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Updated over 2 years ago on . Most recent reply

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?

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