I have never had the courage/confidence to pursue this business!! But I have a family now, and it is growing, and in order for me to achieve the financial freedom and stability I want for my family and myself, I have decided to finally go after this dream of mine. The long term goal is to own multiple rental properties and live off the cash flow. But for the moment I just really, really want to learn to wholesale, until I can earn enough so that I could then start to actually invest at some point down the line. Any advice and or recommendations would be a blessing and greatly appreciated, thank you in advance!!

@Tony Encarnacion

Welcome . 

In addition to a mindset shift, you'll need

- Education

- Network

- Action

- Accountability.

- It's noisy in the REI realm , it would not hurt to have your goals, niche and strategies written down.

Your military career has positioned you to connect with future partners, that is your barrier to entry, leverage it.

Best of luck. I know you have got this.