Wholesaler · Buckeye, AZ · Member since 2017 · 92 posts · 2 votes
do you think that real estate wholesalers and real estate rehabbers earn about the same money? how do you share the net profits between yourself the wholesaler and your buyer the real estate investor whose renovating the home?
Real Estate Consultant · Drexel Hill, PA · Member since 2020 · 10 posts · 6 votes
6y
Hey Kenneth,
I would say it depends on what perspective you are looking at. Are you talking about the split for one transaction, or for the entire year? As a wholesaler, I can tell you that the investor doing the rehab makes significantly more. Of course we charge fees for creating the relationships, negotiating deals, and putting a house under contract. Our fees usually range between 10-20k depending on the purchase price of the house. In most of these cases the rehab investor will be making more along the lines of 40-70k.
The main thing though for the rehab investor is to make sure the numbers are right for them and that their contractors are able to complete the work.