Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

34
Posts
16
Votes
Stephanie Ford
  • Real Estate Broker
16
Votes |
34
Posts

Buy a property that's wholesaled or do the research yourself?

Stephanie Ford
  • Real Estate Broker
Posted

If you are a wholesaler or have purchased a wholesale property, chime in.  I have made my money wholesaling property for years.  I recently opened my unresearched leads to my sphere of influence and clients.  What I am finding is that the majority of the "investors" don't want to do the work in order to get the deal done.  For example, when I tell them the amount that my list cost, the amount of money that I spend on marketing, and the time spend researching the good properties, their response is wow that's a lot.  But these same people will turn around and purchase a property that I am wholesaling with a markup of $10,000-$20,000.  Why wouldn't you want to save money, buy the leads and get a much bigger return?  Is it that people are lazy and want the easy way out.  I'm guessing that if the numbers work, then it doesn't make a difference.  So which one would you prefer? A wholesaled deal or a lead where you could make all the money yourself?

Loading replies...