As an investor, what’s a great deal from a wholesaler?

[Jose Mireles]

Out of so many wholesalers, what makes you choose a certain one?

[James Wise]

Originally posted by @Jose Mireles:

Out of so many wholesalers, what makes you choose a certain one?

 Given that 99.9% of wholesalers fail out of the business I don't think most anyone chooses any wholesalers.Wholesaling as it's taught is a myth. You need a license to Broker real estate. That's all wholesaling is, it's brokering real estate except instead of being up front & telling the distressed seller that you'll sell their property for X amount & take X amount as your commission / fee you are taught to lie to the seller & pretend you are going to buy the property while you secretly attempt to "assign" your contract.

It doesn't work. Nobody has any respect for wholesalers. Whenever a wholesaler contacts me I simply get the information about the property & reach out to the owner myself cutting the wholesaler out of the deal entirely. If you're looking to break into the industry slinging deals your best bet is to become a licensed agent. If you do business above board as a licensed agent that won't happen to you. The only people making money wholesaling are the guys selling the education.