Wholesaling in Southeast Michigan

Wholesaling in Southeast Michigan

Investor · Southeast Michigan · Member since 2018 · 8 posts · 3 votes

Does anyone know if wholesaling in Southeast Michigan, particularly the Detroit Metropolitan area, would be lucrative? I might be wrong, but Southeast Michigan does not seem like a very promising wholesaling market.

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  • Realtor · Southeast Michigan · Member since 2017 · 232 posts · 180 votes
    7y

    Some areas are better than others here. If I was you I'd just skip all that BS and get a license. Way more lucrative then being an unlicensed broker and skirting license laws. Also, you can sleep easy at night since your business plan isnt based on skimming equity from uninformed sellers. 

  • Lender · Troy, MI · Member since 2019 · 432 posts · 147 votes
    7y

    @Darrick S. There are wholesalers who work in Southeast Michigan.  You could meet them in a local meet up groups.  Also, something to keep in mind that; you may have to realize different people have various degree of success.  There are time and / or money involved in marketing to get the desired results.

    Being a realtor is another option as well like @DJ M. mentioned.

    Good luck.

  • Investor · Southeast Michigan · Member since 2018 · 8 posts · 3 votes
    7y

    Well, I do understand depending on an individuals level of dedication and skill set, success within any given market will vary. However, are there any wholesalers out there particularly familiar with the southeast Michigan area that can tell me what kind of success they are having and if there are a good supply of strong Buyers interested in that market?

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