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Updated over 9 years ago, 09/23/2015

User Stats

11
Posts
4
Votes
Christopher Johnson
  • Investor
  • Atlanta, GA
4
Votes |
11
Posts

Its 2015! Should I Wholesale.......?

Christopher Johnson
  • Investor
  • Atlanta, GA
Posted

Hello my fellow Biggerpockets family,

Kris here and i am currently in Atlanta. Ok, so i have been educating myself on real estate investing for a little over a while now. I know the different types of investing and have chosen my niche, which is of course (wholesaling), being the reason of choice strictly from financial lacking. I understand the different types of investing and making profits without having to spend any of your own money. I am fully prepared to endure and work as hard as i have to. I am not making excuses, however there is a huge difference between hard work and smart work. Obviously i don't know the market the way i should, but before i dive in... i want to know if wholesaling is totally washed out. I mean its 2015, doesn't seem like their are many new individual wholesalers left, maybe that might be a good thing but what i don't know is, before i put the amount of time i am about to devote towards finding distressed houses, filing lease options, assigning contracts, etc... is there still business out there to be done. Does wholesaling happen on a daily basis, it seems like the only real opportunity i have at any profit is primarily from off market houses. Again maybe i'm suffering from beginners fear, i want to put in the work, just not if its not there. Hopefully someone understands, seems like the market is already flooded with bigger businesses already doing what i will be doing which would leave me without.