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Updated about 2 years ago on . Most recent reply

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Peter Matthews
  • Seattle
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Wholesaling for Real Estate Rookies?

Peter Matthews
  • Seattle
Posted

Is wholesaling a viable option for entering the real estate field? I've come across mixed opinions... Wholesaling requires a solid understanding of the market and accurate rehab estimating, but it also has a relatively low barrier to entry. As someone who recently graduated with a degree in construction management, I'm curious to know if wholesaling could serve as a suitable entry point into the real estate industry. I currently work as a residential/commercial project engineer so I am familiar with the rehab process. 

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Corby Goade
  • Investor
  • Boise, ID
3,208
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Corby Goade
  • Investor
  • Boise, ID
Replied

There's no "wrong" way to get in to real estate, but contrary to what you'll hear from the people selling you mentorship, it's far from easy. 

If you are looking for a career in real estate and want to get started investing, why not just get a real estate license? There's billion dollar companies and infrastructure set up to help agents be successful, you just need to tap in to that. 

In addition, wholesaling generally exists in a grey area, legally speaking. There's defintely a time and place for it, but you can slide right in to a much more simple structure as an agent. 

  • Corby Goade

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