Many people badmouth wholesalers but, just like Realtors, Contractors and any other profession there are good and bad.

That, and I have also seen a bit of success as a mortgage lender - so as Ari was saying, capital wasn't an issue for starting out.That being said, I owe any success in both my mortgage lending profession and my real estate investing hobby (I wouldn't call myself an expert because I do not put anywhere near the amount of time  needed to actually be an expert in just investing) to surrounding myself with great, trustworthy partners.You NEED to have a good realtor.

Every profession has bad apples, but wholesaling attracts a higher percentage because of the lower barrier to entry.

IMO a license can only benefit a person looking to make real estate a long term profession.

“-Mike KingHe is also a real estate investor and claims property manager as his profession.

If neither of those sounded interesting then I would probably try to become an agent or property manager, but I know a lot less about those professions..

But rather he is trying to put all his information he is learning into a ROI calculator, and like any profession law or real estate, medicine, he is new to this and he is looking for help or a template on how to actually do this so he does not create something horribly wrong and loose his investment.

My insurer is asking we be named additional insured on the liability insurance of any profession we hire.

I also was told more than 50 years ago not To lend money or rent to anyone who’s profession starts with a P.

I know this will come across as cynical but if you really want to make money in wholesaling then I would recommend you do what most self professed gurus out there do: copy and paste their courses.