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Updated almost 3 years ago on . Most recent reply

User Stats

48
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15
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Justin Dziedzic
15
Votes |
48
Posts

Anyone use Wholesalers?

Justin Dziedzic
Posted

I'm finding for the most part that folks are telling me to avoid finding deals on the MLS in this market and to work with a wholesaler. Anyone use wholesalers in the Lehigh valley area specifically?

Most Popular Reply

User Stats

5
Posts
3
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Oluwafemi Kolawole
  • Investor
  • Cleveland Ohio
3
Votes |
5
Posts
Oluwafemi Kolawole
  • Investor
  • Cleveland Ohio
Replied
Quote from @Patrick Drury:

@Justin Dziedzic
Wholesalers are a great resource for finding deals. The main downside is they aren't going to be as knowledgeable about what the ARV might be as well as rent comps compared to an agent. That's something an investor-focused agent could fill the void on if they own rentals in the area. If the investor-focused agent is really good, they will probably source their own off-market deals as well.

Not completely true, I think the same is true for agents and wholesalers. There are some that are knowledgeable there are some that are there as a side hustle. The wholesalers that invest in their education, run a business and also invest in real estate are to the same effect if not better in my opinion,  as investor-friendly agents. An "Investor friendly Agent" without any experience investing is just a title.

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