Ready to Jump into Real Estate? Here’s Where to Start!

Hey friends,

If you're eager to break into real estate investing, you’re in the right place. The opportunities are endless, but they can also be overwhelming for beginners.

There are so many ways to succeed, but this also brings one big challenge...

Where do you begin?

• Should you wholesale properties (getting paid a finders fee)?
• Work with real estate agents, or go directly to other investors?
• What about different property types—single-family homes, multifamily, or even RV parks?

If you’re asking these questions, don’t worry—I’m here to cut through the confusion and help you take action.

Let’s simplify it.

First Things First: What Type of Real Estate Investor Are You?

Before diving in, it’s crucial to understand what type of investor fits your lifestyle and goals.

1. Real Estate is Life (Full-Time): If your goal is to make real estate your primary source of income, wholesaling could be your perfect entry point. You can start part-time and scale it up as you grow, all while learning the fundamentals of deal-making and lead generation.

2. You Actually Like Your Job: If you’re a professional with a stable career—like a doctor, firefighter, or someone with a pension (military)—you don’t need to quit your job to invest in real estate...

You can start with fix-and-flip projects or become a limited partner (passive investor) in real estate deals. This allows you to put your money to work without giving up your career. Passive investing might be the way to go!

The ABCs of Wholesaling Real Estate

If you’re serious about making real estate your full-time career, here’s a step-by-step guide to wholesaling—your gateway into the business.

A: Align Your Foundations

Before reaching out to sellers or agents, it’s essential to get your basic business setup sorted:

• Form an LLC: Having a legal business structure gives you credibility when working with sellers. Services like StartWithPrime.com can help set this up quickly.
• Open a Business Bank Account: Make sure you can separate personal and business finances. I use Relay —it’s user-friendly and perfect for remote real estate deals.
• Choose Your Market: Start in your local area unless you live in a super rural region. If that's the case, focus on a nearby larger city where deals are more accessible, and relationships with sellers can be built face-to-face.

B: Build a Lead-Generating Machine

With your foundation in place, it’s time to generate leads:

• Build Your Target List: Using services like Propstream or Propwire to
• Leverage Tools: Use services like Prop AI to make phone calls with all the agents & sellers with the push of a button. This tool allows you to efficiently target properties that have been on the market for a while, creating a steady pipeline of potential deals
• Focus on High-Days-on-Market Listings: Properties sitting on the market for 60+ days often indicate motivated sellers open to creative financing options.

C: Consistent Follow-Up

Once you’ve sent out your offers, the next critical step is follow-up. Deals rarely close on the first conversation, so consistency is key. Keep engaging with sellers and agents until a deal clicks.

• Set Up Calls: As sellers respond, get on calls. If you're new, don’t hesitate to partner with more experienced investors who can help you close deals.
• Partner for Success: Joining a community of experienced investors, like the one I am a part of, SubTo, allows you to learn the ropes while still making money. Myself or others can assist with contract negotiations and ensure you’re on the right path.

Don't Worry About Documents Yet

Beginners often get bogged down by the thought of contracts and legal paperwork. The truth? You won’t need documents until you have a deal on the table. Focus first on building relationships and generating leads...

Start Taking Action Today

A lot of new investors make the mistake of waiting until they "know it all." The best advice? Stop overanalyzing. Take action.

Here’s your roadmap to get started:

• Step 1-2: Set up your LLC and business bank account.
• Step 3: Sign up for LOI Blaster and Prop AI and start sending offers.
• Week 1: Begin connecting with agents and partner with experienced investors.
• Week 2-4: Follow up on leads and focus on closing your first deal.

Real Estate Success Is Simpler Than You Think

Starting in real estate investing doesn’t have to be complicated. The key is generating leads, taking consistent action, and learning as you go. You’ll learn most of what you need through experience, not just theory.

If you’re ready to jump in, I am finishing up my free wholesale course. The course will cover everything you need from start to finish. If you're interested, let me know in the comments.

Until then, take action, build your pipeline, and start your journey to real estate success...

Tim