All Forum Posts by: Marlon Thomas

 So basically what you're saying is that my second option could work?

Hello BP members,

I am 19 years old, and I've been contemplating on wholesaling. 

I've done my reasearch on how to become a wholesaler but, I have a few questions for you all and hopefully you can give me some helpful insight.

I think I have a reasonable method on how to attract buyers.

1. Post ads on Craigslist 

2. Post ads on the biggerpockets marketplace 

3. Call/advertise to hardmoney lenders

4. Advertise my at local REI club

5. Advertise to companies like "We Buy Ugly Houses"

6. Bandit signs

As far as finding motivated sellers, thats where im still kinda stumped.

1. Direct mail campagain (which i think would be the most affective)

2. Bandit signs 

Another thing is, 

what do i say to a motivated seller once I find one?

How do i figure out how much it'll cost to renovate the property for the potential investor?

 Develop lots out of raw land

 So its "doblabe" but a big step bacscially  

 Yes, that would be great if you could do that.

I was just wondering if buying properties and rehabbing them would be a good way to transition into becoming a residential developer eventually?

hello BP users,

I have been fascinated by real estate development for years now since i was a little kid, and i have decided that this is the career path i want to take.

So what is the best way to become a developer?

1. Get education, work for a developer

2. Still get education while rehabbing properties , then find a small residential development deal (3 subdived lots for single family homes) and build my portfolio from that point on, while having a mentor starting out