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Updated over 5 years ago on . Most recent reply

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Eli M.
  • Investor
  • Brooklyn, NY
12
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231
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A philosophical dilemma

Eli M.
  • Investor
  • Brooklyn, NY
Posted

Dear BP family,

Whenever I buy from a wholesaler I always have my internal dilemma. If the deal is so good, why doesn't that wholesaler keep it to himself?

Please, help me to rectify this issue.

Most Popular Reply

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Dylan Earl
  • Thorold, Ontario
58
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62
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Dylan Earl
  • Thorold, Ontario
Replied

Well the whole objective of the Wholesaler is to make quick money. Get the deal then sell the paper at a premium. They may not have the financing or interest to go through the process of flipping or holding & managing. That's why they have their own name all together! 

Think of it like Costco...or any "wholesaler" the whole reason they do things in Bulk is to make money quicker and liquidate their inventory, leaving the end user with the opportunity to try and make marginal profits. (ie. sell a box of x100 whatchamacallit's for $80... let the retailer sell each one for $2$ each) 

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