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All Forum Posts by: Michelle Smith

Michelle Smith has started 1 posts and replied 3 times.

Post: Wholesaling in Philadelphia

Michelle SmithPosted
  • Specialist
  • Philadelphia, PA
  • Posts 3
  • Votes 0

@Chris Martino

Thank you Chris! Very helpful and I appreciate the feedback.

Post: Wholesaling in Philadelphia

Michelle SmithPosted
  • Specialist
  • Philadelphia, PA
  • Posts 3
  • Votes 0

@Rob Beeman

Thanks for the input Rob!

I’ve just started and began to do some additional research to get this business up. I didn’t realize how in demand is for wholesale properties. Appears the hardest part isn’t finding the investors but the good deals! I will keep in touch as I’m extremely familiar with that area.

Post: Wholesaling in Philadelphia

Michelle SmithPosted
  • Specialist
  • Philadelphia, PA
  • Posts 3
  • Votes 0

I am new to real Estate investing and tons of questions.

First and foremost happy to be joining the BiggerPockets community. I live in Philadelphia where there are many development plans happening throughout the city. I have been doing a lot of research on building capital using the wholesaling method. Throughout my research, the “ease” in which one can make significant profit simply by wholesaling seems too good to be true. Anyone have any general tips about getting started in wholesaling in the Tri-state area? Is this market over saturated or is it a good idea to build capital to invest? Any tips of getting started doing one’s first deal? Also, for seasoned wholesalers, how do you use city development plans to find desirable neighborhoods?

Thanks in advance for any answers and advice!