Updated over 12 years ago on . Most recent reply
How exactly does wholesaling work?
How does wholesaling work and what are the advantages?
do you think its a good place for a newbie to start out?
Most Popular Reply
There are many reasons investors need Wholesalers. Some don't like talking to homeowners. Some don't have the time. Some don't want the hassle, they just like to buy smokin hot deals when they are brought to them by a wholesaler such as myself. Real buyers don't care if you make a little money in between as long as the numbers still work for them. Some don't like looking on the MLS for deals, but will jump on one I just picked up after a price drop that I have been watching for a while.
I Wholesale houses for a living, and still rehab a few houses. I started out rehabbing and know how that side of the coin thinks as well.
Wholesaling is a viable income stream, but like anything takes time to dial in and get good at.
My advice is to not worry about those who knock it. Most that knock haven't figured it out. Learn all you can and network only with those who will postively support you in whatever real estate niche you choose to pursue. Message me if you have any questions, Bitsy.
Good luck.