Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Michael Lerch

Michael Lerch has started 63 posts and replied 203 times.

Post: What would you do with $1,300 as a newb wholesaler?

Michael LerchPosted
  • Investor
  • Grand Rapids, MI
  • Posts 224
  • Votes 40

I have my LLC and I've dabbled in freedomsoft (not what this post is about), but I'm stuck on what direction to take with my funds.

I have a little over $1,300 in my bank for a down payment and marketing. Now, if you were me, what would you do with that as a newb wholesaler?

Should I find a good REO deal and plunk down the $1000 down payment to get my first deal underway...

OR

Invest around $1000 on advertising and networking (website + SEO, Adword, direct mail, freedomsoft/realquest/biggerpockets pro, REI club, BNI, etc...) to source out a bunch of new deals that aren't even listed on MLS that I can get with less money down?

What do you think?

Post: New Wholesaler Grand Rapids, MI

Michael LerchPosted
  • Investor
  • Grand Rapids, MI
  • Posts 224
  • Votes 40

I don't want to ruffle any feathers, but I do want to network with people so if you're any kind of investor or wholesaler feel free to follow me and I'll follow back. No need to post details and such here.

Thanks for the warm welcome!

Post: New Wholesaler Grand Rapids, MI

Michael LerchPosted
  • Investor
  • Grand Rapids, MI
  • Posts 224
  • Votes 40

Hi everyone,

Just getting started in wholesaling real estate in Grand Rapids, MI. Feel free to contact me to network!

Thanks!