All Forum Posts by: Tyler Jahnke

Hi @Pete Perez thanks for dropping your knowledge here. I'm definitely finding clarity in the concept of Wholesaling! Thanks again!

-Tyler

Thanks @Ned Carey for chiming in here. I appreciate the clarification and love the passion real estate brings to us!

-Tyler

@Steven Leigh and @Ben Meisel - given there would be a little lag time after signing the initial contract and the wholesaler finding another buyer at the marked up price, is there ever conflict between the original seller and wholesaler?

How do you effectively and appropriately communicate the fact that you are taking the original seller's property, marking it up, and selling it to someone else?

Thanks!

-Tyler

Thanks @Steven Leigh and @Ben Meisel Your insights have been so valuable! That's why I love the BP Community.

Thanks for your input @Steven Leigh ! It seems like you are currently specializing in wholesaling Dayton? How long have you been wholesaling?

Couple other questions for you and @Ben Meisel:

-Do wholesalers need a realtor to buy their discounted properties from motivated sellers/an auction?

-Do wholesales need a realtor to turn the property around and sell to a buyer/rehabber?

Thanks guys!

Tyler

Hi @Meredith L. ! Randomly clicked on your post and am very surprised you are ALSO FROM BERKELEY! We should definitely connect. I just purchased my first investment out of state and am a newbie just like you.

-Tyler

Congrats @Michael Rogers !! Wishing you the best!

@Ben Meisel Thanks for clarifying Ben! I guess it does make sense that some investors don't really want to hit the streets and grind for a cheaper deal. They're happy paying the markup. Thanks!

Hello BP!

I'm fairly new to real estate investing and I'm still trying to completely wrap my mind around WHOLESALING. From what I've picked up, can you confirm I'm understanding:

In a nutshell: Wholesalers market themselves well to pick up heavily discounted property, which then they turn around quickly (for a profit markup) to another investor/buyer (potentially looking to renovate/flip it themselves)?

Are they really just a "middle-man" between a seller and investor?

Do they just exist for the investor who doesn't have time or expertise to look for a cheap property themselves?

Why else don't investors just find the cheap properties themselves without having to pay the wholesaler?

Thanks! You guys are awesome!

-Tyler

Hi @Carlos Altamirano

Great to meet you! Thanks for the input on Indy neighborhoods. I'd love to connect!

Tyler