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Updated almost 7 years ago on . Most recent reply

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Leroy Feireira-shearin
  • Realtor
  • Temple, PA
10
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What don’t they tell you about wholesaling?

Leroy Feireira-shearin
  • Realtor
  • Temple, PA
Posted
Hey guys, I am new to biggerpockets and new to wholesaling , what are the ugly about wholesaling that YouTube won’t tell you ?

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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,791
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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Replied

@Leroy Feireira-shearin

Big risk and uncertain reward. You're going to be lying to a crapload of people about being a flipper and reneging on a lot of contracts. Very few of the people you're going to be cold calling are going to be nice. Some might say unkind things about your momma. Some of the people you dupe into believing that you're going to buy their house and then screw over by reneging on the contract are going to have friends who do unreasonable things like find out where you live and hide out in the bushes near your car with lengths of steel pipe and degenerate pygophiliac designs.

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