Jared from FlitItBig asked me a good question in his comment to a previous post. He asked “What area are you looking to invest? Buy and hold? Wholesale? Rehab and flip?” This is a very important question to answer before I get started, I mean how can you write an effective business plan if you don’t know your exit strategy right?
My focus will be on wholesaling. From my research this is a good entry point into the real estate investing world because it helps build your money reserves. It also has less risk then say rehabbing and landlording. I also like this strategy because at first I can be a birddog in order to gain experience finding deals. Going from birddog to wholesaler shouldn’t be that big of a step, just add risk 🙂
Scott is a part time wholesaler, but full time real estate investing addict! As his family grows and his free time shrinks,He has been slowing building his wholesaling business over the past 7 years in between life events.Drive, dedication and never giving up are his strengths.
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