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All Forum Posts by: Gergely Tokics

Gergely Tokics has started 1 posts and replied 3 times.

Post: How do I create a team around me?

Gergely TokicsPosted
  • Moreno Valley, CA
  • Posts 3
  • Votes 0
Originally posted by @Andrew Johnson:

Gergely Tokics You might be putting the cart before the horse. I don’t know how many realtors are eager to work with a wholesaler that doesn’t have the money to close. And that’s avoiding the unlicensed brokering side of things. So at the moment I’d posit you want to “assemble a team” because you read somewhere you need to “assemble a team”. Take a look at what new wholesalers do (not that I have much love for the profession. 😬 ) and you’ll hear about driving for dollars, yellow letters, list pulling, looking for cash-buyers, etc. None of which has anything to do with “Hey, I better get my core 4 CPA!”

 Hello, thank you for your feedback its much appreciated. I have a question though, what do you mean by the money to close? Its my understanding that a wholesaler reasigns contracts and doesn't need any money to actually invest. I understand a wholesaler needs money for marketing. Am I mistaken? Also I'm curious, how come you don't have much love for the profession? Thank you for your time! 

Post: How do I create a team around me?

Gergely TokicsPosted
  • Moreno Valley, CA
  • Posts 3
  • Votes 0

Thank you all for your feedback, it has already helped tremendously.

Post: How do I create a team around me?

Gergely TokicsPosted
  • Moreno Valley, CA
  • Posts 3
  • Votes 0

Hello, I am very new to the investment world. My main focus right now is financial literacy and understanding Real Estate investing to the best of my ability. I am at the phase where I need to start creating a plan for myself. In the meantime, how do I start putting an investment team together. For instance, I believe that wholesaling could be a great vehicle for me to get started. Nothing sounds better than learning how real estate investing works and educating myself while also making a little extra cash to invest. I know I don't need money to make money but I feel like I should have some savings to get myself started, I'm really looking for as much education on the process as possible. I read books, blogs, watch webinars, listen to podcasts and I also attended my first local investor club meeting just a few days ago. My question right now is, how do I start acquiring a team. Realetors, CPAs, Brokers, Lawyers, how do you find the ones that work with investors? Do I just call and ask all my local ones I can find? And if so what do I really say because I still don't really have an idea what I'm talking about. I am not really asking to be spoon fed but I am the type of person that learns from watching somone else and experiencing it first hand not just reading about it in books. Once I understand something to a certain level of confidence I excell at it. Anything helps this newbie. Thanks for your time, I'm eager to learn.