WHY WHOLESALERS SUCK!!!!

[Jabbar Thomas]

Wholesalers suck. Well, not all of them, but there are some out there who give that side of business a bad name. Selling contracts out of the back of a truck or in a coffee shop.

Wholesaling is an art, it takes a skilled and disciplined individual to find quality deals that everyone will make money on. People often forget what it takes to acquire a deal. Its a numbers game, the number has to be right in order for an investor to buy it. Or else the deal will just sit and die. From the ARV to the rehab amount, we often see numbers that are very far off.

How do you solve that problem? Well, you align yourself with a good wholesaler. You should consider them as part of your success team. Because, lets face it; most people are not making 100 plus offers a week, mailing out thousands of letters, driving targeted areas for dollars, or crawling through ditches, climbing fences or shaking palm trees to find these deals. There is a lot that goes on behind the scenes; and they are there to take that part of the leg work out for the investor. Think of a wholesaler as your personal market analyzer. However, you should never take what they say for face value, ALWAYS do your own due diligence.

Through trial and error you should find the right wholesaler, and you and them will be prosperous in this business. One sign that you could look for, is the volume of business they are doing, and their level of professionalism. Hope this is helpful.

Best of luck to your investing endeavors. Much success.