Wholesaler · UT, Lehi · Member since 2026 · 3 posts · 2 votes
Hi all — I'm just getting started in real estate wholesaling here in Utah (Utah County area), and I'm at the very beginning of learning the ropes. Rather than jumping in blind, I'd rather learn from people who've actually done this before making my first moves.
I'd love to connect with:
Wholesalers or investors who've been doing this a while and don't mind fielding a few beginner questions
Anyone active in the Utah market who knows the local landscape
Title companies, contractors, or agents who work with investors regularly
Other newer people in the same boat — figuring this out together beats figuring it out alone
I'm not here looking for a shortcut or expecting anyone to hand me anything — I'm putting in the hours every day and just want to learn from people who know more than I do right now. If you're willing to answer a few questions, swap ideas, or just chat about how you got started, I'd genuinely appreciate it.
Drop a comment, send a message, or point me toward someone worth talking to. Always happy to return the favor down the line.
CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
1w
Will, you’re taking the right approach by learning the process before trying to force the first deal.
One thing I’d focus on early is building a small local team you can actually call when a deal comes together. A title company or closing attorney that regularly handles investor transactions, an investor-friendly agent, and a contractor who can give you realistic rehab numbers will help you learn much faster than trying to understand everything from online formulas alone.
I'd also spend a lot of time learning how your end buyers underwrite deals. If you understand what a landlord, BRRRR investor, or flipper needs the numbers to look like, you'll get much better at recognizing which contracts actually have value and which ones are unlikely to move.
From the tax side, remember that wholesaling is generally an active business rather than passive rental investing. As the activity becomes profitable, bookkeeping, estimated taxes, entity structure, and potentially whether an S-Corp is worth evaluating can become important. I wouldn’t elect an S-Corp automatically when you’re just getting started, the profit level, deal volume, reasonable compensation, payroll costs, and your broader tax situation should justify it first.
I’d also make sure you understand Utah’s current wholesaling, disclosure, contract, and licensing requirements before marketing contracts or properties. That’s an area where a local real-estate attorney or investor-friendly title company is worth having in your corner.
Feel free to DM me, I’d be happy to send over a few tax and real-estate resources that may help as you start building the business.
Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes
2w
Hi@Will Ferguson I grew up in Utah County and I loved it. This is what I would say to you. There are a it of investors in Utah and I would encourage you to connect with them. It you ask ChatGPT for a list of all of the real estate investor meetups in Utah then you'll probably find the Utah REIA and other real esttte investor meetups. Then I would encourage you to start attending those. There are also people who educate others on wholesaling. That may be a good route for you to take.
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
2w
I would also ask chat the legalities of trying to market properties you dont own when you have no real estate license.. many states are cracking down very hard on this.. Just got another bullitin from CA addressing this ( I am a CA RE Broker) Oregon created a special license for it.. Ohio new laws IL has their new laws.. its a changing environment from the old wild west of wholesaling as taught by the guru's.
Wholesaler · UT, Lehi · Member since 2026 · 3 posts · 2 votes
2w
@Jay Hinrichs Yup I made sure I wasn't going to get into any trouble. Everything still legal in Utah as long as your clarify that you won't be the one actually owning the house.
Houston, TX · Member since 2025 · 34 posts · 12 votes
1w
Will, I’m a transactional lender, and I can help you brainstorm the team you need and what to look for in deals that fit the funding requirements.
I know quite a few title companies that handle wholesale deals, transaction coordinators and brokers. Having those relationships in place early makes things a lot easier. Happy to help you get pointed in the right direction and build from there.
CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
1w
Will, you’re taking the right approach by learning the process before trying to force the first deal.
One thing I’d focus on early is building a small local team you can actually call when a deal comes together. A title company or closing attorney that regularly handles investor transactions, an investor-friendly agent, and a contractor who can give you realistic rehab numbers will help you learn much faster than trying to understand everything from online formulas alone.
I'd also spend a lot of time learning how your end buyers underwrite deals. If you understand what a landlord, BRRRR investor, or flipper needs the numbers to look like, you'll get much better at recognizing which contracts actually have value and which ones are unlikely to move.
From the tax side, remember that wholesaling is generally an active business rather than passive rental investing. As the activity becomes profitable, bookkeeping, estimated taxes, entity structure, and potentially whether an S-Corp is worth evaluating can become important. I wouldn’t elect an S-Corp automatically when you’re just getting started, the profit level, deal volume, reasonable compensation, payroll costs, and your broader tax situation should justify it first.
I’d also make sure you understand Utah’s current wholesaling, disclosure, contract, and licensing requirements before marketing contracts or properties. That’s an area where a local real-estate attorney or investor-friendly title company is worth having in your corner.
Feel free to DM me, I’d be happy to send over a few tax and real-estate resources that may help as you start building the business.
Wholesaler · Charleston WV · Member since 2026 · 243 posts · 132 votes
1w
I’d start by talking to local buyers and finding out what areas they buy in, what kind of properties they want, and what numbers work for them. That gives you a better idea of what to look for when you’re talking to sellers.
Real Estate Agent · South Jordan, UT · Member since 2019 · 35 posts · 14 votes
1w
Hello Will- I have done some wholesaling and flipping and I am a real estate agent in Utah. I am happy to talk with you further. I have clients looking for flips, so we would be happy to be your guinea pigs if you find a deal :-) Feel free to message me or call me.
Specialist · Texas - DFW · Member since 2026 · 16 posts · 4 votes
1w
Hey Will, I am a wholesaler in the DFW area and would love to pick your brain and connect with you further. I just sent you a connect. Feel free to dm me!