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Updated over 6 years ago on . Most recent reply

User Stats

185
Posts
146
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Andrew Neal
  • Real Estate Professional
  • Brentwood CA / Dallas, TX
146
Votes |
185
Posts

Why be a wholesaler?

Andrew Neal
  • Real Estate Professional
  • Brentwood CA / Dallas, TX
Posted

I see SO many posts from newbies who want to become wholesalers and I don't really understand why. I can make the obvious assumption that many of them have seen the guru ads who make it sound like shooting fish in a barrel and believe it will be an easy way to become an investor without money.

As illustrated many times before from a wide range of experienced investors the path to a successful wholesale business requires a good amount of capital to spend on marketing which most newbies do not account for. 

Seems to me a lot of big players spend 6 figures per month on sophisticated marketing campaigns and dominate the market with another smaller group who do a few deals a year followed by about 90% of "wholesalers" who don't do anything.

So I'm curious, why wholesaling?

Most Popular Reply

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9,365
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6,552
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,552
Votes |
9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

No license or ethics is required

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