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Updated almost 6 years ago, 03/09/2019
Long Distance Wholesaling
I recently read David Greene's book on long distance investing where he mostly looks at building teams like contractors, agents, lenders and property managers. I am looking at taking a similar approach, but beginning with wholesaling. This would allow me to get my marketing and acquisition systems in place and make some money doing it. Then expand one step at a time. Adding in seller financing might be a next step. Then adding pieces such as a property manager and keeping a couple of deals in order to build long term wealth and cashflow.
Has anyone tried this? What are some of the challenges I may face in trying to wholesale from a distance?