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Updated about 2 years ago on . Most recent reply

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Krissy Harden
  • Investor
  • Atlanta, Ga
2
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Is wholesaling still a ‘thing’

Krissy Harden
  • Investor
  • Atlanta, Ga
Posted

Hi,

So i’m ready to get into real estate investing and I want to start off small with as little risk as possible. The only avenue I can think of as of now is wholesaling, however, I want to know if it’s practical in todays climate.

I want to focus on land instead of homes (I understand it may be different) but I chose land based on future plans and see this as an opportunity to learn as well.

Honest opinions based on experience, failures, and triumphs?

Thanks!

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Nick C.
  • Investor
  • Tampa, FL
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Nick C.
  • Investor
  • Tampa, FL
Replied

Wholesaling land is going to be difficult, the due diligence periods to figure out land development are way longer than rehabbing a house. Your sellers might not be okay with a 2 month inspection period. 
Also (and I’m surprised I have to give this advice) don’t commit fraud as was suggested above. 

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