Anyone wholesaling small to medium sized businesses
Has anyone done any small to medium sized business wholesaling? The SFH wholesaling market seems to be saturated at the moment with wholesalers. I was told by a mentor of mine to look in to wholesaling businesses. The baby boomers and Gen X'ers are all 50 years old and older. Many of them own small to medium sized businesses and they are going to want to retire soon. In many cases their kids don't want the business. Also, SBA is about to change the parameters on buying a small business, where you can get in for only 10% down. (that's for another post) So rather than shut the business down or lose it all together we, wholesalers can come in and find someone to buy it and make some money. With that said, does Bigger Pockets have any type of business calculator to help analyze this type of deal? If not, does anyone know of any sites or software that can help with this? Thank you for your time.
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#3 Personal Finance Contributor
- Rental Property Investor
- Denver, CO
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#3 Personal Finance Contributor
- Rental Property Investor
- Denver, CO
Andrea - we primarily focus on real estate here and do not offer tools to help investors evaluate, offer on, purchase, or run “businesses” outside of real estate.
However, this is a personal interest of mine, and I have some experience now running a at first small and now larger business (BiggerPockets).
Would content and tools in this category be valued? If so, maybe we start talking about some of this.
