All Forum Posts by: Choeun Park

Hey all! I'm trying to get into wholesaling but really don't know where to begin. I'm located in Chicago and would love some guidance on where I can meet other wholesalers and investors. I would love to see what it takes to make a wholesale deal happen from start to finish. Thank you!

@Fernando Angelucci @Maria C Quimpo @Dmitriy Fomichenko @Account Closed Thank you everyone for the warm welcome! I will definitely be checking out the events and tools everyone has mentioned.  Im taken aback at how helpful everyone has been! Thank you!

@Lumi Ispas Thanks for the reply! 

Yes you are correct. I am currently reading "The Real Esate Wholesaling Bible" and it definitely mentions honing in on a certain neighborhood.  I feel the most comfortable working the on the west side (Humboldt Park, Logan, West Humboldt and maybe even Garfield Park) since I've lived around this area for about 6-7 years. 

I have many questions about wholesale, such as how to write the contracts, how to find buyers, and "what if I cant find a buyer?", but Im sure some of the questions I have will get answered in the book, so until i finish it I just wanted to introduce myself.  I will definitely be asking questions here on BP after I finish the book. 

Hi Bigger Pockets!

My name is Choeun, 31, and I currently live in Chicago.  First off, just want to say thanks and that I am very grateful that a community of investors are available to  new investors/newbies just starting off.  I have learned a great amount the past few months just reading and watching videos/podcasts, but also know that what i've learned is only the tip of the iceberg.  Being a brand new to investing, I have questions and Im trying to get myself plugged with local investors and maybe finding a mentor.  I am interested in learning to wholesale properties as well as purchase rentals in the future.  

A couple years ago my brother and I, sick of living with problems our landlord wouldn't take care of, we decided to purchase a property. We decided that we would buy the property and hold it for a few years, let it appreciate and sell it for a profit. After reading and researching about REI, renting this property out and being able to move in to a multi-family unit would be nice. My goal is to wholesale properties for extra cash and save as much as I can to purchase the next property. But thinking about wholesaling and renting and purchasing another property sounds great but there is so much more detail and information I know I don't have and that makes me afraid to make any moves at all.

Where do I go from here? Anyone with wholesale experience I can bother? I'd gladly pay for lunch for your two cents. I would also love to join local REI groups in Chicago. I just found the REIA Chicago on Meetup as well but are there any others I should know about? Thanks again BP! Hope everyone is doing well!

Choeun