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Updated over 2 years ago,
Buy a property that's wholesaled or do the research yourself?
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?