All Forum Posts by: Jill DeWit

@John Blythe

If you are looking for a great way to double your $ quickly and learn about RE transactions, you can't be buying/selling land. EASY to find great unwanted property for under $1k and double your profit in days. Then you just keep doing that until you want to change it up or add something else to you portfolio.

Good luck! Jill

@Alfredo O.

What type of wholesalers? If you are looking for land wholesalers, it is pretty easy to use sites like landwatch or landandfarm to see who owns multiple properties in the areas you want to target. You can easily look up their phone/email and reach out to them.

That strategy works for other RE as well. 

@Raynard Young

Have to be honest here - the stuff you learn in the real world rarely compares to college. How many times have you heard folks with business degrees, even MBAs, say "wow that really prepared me for starting my own company"? Um - like zero?

College is SUPER expensive and if you are not pursuing a specific degree like engineering I am not sure that is the best investment. 

Hope that helps!

Jill

@Frank Matanane

Direct mail. Direct mail. Direct mail.

Doesn't matter what  you are looking to purchase - get the motivated sellers calling YOU!

Hope that helps!

Jill

Hi @Darian Eldredge

I'm a land wholesaler from Southern California now residing primarily in Scottsdale, AZ. (I go back and forth a lot.)

A great way to start is slow and with low cost properties so no big risk. Buy something for a few hundred dollars, learn how to market & sell, double your money, and grow your portfolio. You can even do this on the weekends.  You can grow your cash for bigger acquisitions while working on payments (you finance to your buyers) if you want to have a sort of passive income to pay the bills and free you up. 

You can move into anything! Want to buy an apartment building? Go for it. You need to start somewhere.

Hope that helps,

Jill

Hi @Tlacaeleltzin Hernandez

A great way to get your feet wet in real estate is start with low cost properties that you can buy for cash. Save up a few hundred dollars, buy an unimproved parcel, and sell it for more. $500 can quickly become $1000 then $2000 then $4000 and so on. Before you know it you can be buying 40 acre properties for $4,000 and selling them for $15,000.

Not hard, no crazy. No financing needed. You will learn how to buy, market and sell and not be worried about time because there is no mortgage to worry about.

Hope that helps!

Jill

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Hi Richard,

How much time do you have to spend on this? I have found that it makes much more sense to get a current list from a credible source that is easy to understand ( like the one I use that is part of First American Title). You can pay a few hundred $ a month (or less) and request exactly what you want, such as: 5-10 acres, in X county, zoned as residential or recreational, etc. You get the idea. I have requested lists from counties and spent HOURS trying to decipher the data. Even hiring a VA to do it, YOU need to first understand it to explain to someone else.

Holler if you want more info. 

Jill

@Jordan Hall

Hey, you can do this. Why not start small - buy some rural vacant land, say Kern or San Bernardino County for a $500, sell for $1500 and keep growing your acquisition balance to where you are comfortable enough to make some other decisions? And while you are doing that you can sell a few of the nicer properties with owner financing and sit back and collect $199/mo per property for doing nothing.

Totally not crazy. A ton of us are doing it. Great way to get rolling in real estate and since you are paying cash for everything you don't have to worry about credit - AND - you will sleep well at night because everything is paid for.

Hope that helps!

Jill

@Ray Shaffer

Hi Ray and welcome!

Boy, I am not a fan of debt. Even if it means starting out slower and with less expensive properties. I sleep super well because every property we have was purchased with cash. (Including our primary residence.) 

Easier to do with just buying and selling rural vacant land. Started working with vacant land, did a few renovations/residential flips, and came running back to vacant land. I have no trouble buying 40 acre parcels for $4-6k and selling for $15-20k. Much more fun and much less worry.

Hope that helps!

Jill

@Richard Cook

Congrats and glad you are here in BP! Great place to learn!

An excellent way to learn about real estate is buying and selling undeveloped land. Incredible returns, no rehab needed, and you can buy/sell all over the country. Great way to learn how to create and close deals - and any budget can work!

Hope that helps,

Jill