wholesaler questions for early investors

wholesaler questions for early investors

Miami, FL · Member since 2018 · 6 posts · 0 votes

Hi,

I keep reading a lot about buying from wholesalers however, I haven't been able to answer the following questions:

I understand in high level what wholesales are, but really, how do wholesalers work?  What makes wholesalers different from flippers or turnkey? Is it bulk buying and selling?

Why are wholesalers able to sell properties at much lower prices? 

Where to find wholesalers?  

Thanks BP!

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  • Specialist · White Rock, British Columbia · Member since 2017 · 99 posts · 34 votes
    7y

    Wholesalers generally do not touch the property.

    Many do not even take title to the subject property.

    Be cautious! REIA's and exchange meetings, like the South Florida Real Estate Exchangors Meeting

    Wednesdays at 12:00 PM – 2:00 PM EDT Denny's 3151 Nw 9th Ave, Fort Lauderdale, Florida 33309

    I would begin there.  Tell them Heather sent you!

  • Miami, FL · Member since 2018 · 6 posts · 0 votes
    7y

    Thanks @Heather O.!  I appreciate your feedback!

  • Real Estate Investor · Palm Beach County, FL · Member since 2017 · 3k+ posts · 2k+ votes
    7y

    No offense but based on those questions it doesn't seem like you understand wholesalers on a high level.

    There is plenty of information here on the forums about wholesaling so I'd suggest reading around to start.

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