I have decided that I want to start my journey by digging deeper into wholesaling. There are two reasons for the focus. First, I need immediate cash so I can begin to build lists and invest in more marketing. The idea is that the more I invest in marketing, the more leads I can convert to transactions. Second, by gaining in-depth knowledge of wholesaling, I will gain a core skill needed for all types of real estate investing. That skill is building lists of motivated sellers and interested buyers.
If I can create a system that allows me to simply have to respond to leads and money comes in, then I can begin to focus on my second goals: buy and hold investing. If I have my deal-making machine running on autopilot, then I can cherry-pick the great deals and keep them for myself.
Once I determined I wanted to first learn wholesaling, I decided to enroll in the Investor Grit coaching program. There were a few things that attracted me to this type of coaching, including:
So I am in week one of the online training. In addition, the coaching offers group calls twice weekly. I'm getting my ducks set up in a row and excited to start finding deals!
How did you learn the trade - through the school of hard knocks or otherwise? Any books you recommend? Hit me up at @gumshoeonline