All Forum Posts by: Justin Foster

I am thinking of starting out with wholesaling to build experience and make some money and whenever I raise enough, I'll put it towards a buy and hold property for the rental checks. This way I can earn more faster, but eventually move into buy and hold completely.

I don't currently have a job though, so I'm trying to decide what would be the best option:

1) Work full time and wholesale in the evenings and weekends.

2) Work part time and wholesale when I am free.

3) Don't work and go completely into wholesale.

How long does it take a wholesaler to start getting momentum? This will have a large impact on which one I choose.

I also have found someone in my local area that is willing to mentor me, so I should be able to get into wholesaling quicker than if I was doing it on my own.

@Brandon Turner

I'll try that, thank you.

I just moved from Alaska to Montana and have been fortunate enough to find a small group of active investors. One of the buy and hold investors told me to get to know my area, so I can better spot deals when I see them.

She didn't go into much detail when I asked what that would involve, beyond getting a feel for where the jobs are. Can someone tell me the types of things I should do in order to start getting to know my area? What's the best way to start?

Bill Gulley

That's actually a lot simpler than I was making this out to be. I got so caught up with real estate I missed the obvious method of just choosing which one I'd rather live in. Thank you for helping me out!

Bill Gulley

I haven't been here for very long, so it feels more like I'm looking at two cities I've never been two and deciding which one I want to get started in. I know I can be successful in either one, so I'm not sure what I method I should use to choose where to go.

I hadn't heard that saying before, but it makes a very valid point. I'll need to think about that for a while.

Bill Gulley

I'm looking to do rentals at first.

I live in Anchorage, Alaska which is relatively small, but has a steady growth rate. I might be able to go to San Diego, California which I don't know anything about.

One thing that makes San Diego very appealing is that there are a lot of REI meetup groups, where Anchorage only has one consisting of 4 beginner flippers.

How is starting out investing in a small city vs. a large city?

I live in a relatively small city and there are no opportunities that I can find to meet with other investors or other people interested in investing.

However, since it's a smaller city, would I have less competition for real estate or would it balance out since there's less real estate total as well?

What are the jobs that can be done prior to investing that will still give either useful skills or directly relate to real estate? And what are the education requirements of each?

So far I have found:

Real estate agent
- License required

Real estate appraisal
- Associate degree

Property manager
- Bachelor degree

Development/Construction
- (Couldn't find)

What are some more options? Preferably ones that don't require a lot of time to get started with.

James Vermillion

Real estate advisory
http://www.careers-in-finance.com/reoptions.htm

Real estate counseling
http://www.crye-leike.com/careers/careertypes.php

I'm trying to find out what types of jobs there are related to real estate so I can know my options.

After looking into different types of real estate careers, I found two that I couldn't get a clear understanding of.

Real estate advisory and
Real estate counseling.

Are these two different or the same? What exactly are they? And what type of education is required to get started with them?