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Updated about 10 years ago on . Most recent reply
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wholesaling vs Flipping
Capital aside. Which is easier, which is more profitable, which is more time consuming? Wholesaling or Flipping? Wholesaling. the entire process of finding deals, finding buyers and getting a quick cut in between. Doing alot of these. say 20 per year in at $7500 a piece= 150k or Flipping, 3 flips profiting 50k each = 150k by way of finding deals, finding money, finding contractors and selling fast. 1.5 wholesale deals a month sounds fair and 1 new flip every four months sounds fair as well.
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Originally posted by @Scott K.:
Originally posted by @Dev Lindo:
@Scott K. ehh as a buy and hold investor. I wholesale to raise capital, just as I do flip. I can imagine some investors work as agents or property manage to do the same. But i guess i wouldnt call myself a "wholesaler".
yes so the wholesale deals are just you being the middle man. Middle men are not investors. Now your buy and hold properties are investments. There is a huge difference between the two.
Why does the terminology matter?
You can call me an investor, a businessman, a rehabber, a flipper, an ugly ******* or anything else you want. It doesn't change what I do or how much money I make.