If you are starting out and don't have any money, here is what I would do. And, by the way, this is exactly what I did.
Now, really quick just to cover this scenario - if you don't have a job and don't know anything about wholesaling or real estate and have no money then you need to get to work make some cash somehow through a job so you can live and then work to build into full time real estate.
What I would recommend is to find your real estate clubs and start networking, talking to real estate investors in your area. Be very bold and tell people you are new and eager to learn. Ask each investor you meet: "Is there any way we can do some business together real fast?" Most of them will say yes. Then push the conversation and find out how you can help the investor either buy or sell properties and make a little money.
See, the key when you first start is not really doing your first deal - it is the learning process and the only way to learn is to "Jump in amongst it". If you will ask this question to every investor you meet, sooner or later you are going to meet someone that you will be able to help and you will be able to learn the game from.
It's very important: once you start, you will soon find a way to flip your first deal. You will meet sellers and you will meet buyers through your connections. It is very easy and cost nothing but time.
This is how I met a lot of my mentors in the business. As I was doing that I was developing the skills I needed to get into the business full time.
Now, really quick just to cover this scenario - if you don't have a job and don't know anything about wholesaling or real estate and have no money then you need to get to work make some cash somehow through a job so you can live and then work to build into full time real estate.
What I would recommend is to find your real estate clubs and start networking, talking to real estate investors in your area. Be very bold and tell people you are new and eager to learn. Ask each investor you meet: "Is there any way we can do some business together real fast?" Most of them will say yes. Then push the conversation and find out how you can help the investor either buy or sell properties and make a little money.
See, the key when you first start is not really doing your first deal - it is the learning process and the only way to learn is to "Jump in amongst it". If you will ask this question to every investor you meet, sooner or later you are going to meet someone that you will be able to help and you will be able to learn the game from.
It's very important: once you start, you will soon find a way to flip your first deal. You will meet sellers and you will meet buyers through your connections. It is very easy and cost nothing but time.
This is how I met a lot of my mentors in the business. As I was doing that I was developing the skills I needed to get into the business full time.
About the Author:
About the author: Jesse Davis is an experienced wholesaler in the Jackson Mississippi Real Estate market. Click here for tips on how to wholesale Real Estate and to get a free audio on Wholesaling Real estate
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